Oil supply glut creating traffic jams at sea
The rising levels of oil inventories are resulting in more supplies and this is creating traffic jams of tankers on the seas shores and along the US Gulf Coast. The floating storage of crude oil rose three times. A number of oil tankers are queuing up waiting for offloading.
Nov 25, 2015 2:20 AM EST
Morocco to build the world’s largest solar power plant
Morocco will build the largest solar power plant in the world to provide electricity in the country by 2020. The first phase of the project will go online next month. Morocco also plans to export its solar energy to other countries in Europe.
Ackman Established Superiority On Pershing By Raising Its Stake In Valeant Pharmaceuticals
Activist investor Ackman has recently announced that Pershing has increased its amount of stakes in Valeant Pharmaceuticals. According to experts, this decision will play an interesting role in the besieged drug maker’s strategy.
Jack Dorsey, retail investors win, while underwriters lose in Square IPO
The IPO from Square has set a new record by receiving an overwhelming response on its listing day. the stock rose 45% giving more cheers to investors. Forbes has done some assessment on who are the winners and losers in Square IPO.
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UK allots £1B fund for the eradication of malaria, other infectious diseases
The UK government will be spending £1 billion for the eradication of malaria and other infectious diseases. To fight against these dangerous diseases, the UK government is setting up a £1-billion fund to be spent over the next five years. The UK is working on this ambitious project in partnership with Bill and Melinda Gates.
Nov 24, 2015 10:57 PM EST
Cat Photos Show Solidarity for Citizens in Brussels
Manhunt for Islamic State terrorist suspect is still on going in Brussels. Citizens cooperate with police to stop sharing information about situation, and share cat pictures instead.
Nov 24, 2015 10:00 PM EST
Turkish Airline Flight Forced To Emergency Land After Bomb Threat
A Turkish Airline flight forced to divert and land in Canada after a bomb threat was received. The flight was flying from New York to Istanbul.
Nov 24, 2015 4:53 AM EST
New York Governor’s Praiseworthy Effort to Stop Terrorism through ‘See Something, Send Something’ App
Have you ever imagined combating terrorism by using a mobile app? Now, you don’t need to wait and search for the right person to send the SOS or think whom to call. Go through, Gov. Andrew Cuomo’s promotional campaign to know more.
Nov 24, 2015 4:03 AM EST
Walmart to begin Cyber Monday sales drive
As part of boosting sales volume, Walmart has announced Cyber Monday beginning early from 8pm on Sunday. Walmart has also organizing Cyber Week during 28 November-4 December. The US retail major is offering discounts and free shipping to shoppers.
Nov 24, 2015 3:44 AM EST
Asian stocks tumble as commodity fall continues on thin volumes
Asian stocks tumble as commodity stocks slipped into pressure while consumer stocks gained momentum. The positive expectations about US interest rate hike is pushing Wall Street upwards.
Nov 24, 2015 3:43 AM EST
Billionaire Liu Yiqian Buys $170 Million Painting: 'Reclining Nude' allows him to fly first class for free
A $170 million purchase for Modigliani painting can provide Chinese billionaire Liu Yiqian free flying anywhere in the world in first class with his whole family, as he uses his AmEx card for the purchase.
Nov 24, 2015 3:36 AM EST
Europe recession looks enduring, warns think tank
The latest IPPR report cautions that the worst effects of European recession risk could be permanent. The report suggested Europe to focus on enhancing skill set and continuous training activity for workers.
Nov 24, 2015 3:13 AM EST
CVC and Canadian Pension Plan near deal to buy Petco for $4.7B
CVC Capital and Canadian Pension Plan Investment Board (CPPIB) are believed to be in the final stage of the acquisition process for taking over Petco in a 4.7 billion deal. As discussions are kept confidential, confirmed details are not yet announced.
Nov 24, 2015 2:47 AM EST
Women Rules The Education Scenario In Many Countries: Does The Professional World Reflect The Same?
The women are more educated than the men in many countries. It is proven from various reports, but the professional world is yet to give the women what they truly deserve.
Nov 24, 2015 1:38 AM EST
Fake Product Reviews Influence The Online Sale: Are The Customers In Arrest Of This Festive Manipulation?
Beware of the fake product reviews while buying products online during this festive season. Blindly reading and trusting reviews can manipulate your purchase to a great extent.
Nov 24, 2015 1:10 AM EST
US, China to roll out 'Space Hotline' to avoid conflicts
The US and China have set up a 'Space Hotline' for avoiding possible warfare and misunderstanding in satellite operations. The US has previously established Space Hotline with Russia since Cold War days. The objective of establishing Space Hotline is to exchange of information directly.
Nov 23, 2015 9:39 AM EST
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