Result Page 254 for Archives

LG lines up new mobile devices to push sales volume

After witnessing flat sales in mobile devices in the second quarter, LG Electronics has decided to launch a series of new smartphones from low end to mid-range to high-end segments. By launching new mobiles continuously, LG hopes to improve sales performance.

Oct 02, 2015 4:46 AM EDT

News

FAA is worried over 1 million drones to be sold this Christmas

Around 1 million drones are expected by the FAA to be sold this holiday season. The authorities fear it could have been misused.

News

Lack of clarity over US data put pressure on Asian stocks

The uncertainty over US data and timing of interest rate hike put further pressure on Asian stocks. Investors are looking to US jobs data to be announced on Friday for positive triggers that can boost the markets.

News

Wall Street suffers worst quarter since 2011

The third quarter ending September recorded worst performance on Wall Steet since 2011 as Dow Jones and other indices fell over 10 percent. Market analysts say that it was a much-needed correction for the US stocks after continuously rose for 1,326 days.

Samsung Gear S2 smartwatch will be available soon

Samsung will released its latest smartwatch the Gear S2 in October 2nd. The new smartwatch comes with a clever design that helps users to choose apps on the screen in a more efficient way.

Oct 02, 2015 2:02 AM EDT

SoftBank invests $1bn in US fintech startup SoFi

the US startup SoFi has received a $1bn funding support from SoftBank GroupCorp. The online provider of financial services SoFi is planning expand its product offerings. It offers student refinance, mortgage, etc.

Oct 01, 2015 10:26 PM EDT

Glencore to complete 2 deals to slash down debt

commodities trader and miner Glencore has assured its investors that it's well on track to reduce debt by $10bn. The company is planning to sell some stake in agricutural land and forge an agreement on selling by-products. These two deals are expected to be comple by end of this year or early next year. Barclays' analysts forecast that there may not be downgrade of credit rating for Glencore. However, investors are concerned about future peformance of Glencore and as a results, stock price is plummeting.

Oct 01, 2015 10:06 PM EDT

Latest Mac OS, The El Capitan is here

Apple released an upgrade for its OS, the El Capitan as their latest OS X flagship which is considered as the best operating system by the company. There is some notable feature in the latest OS and users can download it from the app store for free.

Oct 01, 2015 9:59 PM EDT

Rising China spoiling party between the US and Japan

The 70th founding celebrations of US held in New York clearly demonstrated the rising power China in the global matters and diminishing importance of Japan. Shinzo Abe, Japan President, couldn't meet Barack Obama, President of the US, and this raised many eyebrows. The US media also highlighted the Xi Jinpings schedule, while it didn't bother about the speeches and presentations made by Abe.

Oct 01, 2015 9:54 PM EDT

Twitter plans to revamp its 140-character limit

Twitter is planning to take off its character limit to attract more users. Some reports say Twitter might create a separate app for longer posts.

Oct 01, 2015 9:46 PM EDT

Aussie friends can now locate their mates using Facebook's Nearby Friends

It's time for Aussie Facebook users to shine as the popular platform brings them Nearby Friends feature. It allows users to locate the position of their nearby friends by creating a map with the exact location if one prefers and vice versa.

Oct 01, 2015 9:41 PM EDT

$57 million loan to fund the Renatosu Soma Solar Park

A solar farm will soon rise in Fukushima Prefecture in Soma City, Japan and will be funded by lenders and banks including Sendai-based 77 Bank and Mitsubishi UFJ. This a commitment reaffirmed by 77 Bank to invest in renewable energy aside from reconstructing and developing the economy.

Oct 01, 2015 9:40 AM EDT

US freezes assets of Islamic State supporters

The United States freezes the assets of Islamic State supporters to restrict their activities and stem the group's growing influence. Drawn upon CIA intelligence and information supplied by other countries, the sanctions are imposed on individuals and groups in the Middle East, Europe, and Asia.

Oct 01, 2015 9:20 AM EDT

Apple launches Apple Music to Chinese consumers

Apple finally unveiled Apple Music, iTunes, Movies and iBooks in China. Apple Music comes with three-month trial period, after which will be accessible for 10RMB a month.

Oct 01, 2015 9:10 AM EDT

Aviation deal on US-Cuba air service likely this year

After decades of gap, the airlink between the US and Cuba is poised for restoration very soon. The officials from both the nations recently concluded their meeting and have decided to hold the discussions again before the end of this year. The US government has already framed new rules enabling American airlines to fly to the Cuba. At present, only chartered flights are operational.

Oct 01, 2015 9:01 AM EDT

Lockheed-Boeing venture ULA bags $882-mn contract

United Launch Alliance (ULA) has bagged a contract worth $882million for launching satellites for the US Air Force with Delta IV and Atlas V rockets. ULA is a joint venture between Lockheed Martin Corp and Boeing Co, The contract is effective from 1 October. ULA is launching its 100th rocket this week.

Oct 01, 2015 8:51 AM EDT