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Paddy Power, Betfair £5B merge deal expects to complete process by 2016

Two of the Britain's online betting site, Paddy Power and Betfair, confirms the merging deal worth £5B. It is expected to be completed next year, which will make them the largest online gambling company in the whole world.

Sep 09, 2015 9:59 AM EDT


500 Startups Slowly Conquering the World with Six New Investment Partners

500 Startups looks to find its new unicorn by hiring six new partners to play specific important roles all over the world.

Sep 09, 2015 9:55 AM EDT


Japan's Economy Reduces at a Minus 1.2 Percent Annual Rate in Q2

Japan’s economy contracted at a minus 1.2 percent annual rate, as seen in its second quarter report.

Sep 09, 2015 8:54 AM EDT


Disruptive technology destabilizes the economy as we enter the venture capital revolution

Analysts say that as we enter the venture capital revolution, majority of capitalist venture on disruptive technology. Thus, it creates imbalance in our economy, neglecting other areas that need to be developed like health, food and education.

Sep 09, 2015 6:18 AM EDT


Analysts Say Volkswagen's Management Reshuffle Not Enough to Create Momentum

Volkswagen’s reshuffling may not bring the momentum it needs to to address its structural issues between lets Chief Executive Martin Winterkorn and former Chairman Ferdinand Piech.

Sep 08, 2015 11:46 PM EDT


Nike could be J. Crew's toughest rival

Nike is just silent and waiting around the corner to take its queue in the market sales. Before J. Crew knew it, Nike has gotten the bigger share in the active wear market share sales.

Sep 07, 2015 11:35 AM EDT


Wall Street Q3 projections under pressure

The projections on US growth rate for third quarter are likely to be lower following the adverse conditions in emerging ecnomies, expectations of rate hike by US Fed, currency crisis in developing nations.

Sep 07, 2015 11:23 AM EDT


China's economic distress is risk to global economy: IMF and ECB

China's economic turmoil poses great risks to the world's economic growth but they are managing to recover from the troubles with the help from other countries and Fed will not yet increase its interest rates.

Sep 07, 2015 4:54 AM EDT


Craft beer maker BrewDog turns to Crowdcube for GBP25M fund raising

Scottish craft beer maker BrewDog is raising GBP25 million to support its expansion plan. For the first time, BrewDog is using crowdfunding platform Crowdcube. Using the raised funds, BrewDog will open new bars across the UK and also set up a manufacturing facitlity in the US.

Sep 07, 2015 4:53 AM EDT


Irish fashion brand Primark to launch eight retail stores in the U.S.

Primark, the top fashion brand that started in Dublin, Ireland will venture on the U.S. market opening eight stores in a row. Its first store will be in Burnham Building Boston to be launched on September 10.

Sep 07, 2015 4:51 AM EDT


Housing boom in the horizon as market welcomes potential new buyers

The supply of houses being put up on sale is dwindling, while survey firms see a surge in potential new home buyers. This could lead to another boom in house prices.

Sep 07, 2015 4:51 AM EDT


Slump in Chinese economy brings down manufacturing cost for British fashion labels

The Chinese economic meltdown means lower manufacturing cost for small fashion firms in the UK. The Chinese economic meltdown is not bad news for everybody, as some British fashion companies that use factories in the oriental country will experience lower costs in manufacturing.

Sep 07, 2015 4:25 AM EDT