$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.
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.
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.
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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
Where do Americans spend their savings on gas?
Cheap gas benefits American consumers enabling them to spend more than they have to. Come holiday seasons, pockets and wallets are no longer bulging because money was already spent and was not saved.
Oct 11, 2015 8:57 PM EDT
China Resources to offload stake in Wal-Mart China for $525mn
China Resources is offloading its stake in Wal-Mart China operations. Wal-Mart has 21 stores across China. The 35 percent stake sale value is pegged at $525mn. Wal-Mart says the minority stake selling doesn't impact its operations in China.
Oct 11, 2015 8:55 PM EDT
American Airlines Flight Crew Shared their Memorable Moments with Pope Francis and their Preparations before the Pontiff's Arrival
The Crew of the American Airlines have shared their up close moments with the Pope Francis during his visit in US. For the celebrating the arrival of the Pope, the American flag carrier made a video documenting their preparations before the arrival and the Pope's arrival in several destinations.
Oct 10, 2015 12:05 AM EDT
Volkswagen recall starts in January 2016
Due to the emission scandal, VW is forced to recall its 11 million cars that would start January next year and will be completed at the end of the same year. VW CEO said that some cars need can be fixed by software adjustment or mechanical alterations.
Oct 09, 2015 3:22 AM EDT
Norwegian Airline CEO sees $69 airfare for one way US-Europe trip
Airfare from Europe to the US can be as low as $69 on one way by 2017, predicts CEO of Norwegian Airline. Flying to the US airports that have low fees can bring down costs considerably as business airports charge higher fees.
Oct 08, 2015 9:41 PM EDT
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