Uber halts operation in three German cities
Taxi hailing service Uber shuts down its service in Frankfurt, Dusseldorf and Hamburg. Uber said it ran out of licensed drivers. The German court ordered a ban against unlicensed drivers to render services in the country.
Nov 09, 2015 6:03 AM EST
US wage growth at 6-year high; All eyes on US Fed
The US wage growth of 2.5 percent in October reaches its highest since July 2009. Beating forecast of 182,000, the US economy created 271,000 jobs during the month. The unemployment rate fell to five percent indicating its lowest level since 2009.
TPP trade pact draws flak for eroding online rights
The much-awaited text of Trans-Pacific Partnership (TPP) has been made available online and has become a center of criticism globally. Consumer protection organizations and citizen forums are raising their voices against TPP as it erodes online rights and also restricts governments on protecting citizens' data.
U.S. companies swarmed Cuba, uncertain if business profits
Some 50 American businesses flock to Cuba for a promise of restored commercial ties brought by detente, but most of these firms still have no idea how to earn money in the communist-ruled country.
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Obama rejects Keystone XL proposal, claims it's not in the best interest of the country
President Barack Obama rejected the proposed Keystone XL pipeline, saying that it is not in the best interest of the country's national security, as he pushes on the climate change agenda.
Nov 07, 2015 5:35 AM EST
Uber Expected To Roll Out A Huge Expansion In China
Uber is planning to expand itself in around China's dozens of cities along with billions of investment in a country all of this happening within a year.
Nov 07, 2015 4:45 AM EST
Germany expects economic benefits accommodating Syrian refugees
Following huge influx of Syrian migrants in Germany, instead of kicking them out, the government is concentrating on accommodating them as through this they are visualising a brighter economic future
Nov 07, 2015 3:20 AM EST
Greece approves reform to pass new bailout worth 86 billion euros
Greece approved Friday a reform bill prescribed by its international lenders before granting them the fresh bailout it badly needs.
Nov 07, 2015 12:50 AM EST
German Airline Lufthansa's main flight crew union to strike on Friday
After the failed negotiation talks over the early retirement and pension issues, the UFO, a union representing the flight crews of the German Airline Deutsche Lufthansa marks the start of their strike activity. A one week long strike will begin on Friday.
Nov 06, 2015 7:22 AM EST
China's First C919 Passenger Jetliner to Compete with Boeing's 737 and Airbus A320
China's create their first homegrown passenger jetliner C919. The state also aims to beat the leading airliners companies, Boeing's 737 and Airbus A320 with their new airtcraft prototype.
Nov 06, 2015 7:03 AM EST
Best Place for Spooky Occasion: Día de Muertos or Day of the Dead in Pátzcuaro in Mexico
The Día de Muertos also known as Day of the Dead is a celebrated holiday occasion throughout Mexico. However, the best known place to experience and witness the eerie occasion is at the enchanted town of Pátzcuaro, Mexico.
Nov 06, 2015 6:55 AM EST
Argentina reserves at 9-year low
Argentian is fast losing foreign exchange reserves. The forex reserves dropped by $94 million to $26.7 billion indicating lowest level since 2006. The Argentina's central bank has been pumping in US dollars in support of its currency Peso.
Nov 06, 2015 4:11 AM EST
Kraft Heinz shuts down century-old plant in Wisconsin and 6 others in North America, cuts 2,600 jobs
Kraft which recently merged with Heinz, the 5th largest food company in the world, has shut down 7 factories and cut 2,600 jobs but would be investing in the millions to improve capacity utilization and modernization of facilities.
Nov 06, 2015 12:54 AM EST
Austin-Bergstrom International Airport's Air traffic control tower resumes operation but repair may take longer, FAA
After the extensive flood from the rainstorm, Austin-Bergstrom International Airport's air traffic control tower started its operation. The storm brought more than 16 inches of rain to the Austin, Texas area last Friday.
Nov 06, 2015 12:52 AM EST
U.K. unveils new bill that will allow internet surveillance by the government
Britain has unveiled a new surveillance bill that will allow the government to access the records of internet activity of its citizens. The law plans raised negative reactions from critics.
Nov 05, 2015 9:53 PM EST
Malaysia Airlines Set to Intorduce its New A330-300 Business Class seats in April 2016
Malaysian Airlines fully revealed its brand new A330-300 Business Class seats in World Travel Market in London.However, the new seats will launch in April 2016 with completed 15 newly configured A330-300 carriers.
Nov 05, 2015 4:45 AM EST
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