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Rolls-Royce dragged into Brazil's corruption scandal, accused of giving kickbacks to authorities investigating Petrobras

Rolls-Royce is allegedly involved in the giant Brazilian Scandal involving bribery among officials to win contracts with state-owned oil giant Petrobras.

Sep 01, 2015 11:54 PM EDT


Greece elections: Clear mandate holds the key on $96-bn bailout package

Greece is heading for elections next month as Tsipras-led Syriza Party and Evangelos Meimarakis-led New Democracy Party are in the fray. Unless there's a clear majority, no party can take key decisions on the third-round of the bailout package, over which Tsipras opted for elections to seek new mandate from the people.

Sep 01, 2015 11:53 PM EDT


Chinese funds inflow creates jobs in US, but concerns also

Chinese companies have established their factories and business operations in the US. Though Chinese funds inflow created jobs in the US, the dragon country's presence has become a cause of concerns fo America. Yuan depreciation is making rounds in the US election campaign also.

Sep 01, 2015 11:50 PM EDT


Foxconn Technology denies termination of $1B investment in Indonesia

Contrary to the reports, Foxconn denies the allegation that they are pulling out the $1B investment deal in Indonesia.

Sep 01, 2015 11:37 PM EDT


Fiat Chrysler offers $100 debit cards to those affected with US vehicle recall

Fiat Chrysler lures owners of recalled vehicles $100 debit card for repairs and discounts of up to $2000 for those who opt to trade in and purchase new cars.

Sep 01, 2015 11:36 PM EDT


Chipotle sued for GMO-free food claims

Chipotle claimed that it is the first restaurant to offer GMO-free food but one customer challenged their claim as misleading.

Sep 01, 2015 11:33 PM EDT


Google's OnHub promises better Wi-Fi

At this point, Google's OnHub is out on stores. It is a wireless router which costs $200. There are speculations that Google made it to connect devices under Google Weave; the Internet of Things.

Sep 01, 2015 11:30 PM EDT


China manufacturing woes continue: PMI index slips below 50 pts

The slowdown in Chinese manufacturing sector continued in August pushing the PMI below 50 level, which indicates the deceleration in the industry. The drop in orders for new work and export demand is the major reason for dip in manufacturing industry's output.

Sep 01, 2015 10:16 PM EDT


Google lets Android Wear smartwatches work with iPhones

Google latest smartwatch will hit the market and it will be compatible with iOS. As for now, LG smartwatch, the Watch Urbane, is the only smart watch that is compatible with iOS.

Sep 01, 2015 10:10 PM EDT


Europe is far behind in its electronic waste recycling target

Europe did not even reach half of its initial goal to effectively recycle 85 percent of its electronic wastes, study says. It is in European law to recycle electronic wastes or objects that come with a battery or plug.

Sep 01, 2015 10:05 PM EDT


Around 200 people arrested in China for spreading stock market rumors

Chinese authorities arrested 197 people for spreading rumors that can lead to troubles. The rumors they have spread included a man jumping to death in Beijing because of the drop in stock market.

Sep 01, 2015 9:40 PM EDT


Tesco plans to sell Iron Maiden's The Book of Souls in vinyl

Big supermarket chain Tesco has long been selling records but recently, it plans to add a more modern format into their offered products.

Sep 01, 2015 9:35 PM EDT