Hongkong Palace, the Best Place to Eat Authentic Chinese Food in DC
While in DC and craving Chinese food, Hongkong Palace offers Chinese food that is surely authentic and delicious. There are a lot of choices in the menus and its surprisingly affordable.
Oct 15, 2015 8:18 AM EDT
Brazil's deepening recession worries bankers, fuels job cuts
Bankers forecast Brazil's economy would further slip three percent in 2015 and unemployment rate spiral up to 10 percent in 2016.
Volkswagen emissions scandal alarms China quality watchdog
Volkswagen scandal has not spared China from the software that creates false results for emission tests. This cause AQSIQ and the Chinese government to conduct a separate investigation regarding the issue. VW will be hurt most if China takes its toll on the automaker since the country comprises a third of its total global sales.
Optimistic OPEC secretary-general expects balanced oil market in 2016
The OPC secterary-general is very positive that by 2016, the oil market will regain its strength and recover from the deep plunge from the previous years. The output remains the same to control the supply and price as well. Non-OPEC countries will soon join depending on the discussion in the meeting that will be held this month in Vienna.
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Brazilian middle class struggles as economy drops
The ongoing recession in Brazil's economy is resulting in many job cuts. This is impacting the new middle class section in more negative way. Many middle class families are slashing their spending plans and this in turn affecting the retail sales in the economy. Earlier, commodities-driven boom graduated millions of poor people into new middle class status. But, the latest recession is giving tough time to middle class Brazilians.
Oct 13, 2015 9:17 PM EDT
$1.68-tn M&As in 2015 nearing dotcom-driven 2000's $1.73-tn record mark
The mergers and acquisitions (M&As) this year so far stand at $1.68trillion and this is near to previous record level of $1.73tn registered in dotcom-driven year 2000. The latest acquisition deal announced by Dell to buy EMC for $67bn is the biggest deal for technology sector.
Oct 13, 2015 8:50 PM EDT
German broadcaster buys Swedish travel firm for $267mn
German broadcaster ProSiebenSat.1 has acquired Swedish online travel agency Etraveli Holding AB for Euro235million ($267mn) from private equity (PE) firm Segulah IV LP. The acquisition deal for ProSiebenSat.1 is its biggest investment in the global e-Commerce. The German broadcaster will expand its digital operations globally following the acquisition. ProSiebenSat.1 is planning to expand beyond TV business.
Oct 13, 2015 8:42 PM EDT
Lawton Michigan Wine Makers Suffers Vineyard Crop Damage after Winters' Severe Freezing Temperature
Local wine makers at Lawton Michigan had been experiencing vineyard crop damage as the winter season hits this year. The harvest grapfruits crops decreased due to the severe freezing temperature.
Oct 13, 2015 9:27 AM EDT
Top Five Food Heaven in Saskatoon City, Saskatchewan,
Canada's prairie province Saskatchewan has a lot of restaurants to boasts. The capital city of Saskatchewan, the Saskatoon city has some of the food heaven that food travelers will enjoy.
Oct 13, 2015 8:41 AM EDT
EB-5 tougher for Chinese rich if investment bar goes up
The proposals seeking raising investment limit for EB-5 program under consideration of Congress. The current investment requirement for the permanent residency is $500,000 or $1mn depending upon the project. If the investment bar goes up, it'll be tough time for rich Chinese investors owing to capital controls imposed by the world's second largest economy.
Oct 12, 2015 9:04 PM EDT
Best Places in New York City for Oktoberfest celebrations
Oktoberfest in Munich Germany is also widely celebrated in other parts of the world even in the city of New York. New York has also the best places to celebrate the annual Germany 's beer party.
Oct 12, 2015 9:32 AM EDT
Qantas Lounge gets Australian singer, Kate Ceberano Ousted at the Lounge For Wearing Something against their Dress code
Australian Airlines Qantas Lounge have been enforcing their "smart casual" dress code since April. However, Australian singer, Kate Ceberano might not know the dress code rules. the singer has been kicke out of the lounge for wearing a flipflop. She expressed her disappointment on social media.
Oct 12, 2015 9:19 AM EDT
British tech community delivers innovative solutions to refugees
Tech experts in Britain are working out for technology solutions to help Syrian refugees. Aids like network communications and applications for them to find home are some of their on-going projects.
Oct 12, 2015 8:29 AM EDT
Greece economy will rise by the middle of 2016
Greece economy is gradually growing after years of recession. This is a good sign that by the middle of next year, Greek has recovered from its economic issues.
Oct 12, 2015 8:19 AM EDT
China sees 10,000 start-ups a day amid government support
In what could be a fresh breather for China, the significant rise in number of startups is boosting lending activity and creating more jobs in the world's second largest economy. The Chinese government is encouraging small firms by offering tax sops and other concessions in fees. As a result, over 10,000 startups are coming up every day surpassing the six million mark. However, startups are facing a variety challenges as well.
Oct 12, 2015 2:28 AM EDT
Lufthansa invested €3 billion in premium economy service in the Middle East
Lufthansa, the German airline will offer premium economy service in its route in the Middle East. It will start on October 25. The airline plans to roll it out in all intercontinental destinations by this month.
Oct 12, 2015 2:19 AM EDT
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