OPEC overwhelmed by COP21, Oil Supply, Emerging Market growth decline
The biggest problem that OPEC has to face is the threat of COP21’s hydrocarbon assets, the structural trends in oil supply, and the Chinese economic slowdown, which seem to have also slowed emerging markets’ growth.
Dec 06, 2015 3:51 AM EST
Some Hoverboard Explosions Raise Safety Concern
The hottest toy in 2015 is a hoverboard. However, recent incidents of explosion arise safety concern.
The Shining Star Wars Droid BB-8: Studded With Diamonds and 18-Karat Gold
The Star War BB-8 droid is immortalized in gold and silver by Kay Jewellers. It is said to have collaborated with the Disney Consumer Products.
McDonald’s Yummy Launch: French Fries Loaded with Extra Toppings of Salsa, Bacon and Guacamole
McDonald’s introduce two new flavored sauces to be served with French Fries. The bacon and cheese version and the guacamole and salsa version are the two toppings for the season.
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Soda Drinks Removed from the Children’s Menu of Applebees and IHOP
Applebees and IHOP, top food chains drop the soft drink from their menu for children. This is a conscious step for the good health of the children.
Dec 04, 2015 8:44 AM EST
Moschino’s Merger with Nintendo Will Unveil The Super Moschino Collection on 5th December 2015
The Nintendo collaborated with Moschino to create the Super Moschino collection to celebrate the 30 years of the Super Mario Series. It will include items with the images of the beloved Nintendo characters.
Dec 04, 2015 8:38 AM EST
Asian stocks reel under pressure ahead of Fed meeting
Asian stocks fell further after hovering at three-week lows amid weaker oil prices. The statements from the US Federal Reserve and European Central Bank (ECB) further worsened the situation., The ECB reduced deposit rates and this discouraged the market. The forthcoming jobs data and inflation numbers will set the tone for US Fed, which will meet in December to take a decision on interest rate hike.
Dec 04, 2015 4:13 AM EST
Chinese regulator defends its intervention in securities market
China Securities Regulatory Commission (CSRC) has defended its interventions in the market as it prevented further volatility after the August crash. The intervention was justified as foresight on the part of Chineses officials to prevent a possible market crash.
Dec 04, 2015 4:04 AM EST
Opec members lock horns over who should cut down production
The latest meeting of OPEC in Vienna concluded without any decision on the production level. Saudi Arabia is believed to have proposed production cuts if non-OPEC nations join them. OPEC members are also discussing on who should cut the production. There's no conclusion after the one hour-long meeting.
Dec 04, 2015 2:45 AM EST
American CEOs: US economy remains gloomy, tax code uncompetitive
A majority of chief executives expressed their concerns over the US economy and not willing to spend more in 2016. They said US tax code is not competitive and driving many companies to leave the US as they prefer tax havens.
Dec 04, 2015 2:37 AM EST
Philippines snackmaker Liwayway Group is now a leading brand in China
Liwayway Holdings, a Philippines-based snackmaker, started its business in China in 1993 and now is one of the leading snack makers in the country. Its product, Oishi snacks, is now one of China's iconic brands and one of the top five snack food brand is Asia Pacific.
Dec 04, 2015 2:26 AM EST
Grupo BTG Pactual shares and bonds plummet, ratings downgraded after billionaire CEO Andre Esteves detention extended by court
Following the arrest of Banco BTG Pactual's CEO billionaire Andre Esteves, the Supreme Court in Brazil extended his detention indefinitely. Shares and bonds of Banco BTG plummeted while Moody's Investors Service downgraded its baseline credit assessment by two levels.
Dec 04, 2015 2:18 AM EST
Celebration of St. Andrews Day with Romanian Flag in Facebook: Scotland FB Users Upset
Scotland FB users are unhappy over the FB’s suggestion to celebrate St. Andrews Day with a Romanian flag. However, Facebook rectified as soon as it realized the situation through social media.
Dec 03, 2015 8:39 PM EST
Trendy Urban Breather Mask by Vogmask to Combat Air Pollution: Coming Soon in India
Nowadays, environmental pollution is one of the major causes for people untimely demises. Vogmask is set to launch trendy designer mask for protection against air pollution. The product will soon come to the Indian market with limited edition collection.
Dec 03, 2015 8:35 PM EST
Mobile is king of the sky: United Airlines to buy 6,000 iPhone 6 Plus for its customer service employees
United Airlines will buy 6,000 iPhone 6 Plus for the airline's customer service representatives, adding 23,000 of iPhone 6 Plus it bought last year for its flight attendants. The airline's pilots have been using iPads since 2011.
Dec 03, 2015 3:58 AM EST
JPMorgan teams up with On Deck Capital to roll out new lending product
JPMorgan Chase has teamed up with On Deck Capital to accelerate the loan processing for the small business segment. On Deck Capital is an online provider of high-cost lending and will offer its technology platform for JPMorgan to speed up loan processing for its four million customers. JPMorgan will launch new Chase product in 2016 taking care of small-dollar loans.
Dec 03, 2015 3:54 AM EST
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