Investcorp buys hedge fund of SSARIS
Bahrain-based Investcorp Bank has bought hedge fund business of the US-based SSARIS Advisors. With the acquisition, Investcorp aims to double its assets under management over next seven years. The Bahrain's bank will also get clients from the US, Asia and European markets.
Nov 10, 2015 2:13 AM EST
Boeing, Tata team up to make Apache fuselages in India
Boeing and Tata group firm forged an alliance by setting up a joint venture (JV) for manufacturing fuselages for AH-64 Apache attack helicopters in India. The growth potential in Indian aviation sector is attracting global majors. The JV will set up center of excellence (CoE) and initially make aero structures for AH-64 helicotpers.
The new accurate way to measure the world’s wealthiest countries
New World Wealth reported the lists of wealthiest countries in the world using its new method which is said to be more accurate than commonly used GDP method.
Recovery in Greek economy likely in 2016; 2.7% GDP growth in 2017
Crisis-hit Greece economy is expected to witness recovery next year and a possible GDP growth rate of 2.7% in 2017, according to the latest report from IMF.
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UK parents want to keep Santa Claus real; hits PayPal's holiday ad
UK Parents launched an attack on a PayPal Xmas ad that suggests that kids already know their gifts come from their parents and that in turn takes away the existence of Santa Claus - and the magic of Christmas.
Nov 10, 2015 12:28 AM EST
Snapchat video reaches 6 billion views a day
Photo messaging app Snapchat said its video views has reached 6 billion counts every day. It will give a strong competition with Facebook with its 8 billion views per day.
Nov 10, 2015 12:17 AM EST
New Mazda MX-5 offers sheer enjoyment of driving
The new 2016 Mazda MX-5 has been raking in plenty of positive reviews. It was also voted by journalists as the star of the show during the current Miami auto show.
Nov 09, 2015 11:07 PM EST
Opera's Max Data-Savings App to be Pre-Installed On14 OEMs
Opera's new data-management app Opera Max will be pre-installed into phones from 14 OEMs to 100 million Android phones by 2017.
Nov 09, 2015 10:58 PM EST
Euro Group Meeting And Agreement To Fund Greece
France wants euro zone finance ministers to reach an agreement on non-performing loans at Greek banks at a meeting in Brussels later this Monday.
Nov 09, 2015 10:46 PM EST
China's imports plunges 12th month in a row
China's import dropped 18.8 percent to $130.8 billion in October for the 12th consecutive time, according to official data revealed Sunday.
Nov 09, 2015 10:36 PM EST
uBeam Reveals Secrets on How Wireless Power Is Possible
uBeam revealed November 7 how their wireless power technology can charge phones without wires, dispelling rumors of inefficiency and being unsafe.
Nov 09, 2015 10:27 PM EST
Google Acquires Photo Video app maker Fly Labs
Google acquired New York City-based he photo and video editing software maker Fly Labs, the company responsible for apps like Flt, Tempo, Crop, and Clips in the iOS App Store.
Nov 09, 2015 8:01 PM EST
Weyerhaeuser's Plum Creek acquisition to create $23 billion timber company
Timber giant Weyerhaeuser Co will buy Plum Creek Timber Co. Inc., for $8.4 billion, creating a $23 billion timber, land and forest firm, the largest the United States.
Nov 09, 2015 7:55 PM EST
Apple Store launched "Shopping category" for convenient e-commerce
Apple store came up with with a separate 'Shopping' section in Apple store, to ease out the online shopping through well-known retailers, which will also help to discover other 'lesser known commerce apps' present in "lifestyle' category previously
Nov 09, 2015 7:15 PM EST
As Toyota Dropped Its Airbags, Takata Shares Plunged
Toyota dropped Takata as its airbag suppliers. The decision made a huge blow to Takata resulting a 25% drop in their share, the lowest in six years.
Nov 09, 2015 7:04 PM EST
Samsung Galaxy Note 5 Performance Reviews
Released in August 2015, Samsung Galaxy Note 5 made a highlight in its class. A phablet with lage screen and latest technology, it stands out according to reviewers
Nov 09, 2015 6:56 PM EST
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