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UberMOTO Now Service Bangkok, Rivals GrabTaxi's GrabBike

UberMOTO is now made available in Bangkok competing GrabTaxi's GrabBike. Due to the staggering loss it incurred in China, Uber finds Bangkok as a fit location to pilot its motorcycle service program that will give two free rides to first-time riders until March 15 as its celebratory offer.

Feb 25, 2016 08:15 AM EST

McDonald's Introduces Chobani-yoghurt Parfaits and Smoothies, Breakfast Bowls

McDonald's partners with Chobani, a Greek yoghurt-maker company and tests how the yoghurt will come along being incorporated to some of its menu. The fast food chain is adapting to the change to make itself a 'modern and progressive company' as it adapts to the changing tastes of its customers.

Feb 24, 2016 09:20 AM EST

Failing to Pay Student Loans Can Indirectly Lead Up To an Arrest

An arrest of Paul Aker, a Houston man with more than $1,500 student loan granted almost 30 years ago, received a lot of attention from the U.S citizens and media. Typically, someone can’t get arrested simply for failing to pay the student loan, but an arrest of someone with a student debt could happen under one condition when the person failed to obey a court order to show up regarding the matter.

Feb 23, 2016 09:36 AM EST

Puma Says Future is Female as Rihanna Draws More Sales

Puma is making a huge come back as sales grew more than anticipated. Rihanna's line of premium designed shoes along with the Fenty collection is drawing more customers boosting the company's once meager sales.

Feb 19, 2016 09:33 AM EST

Apple News: Apple Sponsors 2016 Met Gala, Making Its Name In The Fashion World

Apple is sponsoring one of fashion’s biggest and most prestigious event, the Met Gala. This year’s exhibition will feature works that highlight the dynamics of human craftsmanship and technology in creating high-end fashion. Apple will also be involved in the exhibition’s music department using its Apple Music.

Feb 16, 2016 07:07 AM EST

London rental apartments see buying binge ahead of new tax

The London property market is witnessing soaring buying activity for rental apartments ahead of new tax on home coming into effect from April 2016. The latest rush for buying is also pushing prices up.

Feb 12, 2016 08:01 AM EST

Credit Suisse CEO Suggested Bonus Reduction After Billion Dollar Loss

As Credit Suisse booked its first full-year loss since 2008 on Thursday, CEO Tidjane Thiam asked his bonus to be reduced. The financial group reported a worse than expected net loss in 2015.

Feb 10, 2016 08:21 AM EST

Google Deals With HMRC To Pay Back Taxes of £130 Million To The UK, France Probably The Next Claimant

HMRC has been conducting multiyear investigation to unearth Google’s tax dodging events. Though denied earlier, a Google spokesperson has narrated a deal with the Britain’s tax authority to pay taxes of £130 million due for over a decade. The deal is significant since many countries around the globe are conducting scrutiny to ascertain dodged tax amounts of Google and other multinationals. Investigations in accordance with OECD guidelines may also help France to establish its claim for $1 billion as unpaid taxes.

Jan 25, 2016 08:33 AM EST

Global fears prevent US Fed from rate hike plan

The adverse conditions in the global economy and weaker stocks on Wall Street may prevent the US Federal Reserve from going for a rate hike again. Some analysts forecast four more rate hikes in 2016, while Reuters' poll indicate three times hike this year. The slump in commodities, weaker global markets, slowdown in China's economy and lower oil prices are causes of concerns for the US Fed as these are upsetting the Wall Street.

Jan 21, 2016 07:58 PM EST

Stocks tumble on China instability amid further devaluation of Yuan

The instability in Chinese economy, after the dragon country devalued Yuan for eighth time, has created tremors across the global bourses. All the sectors fell in the range of 0.4 percent to 1.8 percent on the Wall Street. Safe haven yellow metal gained four percent in 2016. Chinese CSI 300 index fell 7%.

Jan 07, 2016 07:04 PM EST

14 US states will increase minimum wage in 2016

Several states and cities including New York will consider proposals to lift pay further to $15 an hour. California, on the other hand, is planning to increase wages up to $1 which is the highest among all states.

Jan 03, 2016 09:42 PM EST

Donald Trump's big tax cuts to dent Federal revenues

Tax Policy Centre came out with its latest analysis report on the Republican Presidential candidate Donald Trump's tax plan and its impact. The report reveals that it would impact the Federal revenues. It has stated that Trump's tax cut plan would benefit rich people than middle-income groups.

Dec 23, 2015 09:49 AM EST

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