China's Tongwei Group to Build World's Largest Solar-Cell Plant costing $1 billion, producing 5 GW a year
Tongwei group Co. is planning to build the biggest solar power plant located in the southern province of Sichuan, China, which will cost $1 billion and can produce up to 5 gigawatts of solar cells every year.
Nov 19, 2015 8:52 PM EST
David, Victoria Beckham buying country's most expensive home for $57mn
The most popular couple David and Victoria Beckham are reportedly buying an estate home for $57 million. The estate is located in The Cotswolds in south central England and considered to be most expensive estate house in the country. The estate house was built in 1865 and is categorized as cultural heritage as it falls under Grade-II listed building.
Barclays Fined for the second time this year for rigging foreign financial markets
The New York Department of Financial Services has fined Barclays for how the bank operates its questionable electronic currency trading.
LCD Screen Patent Appeal was Rejected in U.S. Supreme Court
U.S. Supreme Court rejected appeal from Innolux and other manufacturers' regarding LCD screen patent. This will make ruling by the U.S. Court of Appeals for the Federal Circuit in March 2015 remains in effect.
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3DR and AirMap Provide More Airspace Safety with Drone No-Fly-Zone
3D Robotics, a drone manufacturer is working closely with AirMap to brings real-time mapping of no-fly zones to its Solo drone app. It will help regulate drones to restrict them flying in no-fly-zone area.
Nov 19, 2015 7:18 AM EST
China's 170 Megawatts of Solar Power to be built by SunPower
SunPower Corp will build new three power plants in China in co-operation with Tianjin Zhonghuan Semiconductor Co. and other partner. As government plan to free monopoly in electricity.
Nov 19, 2015 7:07 AM EST
Pfizer has been shifting profits overseas longer than most think
Pfizer's plan to acquire Allergen is getting much criticisms since it would mean the giant drug company's headquarters and taxable profits to Ireland.
Nov 19, 2015 6:52 AM EST
McDonald's in former Taiwanese leader's house in China Gained Controversy
McDonald's opened a McCafe franchise in the historic house of former Taiwanese leader Chiang Ching-kuo in Hangzhou, China that sparked controversy.
Nov 19, 2015 6:42 AM EST
Hired Gun-Hacking Played Important Part In JP Morgan, Fidelity Breaches
U.S prosecutors this week charged two Israelis and an American fugitive with raking hundreds of millions of dollars.
Nov 19, 2015 6:29 AM EST
Chevy Camaro named Motor Trend Magazine's Car of the Year
The Chevy Camaro is named as the Car of The Year, while the Chevy Colorado gets the Truck of the Year honors given by Motor Trend Magazine.
Nov 19, 2015 5:31 AM EST
Russia comes up with new strategies to stabilize crude output for the next two decades
Russia plans to stabilize its crude output by squeezing all the oil it can get from Soviet-era discoveries as sanctions and declining prices delay exploration projects.
Nov 19, 2015 4:30 AM EST
Indian Rupee dropped after Boost in Consumer Prices
India's rupee dropped 9 paise to 66.12 against US dollar Wednesday after reports of boost in consumer prices and the looming December fed rate hike.
Nov 19, 2015 4:21 AM EST
Fiat reintroduces the Spider Roadster to attract more customers
Fiat Chrysler Automobiles NV will reveal the new 2017 Fiat 124 Spider Wednesday at the Los Angeles Auto Show to increase sales.
Nov 19, 2015 4:11 AM EST
South African Inflation Rose to 4.7% in October
South African inflation in October rose to 4.7%, in line with the forecast. South Africa, the Africa's most developed country faces an increase in inflation rate to 4.
Nov 19, 2015 3:57 AM EST
Audi, Somerville working on infra supporting self-parking cars in 'two to three years'
Audi is working with Somerville, Massachusetts to develop an infrastructure with a technology that could support self-parking cars.
Nov 19, 2015 2:56 AM EST
Salesforce Q3 profit beats forecast
Salesforce has adjusted its third quarter profit that surpassed forecasts. Encouraed wtih improving operating margins, the cloud-based software maker has increased its forecast for the year ending January 2016. The increasing demand for cloud software is enhancing company's financial performance.
Nov 19, 2015 2:53 AM EST