Colombia Claim Spanish Treasure Ship Sunk in 1708
San Jose, the jewel of Spanish crown sunk in 1708 in Colombia coast. After years of claim with American group, Colombia recently announced that it has found the shipwreck last month.
Dec 28, 2015 10:24 PM EST
Russia Says Saudi Arabia Destabilized Oil Market
Continuous plunge of oil price has created an unrest in oil production countries. Russia says the act of Saudi Arabia in increasing its production to flood the market is the main cause of oil price turmoil.
Texas Cuts Funding for F1 Racing, But FIA Wants More Race in U.S.
Texas governor cut the funding to Formula One race in its state. On the other hand, the Formula One governing body wishes to have more race in U.S.
Sportswear Stores Struggle in Race to Reach Consumers
Due to the increased sales of online retailers, independent sportswear companies are already suffering. But their major fear is competing with the large vendors like Nike. It gets tough for the small retailers to change their orders with every change in fashion taste as the ordering cost is high, but large vendors can easily afford it.
Latest News
Wrong Direction: Malaysian Airlines flight took a detour
Malaysian Airlines flight from Auckland to Kuala Lumpur flew in a slight detour during their christmas day flight. No accident occur during the event as the pilot managed to inform the ground control and stay under the radar all the time.
Dec 28, 2015 9:26 PM EST
Iran exports news halts 3-week run of price rise for oil
The trouble-hit Iran has reiterated that it'll take the exports to the pre-sanctions level after the sanctions are lifted. This has curbed the three-week streak of oil price rise. The oil price rose encouraging for the first time since April.
Dec 28, 2015 9:21 PM EST
The world’s first true hoverboard is now available to pre-order for $20 K
Spacecraft company Arca Space announced the world's first true hoverboard, the ArcaBoard. The fan-powered board can lift a person one foot off the ground.
Dec 28, 2015 4:22 AM EST
Afghanistan is Still The World's Largest Opium and Heroin Producer
Afghanistan is still the largest producer of opium in the world. Area where Taliban has a strong presence has been the main supplier for the world's opium.
Dec 28, 2015 4:14 AM EST
China passes new controversial anti-terrorism law
China’s legislature passed a controversial new anti-terrorism law that allow the government to request for sensitive information from technology firms. Among the information that could be requested includes encryption keys for individual data.
Dec 28, 2015 4:03 AM EST
Chipotle in Boston Reopen After Norovirus Outbreak
After a norovirus outbreak in its Beacon Street's restaurant in Boston earlier this month, Chipotle reopens the restaurant.
Dec 28, 2015 3:40 AM EST
Regulators penalized BMW $40M for slow mini car recall
U.S. safety regulators have fined BMW with up to $40 million for failing to conduct prompt recalls notification. The company signed a consent order which clarifies that if it failed to comply or broke other safety regulations, it will be fined with additional $20 million. However, the company did not respond to requests for interviews.
Dec 27, 2015 4:10 AM EST
Ways to produce money in college with no job
It is tough for a college student to manage studies and regular job at the same time. However, some ways like selling unwanted stuff and doing online writing can make you earn money fast. There are multiple other ways through which a college student can earn money with no job.
Dec 27, 2015 4:06 AM EST
Mexico's Pemex to slash down jobs in 2016
Mexico state-run oil major Petroleos Mexicanos (Pemex) may reduce jobs in 2016 as part of its restructuring plan. The company is keen on making partnerships along the production chain. Pemex may tap private capital for funding the business strengthening operations.
Dec 26, 2015 8:19 PM EST
JPMorgan alerts Japan Inc to brace up for ¥100/USD
The latest forecast form JPMorgan Chase & Co has alerted the Japanese industry to be ready for the rising Yen to ¥100/USD in 2016 from the current 121. However, it also said that the surge in currency value may not harm drastically. Contrary to this, another survey carried out by Nikkei Research for Reuters indicated yen would fall to 130 per dollar.
Dec 26, 2015 8:17 PM EST
Westinghouse is nearing a nuclear deal with India
Westinghouse Electric Co. expects to reach a deal with India by the end of next year to provide at least six nuclear reactors. The company is expected to build around 60 new nuclear reactors in the country.
Dec 26, 2015 8:11 PM EST
Starbucks upbeat on record gift card sales on Christmas Eve
American coffee chain Starbucks is bullish on gift card sales this Christmas Eve. It sold 2.5 million gift cards last year. Starbucks has associated with Swarovski for selling $200 gift cards including $50 worth coffee that have been encrusted with crystals.
Dec 26, 2015 8:08 PM EST