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Swiss Re to buy Guardian Financial Services for $2.45B

Swiss Re's Admin Re is buying the UK-based Guardian Financial Services for $2.45billion. The acquisition deal is expected to be complete by early next year. Admin Re will get 900,000 annuity and over four million policies in the UK after the acquisition.

Sep 24, 2015 2:16 AM EDT


Everything that you needed to know about iPhone 6S Plus

Apple iPhone 6S and 6S Plus reviews are out and most are very impressed with it s outrageous advancements, especially its 3D Touch and High quality photos.

Sep 24, 2015 2:15 AM EDT


Volkswagen scandal is gaining steam

Volkswagen Group is the biggest car manufacturer in Germany with three brand under its management including Audi, Porsche and Lamborghini. The latest scandal might be costly for the company but its effect will not be everlasting.

Sep 24, 2015 2:11 AM EDT


Apple’s API for ad blockers is a threat to Google and web publishers

Apple had made it easy for developers to create ad blockers. Reports say this is a threat to Google and web publishers.

Sep 24, 2015 2:03 AM EDT


Microsoft makes Office 2016 available worldwide

Microsoft has begun global release of its Office 2016 apps. The new suite, which includes Word, Excel, and PowerPoint, is available for download on the company's subscription service, Office 365. It is also available as one-time purchase for PC's, Macs, and mobile devices.

Sep 24, 2015 1:51 AM EDT


China's manufacturing PMI at 78-month low

The preliminary Caixin China manufacturing purchasing managers' index (PMI) dropped to 47 for September indicating further alarming situation in the factory output. The PMI was 47.3 in August. Any level below 50 indicates deceleration in the economy activity.

Sep 23, 2015 10:26 PM EDT


Indian rupee slips in 3 sessions

The rising demand for US dollars and renewed concerns about Chinese economy have impacted Indian currency Rupee in the forex market. The Rupee continued to skid against the US dollar for the three sessions in a row.

Sep 23, 2015 10:24 PM EDT


China joins US in fight against cyber crime

President Xi Jinping said in his closing speech in Seattle that China is ready to set up a joint force to combat cyber crimes. He gave this assurance to tech company executives attending a closed-door meeting.

Sep 23, 2015 10:21 PM EDT


Rising home values boost American household wealth

American equity recovered from the slump of the 2009 recession. Adding to the sale of homes, couples working extend the family's purchasing power.

Sep 23, 2015 9:12 AM EDT


EU's proposal on refugee quota evokes mixed reaction

Airming to resolve the refugee crisis for European nations, EU has prepared a proposal with quota sharing on 120,000 immigrants among 28 members. Germany and other major nations supported the proposal, while some countries voted against it. However, EU has stated that it'll go ahead with the proposal.

Sep 23, 2015 9:03 AM EDT


Mark's younger sister, Arielle Zuckerberg will join Kleiner Perkins as an associate partner

Kleiner Perkins Caufield & Byer recruits Arielle Zuckerberg as an associate partner. Mark Zuckerberg's younger sister will start on October 19.

Sep 23, 2015 8:36 AM EDT


China's president starts his first official US visit

Xi Jinping and his wife are visiting the US for a week as the country is trying to strengthen its relationship with the US. During this visit, Xi Jinping will also meet Obama as the two leaders will discuss military policy.

Sep 23, 2015 8:25 AM EDT


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