Deutsche Bank restructures organizational unit and executive board
Deutsche Bank AG announced it is restructuring its organization and executive committee. This is a part of the 'Bank's Strategy 020'. The move is to address the changing and growing demand of its clients.
Oct 19, 2015 6:28 AM EDT
Russia's Flag Carrier, Aeroflot Dropping 22 new Dreamliners 787 Orders from Boeing Company
Russia's largest airline, Aeroflot cancelled the 22 new Dreamliners 787 orders from the US aircraft manufacturer Boeing Comany. The said airline instead is considering of acquiring 34 aircrafts from Transaero Airline.
RBI paves the way for funds inflow; Indian banks finally slash rates
The RBI Governor Raghuram Rajan's latest measure to slash benchmark repurchase rate is finally giving results as commercial banks started cutting down interest rates. Commercial banks in India have reduced interest rates by 70-125 basis points this year so far.
Starbucks to brew in Italy
Starbucks has plans to expand its business to Italy and serve Italians the best-tasting coffee and other stuff the biggest coffee chain in the world has to offer. It was reported on Thursday that Starbucks is already discussing the proposal with an Italian partner for the opening of the business in the said country.
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Coke and Pepsi can still use 'diet' on labels and ads
The FTC declined the Right To Know's request for soft drinks manufacturers to stop using the word 'diet' in their labels as they see it as a misleading advertisement. These drinks contain sugar substitute which is proven to gain weight, not to lose weight.
Oct 19, 2015 2:31 AM EDT
Land of rising sun warms up to investors
Mainly five reasons -- attractive valuations, corporate developments, shareholders value, corporate earnings / RoE and Abenomics program-- are making Japanese financial markets attractive for overseas investors.
Oct 19, 2015 1:58 AM EDT
Public surveillance mobile app empowers Indonesians
This post deals with how the public surveillance app has helped the frustrated Indonesians air their woes over the delays of bureaucrats in the completion of the road and port development projects.
Oct 19, 2015 12:14 AM EDT
Bank of America posts profit for 4 quarters in a row
Bank of America (BoA) has posted positive numbers for the third quarter making its fourth consecutive quarter with profits. The Charlotte-based bank posted a net profit of $4.07bn for the third quarter. Despite its pedestrian performance in the third quarter ending September 2015, the bank has been able to post profits for the last four quarters.
Oct 18, 2015 10:31 PM EDT
Amazing Caribbean Destinations For Adventurers
Caribbean has a lot of places for extreme adventures. Tourists will definitely enjoy and experience thrilling adventures in this amazing Caribbean destinations.
Oct 16, 2015 9:27 AM EDT
Toyota aims to sell 30,000 fuel-cell cars annually by 2020
Toyota is aiming to sell 30,000 of different vehicles by 2020 powered by fuel-cell or hydrogen. This is to lessen the emission of harmful carbon dioxide from the vehicles itself and the production plants including new plants and production lines.
Oct 16, 2015 6:40 AM EDT
Copper production curb possible if less demand continues in China
The demand for copper along with other metals such as zinc and aluminum declined. This scenario prompts mining companies to control the production if necessary to also have contro on the prices.
Oct 16, 2015 6:17 AM EDT
Russia's military campaign in Syria propels oil prices
Russian president's military activity against Syria slightly raised the price of oil in the world market. According to some this is what he really wants and the bombing campaign in Syria is intended for the west-backed rebels seen as a threat to the Russian ally regime and Syrian President Bashar al- Assad.
Oct 16, 2015 5:58 AM EDT
Apple disabled News app in China
Apple is blocking its own News app to comply with Beijing's censorship regulations as required by the Chinese government. Apple and other companies must create their own censorship system to remove irrelevant articles from their feeds otherwise they cannot operate in the country.
Oct 16, 2015 1:31 AM EDT
Brookfield's $6.5-bn Asciano bid in regulatory fiasco
The $6.5-bn acquisition offer to Asciano Ltd by Brookfield Infrastructure Partners is landed in trouble as the Australian regulator seeks an extensive review following the concern raised by the country's competition watchdog. It postponed its decision till 17 December.
Oct 16, 2015 1:26 AM EDT
AltaGas LNG export plans on hold over import tax dispute
AltaGas Ltd has put its investment plan of C$600 million ($464mn) on hold over an ongoing dispute over tax on imported equipment. AltaGas has drawn a plan to export liquified natural gas (LNG), but couldn't take it forward as it's involved over a tax dispute with government. AltaGas expects a positive decision from government next month.
Oct 15, 2015 10:33 PM EDT
National Geographic's Andrew Coleman in his Memorable Wildlife-Viewing Experience in Borneo
Borneo is the home of a great number of wildlife species. Andrew Coleman, the vice president of Digital at the National Geographic Travel and an avid photographer explores Borneo wildlife and documented his unforgettable encounters with the different endemic species.
Oct 15, 2015 8:49 AM EDT
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