Major oil firms have biggest war chests for takeovers
The top six oil companies have combined warchest of $0.5 trillion to support takeovers. The world's top six oil companies are ExxonMobil, Chevron, BP Plc, Shell, ConocoPhillips and Total. With lions' share of $320 billion funds, ExxonMobil Corp is leading the list ot top oil comanies with huge liqudity in cash and stock.
Nov 15, 2015 6:04 AM EST
Paris-Based Fashion Brands Wants lawsuit to continue against Alibaba
Kaering SA, parent company of brands such as Yves Saint Laurent and Gucci suing Alibaba Group Holding Ltd have asked a U.S. judge to be relieved of the obligation to mediate.
Apple’s ‘Liquid Expulsion’ will make your iPhone more water resistant
Apple was recently granted a new patent to make its devices more water resistant. The invention will enable the device to repel water from speaker and microphone cavities.
Bargain buying creates robust US demand for gold
The August market crash and other adverse conditions in the global economy had created robust demand for the yellow metal in the US. Amercians concerned over market mayhem started buying gold bards and coins boosting the demand growth by a whopping 207 percent. during the third quarter. Equity analysts term it as bargain buying of US investors that pushed god demand spriraling up.
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Pound Fell Against Dollar Before Fed Speakers Could Impose Rate Hike
The pound fell for the first time in four days against the dollar amid speculation. The pound fell without precedent for the first time in four days against the dollar amid speculation Federal Reserve authorities speaking Thursday will set the stage for a U.
Nov 15, 2015 4:42 AM EST
Russia's two biggest airlines to combine; Aeroflot to buy Transaero for patriotism rather than profits
Aeroflot to buy its closest competitor Transaero Airlines. To help support other companies in Russia in the middle of a downturn, the government is pushing Aeroflot to take over the new Russian Superjets by Sukhoi.
Nov 14, 2015 10:34 PM EST
Drop in agriculture brings down Hungary economic growth in Q3 below forecast
The Eastern European nation Hungary's economy registered 2.3 percent growth rate during the third quarter and this was less than the forecast of 2.5 percent. The drop in agricultureal output impacted the economy, otherwise it would have been at 3%, according to the Ministry of National Economy.
Nov 14, 2015 10:19 PM EST
Apple's iPad Pro offers professional digital arts experience
The iPad Pro is now available in Apple's stores. Its combination of features and pricing may make the convertible tablet-laptop to be the digital sketchbook of professional artists.
Nov 14, 2015 10:03 PM EST
Fossil Acquire wearable tracker fitness startup Misfit
The wristwatch maker Fossil Group as agreed to buy the fitness wearables company Misfit for $260 million. Fossil Group has its Fossil and Skagen brands, and it licenses a host of others, including Michael Kors, Diesel and DKNY are planning to enter into the fitness market.
Nov 14, 2015 9:55 PM EST
Berkeley Disapproves $19 Minimum Wage In Proposal Of $15
After months of anticipation, the city Council of Berkeley, California decided not to take the plunge on a proposed $19 minimum wage.
Nov 14, 2015 1:57 AM EST
Amazon Kindle Fire is $20 Cheaper for Black Friday
Amazon slashed the price of its Kindle Fire and Fire TV for Black Friday shopping spree. Approaching Thanksgiving, Amazon offers a great price for its Fire gadget series.
Nov 14, 2015 1:25 AM EST
Leonardo DiCaprio and 10 billionaires venture in a lab-producing diamonds
Leonardo DiCaprio invested in the Santa Clara-based startup Diamond Foundry, a company that can produce diamonds in a lab in just a matter of weeks.
Nov 13, 2015 9:50 PM EST
YouTube new music app launched, offering countless new features
YouTube launched its new YouTube Music app, designed to make searching for music in the video streaming site easier compared to competitors Spotify and Apple.
Nov 13, 2015 9:32 PM EST
Ben Carson proposes elimination of Mortgage and Charitable deductions
Dr. Ben Carson proposed to eliminate all itemized tax code deductions, including mortgage and charitable deductions during the recent Republican debates.
Nov 13, 2015 9:10 PM EST
Indonesia challenges China's claims on South China Sea claims
Indonesia announced Thursday that its country asked China to clarify and prove its claims on the South China Sea, as it plans to bring the matter to international court.
Nov 13, 2015 8:35 PM EST
Smart Helmet Gives Eyes Behind Your Back
Skully AR-1, the new helmet that can give its wearer back view is introduced. The inventor's passion in human-centered technology and design created a new invention that changed the world.
Nov 13, 2015 10:08 AM EST
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