Result Page 157 for Archives

Lower fuel costs propel airline profits high

The year-long price weakness in oil is helping airlines post record level profits. During the last nine months of 2015, the US aviation industry recorded over 60 percent growth in profits. Fuel account for 30 percent of operating expenses of airlines. The drop in oil price is boosting operating profits. Airlines are also passing the oil price drop benefit to passengers as they slashed airfares.

Dec 17, 2015 1:41 AM EST

News

China, Belgium lead foreigners' offloading in US Treasuries

Foreigners offloading in US Treasuries reached its peak in October. China has been selling US debt after devaluing the Yuan. China also offloads through its Belgium third party account. Many other countries are also selling US Treasuries ahead of US Federal Reserve meeting.

News

Handy Smart Wallet EKSTER Secures Belongings & Recharges Mobile Battery

Ekster, the calf leather built smart wallet, introduced by Kickstarter, Phorce appointed marketing agent, is witnessing a huge customer demand due to its unique features which include securing preserved cards through wi-fi, GPS tracking of lost device, super power storage capability as well as recharging to other devices.

World

Google Unveils Designer Smartwatches, Info Personalized Android Wear

Google’s Tuesday’s announcement on bringing new designer watch faces to the Android Wear portfolio in collaboration with nine other crop designers, provides the users an opportunity to imagine smartwatches in more personalized and contextual manner.

Delhi Bans Diesel Car Registration: Bold Step in Tackling Climate Changes

Concerns over rising air pollution and keeping the coffers full- two major issues need to fight for, by the Delhi Government. But since air pollution has reached to its hazardous level, a single path left for Kejriwal government to choose. Suggestions to opt for petrol run car while discouraging diesel run cars, facilitating city dwellers with more transport buses on government’s behalf and ignoring lower price of diesel on citizen’s behalf, may be the effective measures while combating climate change.

Dec 16, 2015 6:15 AM EST

New Zealand May Have a New National Flag

New Zealanders have chosen a design for a new national flag. New Zealand has now chosen a preliminary winner for the new design of its national flag. It took about a year, but the final decision for the first stage in the referendum will be made Tuesday when officials announce the winner between two finalists.

Dec 16, 2015 6:09 AM EST

Microsoft Philanthropies Launched to Improve Access to Technology

Microsoft has formed a new philanthropic arm to improve access to technology to combat some of world's challenging problems. Brad Smith, the software giant's President and Chief Legal Officer announced on Tuesday that the new philanthropic arm, Microsoft Philanthropies will focus on driving greater inclusion, and empowerment of people who do not yet have access to technology and the opportunities it offers.

Dec 16, 2015 6:05 AM EST

Lyft Changes Bonuse Sytem to Prevent Drivers from Cheating

A year ago, Lyft introduced a new way to pay its drivers which offered more money based on the number of hours a driver clocks. But this system was easy to manipulate, forcing the ride-hailing company to rethink its strategy. Now Lyft have decided to distribute bonuses based on number of rides a driver makes instead, which is definitely hard to falsify. So if a driver clocks 100 rides a week, 30 of them during peak hours, she gets the full price of the ride.

Dec 16, 2015 5:54 AM EST

Shazop: A New Addictive Clothing Shopping Website

Shazop is a brand new comparison shopping site, where shoppers can select designers dressers, shoes, and handbags, all from over 60 different retailers such as Neiman Marcus, Saks Fifth Avenue, Shopbop, Nordstrom, and Macy’s - and compare size and prices. Shazop has become the new addictive clothing shopping website and could revolutionize the shopping for high-end fashion store.

Dec 16, 2015 5:47 AM EST

Ping An's Lufax Close to Complete Fundraising valued at $18 Billion

Lufax, a Chinese peer-to-peer lender and broker, is close to completing a round of fundraising valuing the company at about US$18 billion, according to people with knowledge of the matter. The company, which recently changed its name to Lu.com, is raising almost US$1 billion from the sale of a roughly 5 per cent stake, said one of the people, asking not to be identified as the information is private.

Dec 16, 2015 5:45 AM EST

Lesser-known facts about Facebook, Apple and Google

Did you know that if you look at the iPhone photographs in Apple adverts the time is always set to 9:41 A.M. This is the time Steve Jobs unveiled the iPhone. This article will introduce you to such more interesting facts about technology giants, including Facebook, Apple, and Google.

Dec 16, 2015 5:40 AM EST

Crude oil falls below $35 per barrel in NY for first time since 2009

Crude Oil fell below $35 a barrel in New York for the first time since 2009 as Iran reiterated its pledge to boost crude exports, bolstering speculation OPEC members will exacerbate the global oversupply. Futures fell 1.8 percent to $34.99 a barrel in New York, the lowest since Feb. 19, 2009.

Dec 16, 2015 5:29 AM EST

Canada to Legalize Marijuana

Canadian Prime Minister Justin Trudeau is going to devise and implement a system to effectively legalize and regulate marijuana. In a step towards this Trudeau's administration repeated its pledge to legalize marijuana in a speech outlining its agenda as parliament resumes after the 19 October election. The government however will restrict the access to it to prevent misuse.

Dec 16, 2015 5:24 AM EST

Tesla announced to place limits on its Autopilot feature

Tesla feature of semi-autonomous driving in all of its Hong Kong vehicles was disabled in the past. Now, it is also considering limiting its car's Autosteer feature, its automatic lane-keeping technology. However, information regarding the update of the feature will be revealed in upcoming months.

Dec 16, 2015 4:29 AM EST

Asian stocks rise on Wall Street gains

Tracking overnight gains on the US markets, Asian stocks rose on Wednesday. The market is looking to the decision of US Federal Reserve on interest rate. The recovery in oil prices and short covering were the major reasons for the rebound on Asian markets.

Dec 16, 2015 4:00 AM EST

Hong Kong stocks rebound from longest losing streak since 1984

Hong Kong stocks recovered from nine-session losses, the worst phase since July 1984. The market is eagerly waiting for the outcome of the US Fed meeting. The Chinese government has postponed the reduction proposal in retail petrol prices. The fresh rally in energy stocks boosted Hong Kong and China indices.

Dec 16, 2015 3:56 AM EST