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American universities are the most innovative, but Asians are strong contenders

The recent survey from Reuters shows that U.S. universities are the home of the most innovative projects. Though Asian universities have been fairly competent with universities from Korea, Japan, Singapore, and China.

Sep 17, 2015 11:56 PM EDT

News

Oracle's turn to cloud; Can it strike the balance cord?

American technology giant in global database industry Oracle Corporation is shifting its focus on cloud offerings. Of late the database major has been facing stiff competition from new technology companies which offer cost-effective solutions via the internet. The shift to cloud could affect Oracle's revenues coming from business fee from existing customers running Oracle software at their data centers, analyses technology experts.

News

Updating estate plans need of the hour for family business owners

Family business contribute over 70 percent of global productions, but owners of them don't update their estate planning. It's estimated that over 50 percent of family business owners didn't update estate planning for more than five years. Perfect and updated family planning ensures the smooth transition of a property from one generation to other while exploiting many tax benefits as well, advise experts.

News

US consumer prices drop, complicating Fed rate hike decision

A tame inflation complicates the Federal Reserve's decision whether to raise interest rates this week. Data show that despite many signs of economic improvement, the pace of growth of US consumer prices last month was well below the central bank's target.

For Avon, it's better late than never

Avon stock price has declined because it refused to go with the flow of the modern day industry where a lot of businesses make use of social media and other means to promote their products to drawing customers and generate larger revenue.

Sep 17, 2015 11:05 PM EDT

Oils Prices Rallied, But Recovery Still To Take Longer

Oil Prices increased Wednesday, but Shell is not expecting recovery any time soon. Lower inventories and oil production in US petroleum supply caused a spike on oil prices Wednesday, but giant oil company Shell admitted it will still take longer before any recovery.

Sep 17, 2015 9:18 AM EDT

Jaguar Land Rover: Bond cars for 'Spectre 007'

On October, Bond fans will soon see their hero in cinemas again chasing villians in a hybrid supercar. Jaguar Land Rover provided the cars for the new Bond film 'Spectre' that will surely amaze the one driving it and the audiences as well.

Sep 17, 2015 9:08 AM EDT

Alibaba investors losing confidence as company's shares go below debut price

Alibaba is in big trouble as Investors lose confidence over the continuing decline of shares cased by the slow consumer spending brought by the Chinese economic meltdown.

Sep 17, 2015 8:38 AM EDT

Sprint's bonds tumble as Moody's downgrades US wireless major

The US wireless major Sprint backed bonds tumbled in the market following the downgrade by Moody's, which sees increasing burdeng of debt maturities, brutal competitions and lack of operational stability for the third largest US wireless company.

Sep 17, 2015 8:29 AM EDT

Sony's Project Morpheus is now officially PlayStation VR

Sony announced the change of name their game device from Project Morpheus to PlayStation VR as it enables players to feel like they are physically inside the game's virtual world.

Sep 17, 2015 8:23 AM EDT

Puerto Rico's rescue plan draws flak

The five-year restructuring plan proposed for ailing Caribbean islan Puerto Rico has become a center of criticism from economists, who question that who shall benefit from this debt deal. Economists argue that the debt plan overstated the financial requirements of the island.

Sep 17, 2015 8:04 AM EDT

Brazilian PE firm 3G Capital eyes SAB Miller

Brazilian private equity (PE) major 3G Capital is mulling over a possible buyout of SAB Miller, maker of Miller. Paving way for a major consolidation in the beer industry as the world's largest brewer AnheuserBusch InBev of 3G Capital is bidding for SAB Miller, the second largest brewer. If the deal is successful, it'll be one of the top-6 global corporate takeovers in the history.

Sep 17, 2015 7:52 AM EDT

Qualcomm introduces Quick Charge 3.0; it could charge phones from 0 to 80% in 35 minutes

Qualcomm unveiled Quick Charge 3.0. It will be featured along with Snapdragon processors in 2016. It is a fast charger that would power up smart phones from 0 to 80% in just 35 minutes.

Sep 17, 2015 7:30 AM EDT

At near zero inflation, ECB may expand QE program

European Central Bank may expand quantitative easing program as the inflation is hovering at near zero level of 01. percent for August. ECB Vice-President also indicated that QE program may be widened further.

Sep 16, 2015 9:43 PM EDT

Rise in low-income jobs makes the job easier for Fed in rate hike

The market analysts, economists say that current situation is favoring the US Fed to take a decision on interest rate hike. The improvement in labor market in low-income jobs is giving much needed support to the US Fed.

Sep 16, 2015 9:29 PM EDT

Dollar-starved Venezuelan telecoms turn weaker

Venezuelan telecom sector is reeling under pressure as it lacks additional funds availability, physical currency of dollars. The cash-strapped telecom companies are unable to strengthen their networks. The soaring inflation doesn't allow them to raise tariff.

Sep 16, 2015 9:22 PM EDT