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The Aftermath of China Smog Red Alert

For the first time in since adopting the four-tier emergency response program for air pollution, last week Beijing issued red alert for smog as the air pollution in China get worse.

Dec 17, 2015 09:51 PM EST


Kleppierre join hands with Entra: Oslo Shopping Center to be bought for $578 million

Kleppierre, jointly with Entra has signed a sale and purchase agreement to acquire Oslo Shopping Center. The companies have agreed to buy the shopping center for $578 million.

Dec 17, 2015 04:03 AM EST


AEP reaches settlement on coal-fired power plants in Ohio

AEP Ohio said that it has reached a settlement with Ohio state regulators and other parties for long-term contracts with its coal-fired generators. The agreement is expected to be ruled in early 2016.

Dec 15, 2015 10:31 PM EST


Baidu Self Driving Bus to Hit the Road in Three Years

Baidu Inc., the China Internet giant prepares its self-driving bus to hit the road in the next three years.

Dec 15, 2015 03:54 AM EST


Kia Self Driving Car Will Roam Nevada Road

Nevada public road will see a KIA car without driver roaming the road as the Korean company obtain a license to test its autonomous driving technology.

Dec 15, 2015 03:52 AM EST


Deeper recession, faster CPI, higher rate squeezing Brazil

Latin American nation Brazil is suffering from rising inflation, unemployment and drop in economy growth. The Brazil's central bank is expected to raise interest rate in 2016 and this will further enhance borrowing costs putting more pressure on business and industry.

Dec 15, 2015 09:49 PM EST


China leaves US, Japan behind in patent race

With 928,000 patent applications in 2014, China emerged as the leading country in the patent race, surpassing the US and Japan, which ranked at second and third positions respectively. China's patent applications rose 12.5 percent during the year, the US grew 1.3 percent, while Japan declined by 0.7 percent. The total number of patent applications in 2014 were 2.7 million.

Dec 15, 2015 04:00 AM EST


Despite BG takeover, Shell to slash jobs

Royal Dutch Shell is keen on slashing jobs by 2,800 as part of its cost reduction exercise. Shell is acquiring BG Group Plc in a £40-billion takeover, for which it has received all the required regulatory approvals. However, considering the lower oil price, shareholders raise questions that offer is overpriced for BG Group plc. The acquisition deal is poised to be over by early 2016.

Dec 15, 2015 03:42 AM EST


Combating Pollution in China with Smartphone App

Smartphone applications and devices can now be utilized allowing citizens in China in monitoring pollution.

Dec 14, 2015 08:24 PM EST


Samsung Galaxy S7 will have a Pressure-Sensitive Touch Screen With Retina Scanner

Samsung is going to launch a new Galaxy S7 with pressure-sensitive touch screen on March 2016.

Dec 21, 2015 08:05 AM EST


The Plan to File a Lawsuit Against Amazon by the NJ Mayor has been Abandoned

People from all over the world were contemplating if filing a lawsuit against Amazon is justified by NJ Mayor over traffic issues. Surprisingly, within a couple of weeks, NJ Mayor has withdrawn his decision to sue Amazon and clarifies the reason behind his sudden decision change.

Dec 14, 2015 08:50 PM EST


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