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China's economy posts weakest growth in six years

China posts its slowest growth since the financial crisis, fueling speculations of further government intervention. The world's second-biggest economy posted GDP growth of 6.9% in the third quarter, its weakest in more than six years.

Oct 21, 2015 8:36 AM EDT

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Sony agreed to pay $8M settlement to its employees

Sony agreed to pay a settlement worth $8 million to its employee for the data breach lawsuits filed by them. In the settlement, involved employees will get a payment worth aroun $10,000 per person from Sony.

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Irish High Court to investigate Facebook's transfer of European users' data to the U.S.

The Irish Data Protection Commission will hold an investigation on Facebook. This is due to the claim filed by an Austrian law student regarding Edward Snowden's revelation that internet companies are compelled to send user's personal data in the U.S. intelligence.

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Cash-strapped Greece raising prices of tickets for tourist spots

Greece's financial woes are affecting not only locals, but also foreign tourists. The government is set to increase admission fees of tourist spots to offset austerity measures it has agreed upon with international creditors.

5 Amazing Business Travel Tips For Long Business Trips

The success of long business travel depends on your successful planning and preparation before your intended flight.

Oct 21, 2015 7:27 AM EDT

Uber and BMW partners up to launch the new 7 Series

The BMW 7 has teamed up with Uber Technologies Inc for only one day on October 19, to promote the all-new 2016 BMW 7 Series. Uber users in selected cities in the US were able to get complimentary rides in BMW 7, which will be on sale October 24.

Oct 21, 2015 5:23 AM EDT

Chinese President Xi Jinping visits Britain

Chinese President Xi Jinping starts his official four-day visit to Britain today and was welcomed by the Queen herself. Xi Jinping is expected to sign few agreement that will increase both countries relation.

Oct 21, 2015 3:45 AM EDT

Three decades of classic gaming: The Nintendo Entertainment System turns 30

The Nintendo Entertainment System celebrated its 30th anniversary. Hard to believe that the Super Mario Bros's maker has been already 30 years providing us with entertainment as we still seek out its most memorable releases and goods even in 2015.

Oct 21, 2015 3:30 AM EDT

United Tech third quarter profit falls

United Technologies Corp profit falls to $1.36 billion in the third quarter as sales from its product decreases due to wild currency swing. The company also announces shares buyback to increase its intrinsic value causing the share price to rally.

Oct 21, 2015 12:44 AM EDT

Opinion among Federal Reserve Policymakers on U.S. rate hike isn't as divided as it seems

There are opposing views on the interest rate hikes among Fed officials, but there are others who believe that this division aren’t truly as they seem, since they all operate under the same procedure when considering rate hikes.

Oct 21, 2015 12:20 AM EDT

Teenage hacker cracked CIA director's email, targets Trump and Hillary next

A student hacker revealed he had breached CIA Director John Brennan's AOL email account. According to his Tweeter post, his next prospect are presidential candidates, Donald Trump and Hillary Clinton.

Oct 20, 2015 9:24 PM EDT

Blackstone to acquire Manhattan's Stuyvesant Town for $5.3 Billion

Blackstone Group LP is nearing a deal to acquire the Manhattan's Stuyvesant Town for $5.3 billion and ending the housing crisis there. The company is set to sign a deal with the Mayor, Bill de Blasio and CWCapital this Tuesday

Oct 20, 2015 9:19 PM EDT

Uber-like startup, Yidao Yongche receives $700M of investment

Yidao Yongche announces that the company had received $700 million in investment from LeTV. The investment is putting the company valuation to $1 billion.

Oct 20, 2015 9:11 PM EDT

Alibaba does not want to be listed under "Notorious Market" list for this year

Alibaba representatives have been working hard to lobby the US Trade Representative not to include both Alibaba.com and Taobao in the agency's list for this year. The list contains all websites and store selling pirated goods is expected to be released by November this year.

Oct 20, 2015 8:59 PM EDT

U.S. DoT to enforce registry for drone owners in December

The Obama administration has created a task force to regulate the commercial flying of drones in America. Department of Transportation is targeting to implement it by Christmas this year.

Oct 20, 2015 9:20 AM EDT

Yearender U.S. holiday sales forecast, 2.8% increase

This coming holiday season, holiday sales will have a decent increase giving consumers more spending power. With the huge savings they got from the decline in oil and gas prices, they will surely enjoy shopping.

Oct 20, 2015 9:16 AM EDT