China Thoroughly Scrutinizes eCommerce: Will The Country Be Successful In Controlling Fake Goods?
China is trying hard to revamp the entire eCommerce market through quality control measures. China authorities have introduced certain hard and fast rules and regulations to enhance their image in the global platform.
Nov 18, 2015 11:12 PM EST
AliBaba Keeps Dominating The Market Despite Of The Counterfeit Goods Issue
Last week Alibaba made history when it sold $14 billion of merchandise in a single day more than Cyber Monday and Black Friday deals combined.
Foreigners Are Piling In As Argentina Open Doors For Business
For the first time in two decades, the US Chamber Of Commerce is bringing business leaders to Argentina.
How Traffickers Uitilize Social Media To Tempt Teenagers Into Sex Work
Traffickers worldwide are increasingly using social media to contact vulnerable teenagers and sell them into sex work.
Latest News
Obama to sign TPP deal with Philippines and Vietnam in APEC Summit
President Barack Obama is expected to talk more regarding the TPP during the APEC summit which will be attended by many leaders including Chinese President Xi Jinping. The summit will also see Vietnam and Philippines to sign the pact.
Nov 16, 2015 9:24 PM EST
China Doubles The Deposit For Stock Margin Trading
China will double the deposit required for investors to borrow funds to trade stocks, known as margin trading.
Nov 16, 2015 8:21 PM EST
Cisco And Ericsson Join Hands To Create Networks Of Future
Next generation strategic partnership will drive growth, accelerate innovation, and speed digital transformation demanded by customers across industries.
Nov 16, 2015 8:16 PM EST
EasyJet expected to announce £700 million of profit next week
London-based low-cost airline carrier, EasyJet is set to post its highest ever annual profits of about £700 million next week. Analysts are optimistic that recent hike in the number of passengers will offset the Sharm el-Sheikh crisis.
Nov 16, 2015 7:54 AM EST
US Fed may hike interest rate in December
The top officials at US Federal Reserve are indicating a possible rise in interest rate in next December meeting if economic data is supportive. On the other hand, the rising dollar and weak global economy are impacting US exports, while easing pressure on imports.
Nov 16, 2015 3:05 AM EST
Alibaba Group may acquire SCMP group
Alibaba Group, a China-based e-commerce major, is said to be in negotiations to acquire SCMP Group, which runs China Daily. Alibaba is investing in media companies.
Nov 16, 2015 3:01 AM EST
Zuckerberg Explained Facebook's Safety Check Activation after Paris Attacks
Mark Zuckerberg explained the rarely Safety Check tool to enable people marked themselves as safe. Safety Check tools was activated after Islamic States' terrorist attack in Paris.
Nov 16, 2015 1:48 AM EST
Russian GDP shrinks 4.1% in Q3; fall rate eases
Russian GDP fell 4.1% during the third quarter, but it slowed down when compared with the second quarter's drop of 4.6%. The Western sanctions, oil price drop and lower investment activity are taking a toll on the Russian economy. The oil and gas sector is a major contributor to the Russian economy.
Nov 16, 2015 1:16 AM EST
Starbucks offers new perks to military veterans
With 5,500 veterans hired to date, Starbucks has surpassed the half-way mark toward its goal. But hiring is only one part of the story. Starbucks is on a mission to help bridge a disconnect between the military and civilians while honoring the service and sacrifice of veterans and military spouses.
Nov 15, 2015 10:00 PM EST
UK Sold Northern Rock Mortgages To US Worth £13bn
The treasury has sold worth £13bn of Rock Mortgages to a US private investment firm in what is being thought to be the biggest ever financial asset sold by the European government.
Nov 15, 2015 6:36 AM EST
McDonald's drops realty, focuses on turnaround plan
McDonald's has dropped the plan of spinning off its real estate assets to Real Estate Investment Trust (REIT) and instead it'll focus on turnaround plan. The hamburger chain is also expanding its restarant network on franchise basis. McDonald's is also changing its menu list and process of products to alure more number of diners. It has also increased dividend payout to shareholders.
Nov 15, 2015 6:18 AM EST
Major oil firms have biggest war chests for takeovers
The top six oil companies have combined warchest of $0.5 trillion to support takeovers. The world's top six oil companies are ExxonMobil, Chevron, BP Plc, Shell, ConocoPhillips and Total. With lions' share of $320 billion funds, ExxonMobil Corp is leading the list ot top oil comanies with huge liqudity in cash and stock.
Nov 15, 2015 6:04 AM EST