Target Launches the Future of Retail with the First Ever Cartless Shopping
An introduction of the first ever cartless shopping by Target in their Wonderland store situated in downtown Manhattan. This is an all new set up to help the customers with a trouble free shopping.
Dec 09, 2015 4:32 AM EST
Bewildered Police found Thousands of Euros Floating in Danube River
A mystified case happened in Vienna, Austria when some bystanders reported to the police about a boy jumping into the river Danube. Police were baffled to find out that the boy was actually trying to save more than 100,000 euro banknotes floating in the river water.
Newell Rubbermaid and Jarden’s Plan to Merge Can Lead to Growth
Newell Rubbermaid and Jarden Corp. are in talks to combine their businesses. WSJ first reported this speculative news by an anonymous source. Soon after this news, the stock and share market of these companies reached sky-high.
Now the desktop is no longer a trend in India
Now the mobile e-commerce is booming e-commerce business in India. Now the mobile e-commerce is a booming e-commerce business in India. India could have 657 million Internet users by 2019, up from 277 million to date.
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US consumer credit growth below forecast in October
The consumer spending slowed down in October. The latest data from the US Federal Reserve indicated the cautious approach of American consumers ahead of major shopping season in the country. The consumer spending rose $15.98 billion to $3.5 trillion in October as against $38.5 billion growth registered in September. The auto and student loans propelled the consumer growth in October.
Dec 08, 2015 5:04 AM EST
GE turns down $3.3B Electrolux acquisition
General Electric Co. pulled out of the agreed $3.3 billion acquisition of Sweden’s Electrolux AB, succumbing to pressure brought by the U.S. Justice Department, which was blocking the sale due to antitrust issues.
Dec 08, 2015 12:52 AM EST
Vietnam sees property rebound as more prefer mortgage than cash in buying homes
Vietnam is experiencing a real estate property rebound as thousands of first-time home buyers choose loans to buy their houses and pay mortgage for up to 15 years, increasing the real estate loans by 22 percent in 2015.
Dec 07, 2015 11:14 PM EST
Credit market faces $1 trillion problem from borrowers looking to refinance their debts
Lower quality, high yield, and leveraged loan borrowers are looking to refinance their loans, which is expected to reach up to $1.05 trillion to $1.2 trillion worth of low quality speculative grade debt.
Dec 07, 2015 11:09 PM EST
China's budget airline spread wings to cover more routes
The cost-cutting measures at corporate companies are creating more demand for budget airlines in China. A majority of business travellers are also preferring to fly by budget carriers. The four budget airlines are making profits in Chinese domestic aviation. The budget airlines account for seven percent of China's domestic air travel and is expected to grow over 100 percent in next five years.
Dec 07, 2015 9:31 PM EST
Ferrovial offers broadspectrum A$715M in Cash
Ferrovial SA offered A$715 million for Broadspectrum Ltd., almost a year after the company rejected its previous bid. However, lots of investors are unhappy with the new offer as it presents an opportunistic bid.
Dec 07, 2015 9:27 PM EST
Asian stock markets boosted after U.S. jobs report
Asian stock markets traded higher after the US jobs report suggested the likelihood of the Federal Reserve to rise interest rates in next week. Stock benchmark traded higher in Japan, China, South Korea, Singapore, Taiwan, Philippines, and Indonesia.
Dec 07, 2015 9:25 PM EST
A long-stretched financial winter looms over Hong Kong
Hong Kong's financial hub has slipped into pressure following the continuous economy slowdown in China and concerns about possible interest rate hike by US Federal Reserve. The GDP of Hong Kong's financial center is expected slip over two percent. The latest probe by Chinese authorities into financial markets is also creating tremors among hedge funds, fund managers, brokerage firms and banks.
Dec 07, 2015 9:24 PM EST
IDC: Worldwide Smartphone Market Will See the First Single-Digit Growth Year on Record
On Thursday, the new market forecast said that global smartphone sales growth will cool to single digits for the first time amid the China's economic slowdown. IDC predicted the 9.8% increase in global smartphones shipment to a total of 1.43 billion units. Android dominates the market share with 81.2% with Apple holding only 15.8%.
Dec 07, 2015 8:27 AM EST
Relieved Northern China: Free from the Deadly Smog after Five Days
Interestingly, just when China took a pledge to fight with global warming in Paris meet, Northern part of China is covered with deadly smog. Chinese people got some relief after a strong winter wind helped to clear out the haze after five days.
Dec 07, 2015 8:13 AM EST
Motorola Solutions Acquires Airwave for $1.2 Billion
Motorola acquire UK's Airwave for $1.2 billion to enhance its service business in mobile communication.
Dec 07, 2015 8:07 AM EST
Delhi Pollution- If the Air is being Shared, Why Isn’t the Responsibility?
To combat with Delhi pollution, people need to be responsible first. Beijing, the closest competitor of Delhi in air pollution introduced odd-even number vehicle restrictions way back 2008 Olympics. This measure can be implemented on an immediate basis without any expense.
Dec 07, 2015 7:19 AM EST
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