Yahoo has closed down its video content service Yahoo Screen. The US traffic to Yahoo Screen fell 28 percent during the past two years. As the ad revenues didn't take off, Yahoo has written down $42 million on Yahoo Screen.
After the separation, Fiat Chrysler is focusing on its €48-billion investment plan to 2018. It'll also revamp its brands Alfa Romeo, Jeep and Maserati. Ferrari made its debut trading in Milan after listing on Wall Street in October 2015. Analysts opine the road ahead for Ferrari may not be smooth as the capital intensive car maker with small volume can sustain the high valuations.
Boeing Co has bagged $855-mn contract from the US Air Force. Boeing will offer avionic component integration and contractor logistics support for T-38C aircraft. The duration of the contract is 10 years and works are scheduled for completion by January 2026.
General Motors announced that it had unanimously elected Mary Barra as its next chairman, effective immediately. Barra succeeds Theodore Solso who will be retiring but will continue serving as the Board’s Lead Independent Director.
Korean electronic giant, LG is to display its paper-thin OLED screen in CES. Its new flexible display technology is a a flexible and rollable screen.
Intel has announced acquiring German drone maker, Ascending Technologies on Monday. All the existing 75 employees of the latter concern are going to be offered position in the new dynasty. Not only that, Intel has also pledged commitments to extend support to the existing customers of the acquired entity.
With an objective of reviving the economy, Bank of Japan (BoJ), Japan's central bank, is playing a role of activist investor in the domestic equity markets. The central bank's governor and Prime Minister are also asking corporate companies to increase capital expenditure and wage rise. Bank of Japan holds $54 billion in exchange-trade funds (ETFs). Japan's economy is suffering from weaker consumption and deflation.
The year 2016 may witness encouraging employment generation, but moderate salary rise. The inflation rise will erode the salary rise benefits. India and the UAE may record robust job growth rate. IT, app economy, retail and BFSI sectors to lead emplyment generation of about 3.5 million in India. Dubai Expo-2020 may play a key role in jobs growth rate in the UAE.
Economists and analysts foresee the five key factors that would influence the global economy significantly in 2016. The major aspects such as industrial production, consumer spending, international trade, currency trends and inflation will influence the global economy. The lower energy costs will propel consumer spending upwards, while resulting in inflation rise.
Latte Macchiato, combination of espresso and milk, is going to be served by Starbucks, the Seattle based Café Chain. The popular Australian drink is being introduced to the Americans by Angus Maxwell, certified barista serving the coffee chain. The new beverage joins the Starbucks menu and is believed to be a stepping stone between a cappuccino or flat white and an Americano among those desiring to change the taste bud.
Oil price is rising amidst tension between Saudi Arabia and Iran. The oil price started the first day of trading in 2016 at the price of $38 a barrel before reduced to $37 in the afternoon trading.
Sydney home prices fell for the second-consecutive month. The market also recorded its worst quarter in four years as a regulatory crackdown pushed up mortgage rates causing weak demand in the housing sector.
Asian ship building industries will face a bleak year in 2016 due to low oil price. As a result, shipyards receive less orders for offshore rigs project. Korean, Singaporean, Chinese and Japanese as the main shipyard owners in Asia are preparing necessary measures to manage the crisis.
Apple Inc. has increased the prices of products in Germany, effecting from January 1, following a successful deal with German Trade Association, Bitkom and ZPÜ collecting societies in December 2015. The adopted policy is similar to those adopted by other European countries, but along with the creative intellectuals, the levy will be available for sharing with the porn film makers too.
If you think that the micro accounts are useful only for beginners who may not be able to cope with the fast dynamics of changing quotes on trading platforms, then this is not so. Professionalism grows out of these cent accounts.
Journalists love their jobs because they get to interact with people from all sorts of backgrounds and expertises, then turn around and share their knowledge with the world.
As the metaverse takes over more of our digital lives, the commoditization of all aspects of our virtual beings becomes more and more of a reality.
Rustam Gilfanov is a famous IT businessman, a founder of a large IT company, and a partner of the LongeVC Fund.
In the currency trading business, many individuals make mistakes. Since most individuals join this profession with too much excitement, they forget about efficient strategies. Instead of controlling their investment and execution process, most individuals make poor choices for trading.
In today's digital world, more and more people are investing in cryptocurrencies. These digital tokens have exploded into popularity over the past few years, and have grown to the point that there are now nearly over 6,000 of them, according to Statista.
Following the pandemic, natural calamities, and major employment shifts, a startling new study on the online news site News Nation shows that 1 in 4 Americans don't have an emergency fund.
Generational wealth is a facet of wealth management that is often misunderstood. Labeled trust fund babies, rich kids, and lucky breaks, those who receive an inheritance from families are rare.
Social media has successfully made it to the mainstream consciousness of over half the global population. DataReportal's latest study shows that over 4.33 billion people worldwide are using some form of social networking site this year. That's why it's no wonder many tech companies are interested in investing or forming the next Facebook, Twitter, or YouTube to capture the hearts and minds of the general population.