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.
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.
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.
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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
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.
Oct 14, 2015 9:02 PM EDT
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.
Oct 14, 2015 8:55 PM EDT
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.
Oct 14, 2015 7:45 AM EDT
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
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