Evergrande Bought 50% of Great Eastern Life Assurance for Share 3.9 billion yuan to diversify into insurance
China’s Evergrande Real Estate Group Ltd., bought 50 percent share from Great Eastern Life Assurance Co for 3.9 billion yuan, or $610 million, to diversify into insurance.
Nov 25, 2015 1:42 AM EST
Audi admits Volkswagen Installed Defeat Device in 85,000 more cars
Audi admitted to the Environmental Protection Agency (EPA) that there are 85,000 more Volkswagen cars with illegal defeat devices to cheat emissions results.
Alberta limits Oil-Sands Emissions to curb pollution
Alberta will limit oil-sands emissions, discontinue coal power plants, and create an economy-wide carbon price to reduce pollution in the province.
Jack Dorsey, retail investors win, while underwriters lose in Square IPO
The IPO from Square has set a new record by receiving an overwhelming response on its listing day. the stock rose 45% giving more cheers to investors. Forbes has done some assessment on who are the winners and losers in Square IPO.
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UK allots £1B fund for the eradication of malaria, other infectious diseases
The UK government will be spending £1 billion for the eradication of malaria and other infectious diseases. To fight against these dangerous diseases, the UK government is setting up a £1-billion fund to be spent over the next five years. The UK is working on this ambitious project in partnership with Bill and Melinda Gates.
Nov 24, 2015 10:57 PM EST
Cat Photos Show Solidarity for Citizens in Brussels
Manhunt for Islamic State terrorist suspect is still on going in Brussels. Citizens cooperate with police to stop sharing information about situation, and share cat pictures instead.
Nov 24, 2015 10:00 PM EST
Turkish Airline Flight Forced To Emergency Land After Bomb Threat
A Turkish Airline flight forced to divert and land in Canada after a bomb threat was received. The flight was flying from New York to Istanbul.
Nov 24, 2015 4:53 AM EST
Cadillac plans to launch it's new Compact Crossover by 2018
A new Cadillac Boss Compact Crossover is set to touch base in 2018. Cadillac CEO Johan de Nysschen specified while talking with Automotive News finally week's 2015 Los Angeles Auto Show.
Nov 24, 2015 4:15 AM EST
New York Governor’s Praiseworthy Effort to Stop Terrorism through ‘See Something, Send Something’ App
Have you ever imagined combating terrorism by using a mobile app? Now, you don’t need to wait and search for the right person to send the SOS or think whom to call. Go through, Gov. Andrew Cuomo’s promotional campaign to know more.
Nov 24, 2015 4:03 AM EST
New Macy's app assist the customers to shop conveniently through their mobile phones
New retailer's app launched aims to assist the customers in shopping at Macy's outlets. The app helps the customers to find their favorite products in stores and also get the out-of-stock products to be delivered to their homes. The new app is to compete online retailers.
Nov 24, 2015 3:49 AM EST
Samsung now supports Chase Banks and SunTrust
Samsung announces that its mobile payment system Samsung Pay is now supporting debit and credit cards from Chase Bank and also SunTrust. The new announcement means that the company is slowly reaching its goal to have total support from all major banks.
Nov 24, 2015 3:45 AM EST
Walmart to begin Cyber Monday sales drive
As part of boosting sales volume, Walmart has announced Cyber Monday beginning early from 8pm on Sunday. Walmart has also organizing Cyber Week during 28 November-4 December. The US retail major is offering discounts and free shipping to shoppers.
Nov 24, 2015 3:44 AM EST
Asian stocks tumble as commodity fall continues on thin volumes
Asian stocks tumble as commodity stocks slipped into pressure while consumer stocks gained momentum. The positive expectations about US interest rate hike is pushing Wall Street upwards.
Nov 24, 2015 3:43 AM EST
Apple Pay soon to enter China's grounds by February
Apple Pay is reportedly launching in China by February following a launch in US and other countries last year. However, previously Apple Pay faced many disagreements to the deal, especially by UnionPay. The disagreement was mainly due to the comparatively high transaction fee.
Nov 24, 2015 3:38 AM EST
Billionaire Liu Yiqian Buys $170 Million Painting: 'Reclining Nude' allows him to fly first class for free
A $170 million purchase for Modigliani painting can provide Chinese billionaire Liu Yiqian free flying anywhere in the world in first class with his whole family, as he uses his AmEx card for the purchase.
Nov 24, 2015 3:36 AM EST
Europe recession looks enduring, warns think tank
The latest IPPR report cautions that the worst effects of European recession risk could be permanent. The report suggested Europe to focus on enhancing skill set and continuous training activity for workers.
Nov 24, 2015 3:13 AM EST
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