Toyota aims to sell 30,000 fuel-cell cars annually by 2020
Toyota is aiming to sell 30,000 of different vehicles by 2020 powered by fuel-cell or hydrogen. This is to lessen the emission of harmful carbon dioxide from the vehicles itself and the production plants including new plants and production lines.
Oct 16, 2015 6:40 AM EDT
Copper production curb possible if less demand continues in China
The demand for copper along with other metals such as zinc and aluminum declined. This scenario prompts mining companies to control the production if necessary to also have contro on the prices.
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.
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.
Latest News
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
American Airline Flight Attendants Booed by their Passengers as they Forced a Woman to Get off the Plane
A woman was ousted at the American Airlines after the flight attendants force her to get off. The reason shew was kick out because she didn't listen to a flight attendant telling her to sit down. The passengers of the airline witnessed the incident thinking the woman was unfairly force out.
Oct 15, 2015 8:45 AM EDT
Netflix blames 'involuntary churns' for dive in profits
Netflix said that the dropped in its subscriber for this quarter is mainly due to the "Involuntary Churns" when banks roll out new credit card for its customers. The company said in a letter to its shareholders after the company recorded a lower than expected revenue for its third quarter earnings.
Oct 15, 2015 8:41 AM EDT