Archives


Latest News


Russia's military campaign in Syria propels oil prices

Russian president's military activity against Syria slightly raised the price of oil in the world market. According to some this is what he really wants and the bombing campaign in Syria is intended for the west-backed rebels seen as a threat to the Russian ally regime and Syrian President Bashar al- Assad.

Oct 16, 2015 5:58 AM EDT


Stock market volatility forces Albertsons to delay IPO

Just a couple of hours after CNBC released Albertsons Companies' intent of rescheduling their IPO due to market volatility, the news website has now made another recent update detailing Albertsons' plans on conducting their IPO before Thanksgiving.

Oct 16, 2015 1:55 AM EDT


Apple disabled News app in China

Apple is blocking its own News app to comply with Beijing's censorship regulations as required by the Chinese government. Apple and other companies must create their own censorship system to remove irrelevant articles from their feeds otherwise they cannot operate in the country.

Oct 16, 2015 1:31 AM EDT


Brookfield's $6.5-bn Asciano bid in regulatory fiasco

The $6.5-bn acquisition offer to Asciano Ltd by Brookfield Infrastructure Partners is landed in trouble as the Australian regulator seeks an extensive review following the concern raised by the country's competition watchdog. It postponed its decision till 17 December.

Oct 16, 2015 1:26 AM EDT


Square Files for IPO despite of $77.6 million loss

Square Inc. had filed for an IPO on Wednesday and the company is expected to be listed on NYSE soon. The company is currenlty valued at $6 billion by analysts.

Oct 16, 2015 1:21 AM EDT


Anheuser-Busch InBev's takeover of SABMiller to realign global beer industry

Anheuser-Busch InBev's plan to acquire SABMiller Plc is expected to change the business dynamics in the global beer industry. This titanic takeover is considered to be the largest one this year and fourth largest takeover in the corporate history. Anheuser-Busch InBev is acquiring SABMiller for $104.2 billion. The deal is awaiting regulatory approvals.

Oct 15, 2015 10:56 PM EDT


First Data Corp. Raises $2.56 Billion in Initial Public Offering

First Data Corp. managed to raise $2.56 billion worth of shares, but is still lower than the expected at $16 a share.

Oct 15, 2015 10:53 PM EDT


AltaGas LNG export plans on hold over import tax dispute

AltaGas Ltd has put its investment plan of C$600 million ($464mn) on hold over an ongoing dispute over tax on imported equipment. AltaGas has drawn a plan to export liquified natural gas (LNG), but couldn't take it forward as it's involved over a tax dispute with government. AltaGas expects a positive decision from government next month.

Oct 15, 2015 10:33 PM EDT


KickStarter bans laser-powered razor campaign for lack of working prototype

Kickstarter has just banned Skarp's fundraising campaign for its failure to provide evidence of a working prototype. Skarp has since moved its campaign to IndieGogo.

Oct 15, 2015 10:28 PM EDT


Qatar vs Etihad Airways: Which has the best Business class?

Qatar and Etihad Airways are one of the leading airlines in the Middle East. When it comes to their Business class, the two airways had been showcasing their best services.

Oct 15, 2015 8:57 AM EDT


Singapore Airline Launch A350-900 Ultra-Long Range For Nonstop Flight to US

Singapore's flag carrier added A350-900 Ultra-Long Range on their existing firm orders for 63 A350-900s. The new aircraft will be used for the Singapore to US route since it has the capability to fly 19 hours flight.

Oct 15, 2015 8:53 AM EDT


National Geographic's Andrew Coleman in his Memorable Wildlife-Viewing Experience in Borneo

Borneo is the home of a great number of wildlife species. Andrew Coleman, the vice president of Digital at the National Geographic Travel and an avid photographer explores Borneo wildlife and documented his unforgettable encounters with the different endemic species.

Oct 15, 2015 8:49 AM EDT