China Announces No Tough Rules For Foreign Bank Card Firms
China will not impose tough licensing restrictions on overseas bank card providers. China will not impose tough licensing restrictions on overseas bank card providers looking to enter the country's $7 Trillion card payment market, a senior central bank official claimed on Tuesday.
Nov 12, 2015 2:32 AM EST
Pentagon awards Lockheed $969 million contract to build 17 C-130J aircraft
Lockheed Martin Corp. was awarded a $969 million contract from Pentagon to build 17 C-130 J military transport planes to be completed on April 2020.
T-Mobile is offering free data usage for video streaming
T-Mobile now offers a new option that lets users stream videos on their mobile devices without using much of their data plans allotment.
Cuomo increases Basic Minimum Wage for NY State Workers to $15 an hour
Governor Andrew M. Cuomo announced Tuesday that he would unilaterally increase minimum wage to $15 for all state workers in New York, making it the first state to have pay levels this high.
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Goldman Sachs sells 1.3 million Valeant Asset instead of allowing CEO to add collateral
Instead of adding more collateral, Goldman Sachs sold 1.3 million worth of shares from Valeant CEO Michael Pearson's share of the company on Thursday in line with his $100 loan.
Nov 12, 2015 2:18 AM EST
Cadillac launches again its XT5 Luxury SUV, this time in a Dubai public school fashion show
General Motors unveiled its new luxury 2017 XT5 SUV again in a public school fashion show in Dubai. General Motors unveiled its new Luxury 2017 XT5 SUV again.
Nov 12, 2015 2:08 AM EST
Mitsubishi Jet Successful Flight Marks New Era of Japanese Aircraft Industry
Japanese aircraft is now ready to enter airspace, after a successful maiden flight of Mitsubishi Regional Jet (MRJ) on Wednesday. MRJ is short to medium range jet aircraft produced by Mitsubishi Aircraft Corporation.
Nov 12, 2015 1:55 AM EST
Dollar rally is back on support of interest-swap rates
The US dollar turned bullish now. The greenback is trading at six-month high against Euro. The two-year dollar interest rate swaps surpassed shared currency area. Higher US interest rate swaps over European rates indicate strongest possibility of interest rate hike by US Federal Reserve.
Nov 12, 2015 1:45 AM EST
How Lenovo Rebranded and Modernize Its Image as Global Brand
Lenovo has successfully rebranded and modernize its image as global brand. Since its acquired IBM personal computer business in 2005, Lenovo expanded and now become the number one PC maker and third largest in smartphone
Nov 12, 2015 1:42 AM EST
Google's Machine Learning Software: TensorFlow, Goes Open Source
Artificial Intelligence seems to be getting hotter and trendy in Silicon Valley. Every tech and internet giant from Facebook, Apple and Google is working hard over this technology.
Nov 12, 2015 1:19 AM EST
Alibaba shadowed Black Friday and Cyber Monday with $9.3 billion in the first 90 minutes
Alibaba is proving to cross the peak limit of sales generated by Black Friday and Cyber money with $9.3 billion in the first 90 minutes. The amount, both of the US online holidays generated combined. This year, the Alibaba’s expected reach is $13.7 billion, which is big boost to China’s plunged economy.
Nov 12, 2015 1:13 AM EST
New version of Google Maps gets offline navigations
A new version of Google Maps allows users to download maps on the specific areas so they can get directions even without Internet connectivity. The new version is only available for Android and soon to be available for iOS.
Nov 12, 2015 12:48 AM EST
Playboy rolls-out new E-Commerce site to reach millenial shoppers
Playboy announced a new eCommerce site called Playboyshop.com to expand its operations and hopefully penetrate the millenials market.
Nov 11, 2015 11:44 PM EST
“The Sweet Josephine” pink diamond sold for $28.55 million at Geneva auction
A rare pink diamond was sold for $28.55 million at Christie's jewellery Geneva auction to a Chinese buyer. The price is higher than estimation of $23 million to $28 million.
Nov 11, 2015 10:46 PM EST
Molson Coors to buy SABMiller's stake in Miller Coors
Molson Coors Brewing Co is nearing the closure of buying shares of SABMiller in Miller Coors for $12 billion. The stake sale is very much needed for getting regulatory approval for $106-billion SABMiller and Anheuser-Busch InBev NV merger plan.
Nov 11, 2015 10:38 PM EST
Travel Must-Have Tips: Getting a free entry Visa and tour to Doha, Qatar
One of the perks of traveling to Qatar is some of the interesting layovers. Often times, an airline also picks up the tab on the travelers' entry visa and the tour to Doha.
Nov 11, 2015 8:26 PM EST
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