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China's economic distress is risk to global economy: IMF and ECB

China's economic turmoil poses great risks to the world's economic growth but they are managing to recover from the troubles with the help from other countries and Fed will not yet increase its interest rates.

Sep 07, 2015 4:54 AM EDT


Craft beer maker BrewDog turns to Crowdcube for GBP25M fund raising

Scottish craft beer maker BrewDog is raising GBP25 million to support its expansion plan. For the first time, BrewDog is using crowdfunding platform Crowdcube. Using the raised funds, BrewDog will open new bars across the UK and also set up a manufacturing facitlity in the US.

Sep 07, 2015 4:53 AM EDT


Origin of Greece's economic failure - who to blame, when did it start, how did it happen

Greece narrowly avoided defaulting on its payment and its prime minister called for a snap election on September 20. These are some of the updates on the Greece economic crisis. But the question is where did this problem originated?

Sep 07, 2015 4:52 AM EDT


Irish fashion brand Primark to launch eight retail stores in the U.S.

Primark, the top fashion brand that started in Dublin, Ireland will venture on the U.S. market opening eight stores in a row. Its first store will be in Burnham Building Boston to be launched on September 10.

Sep 07, 2015 4:51 AM EDT


Housing boom in the horizon as market welcomes potential new buyers

The supply of houses being put up on sale is dwindling, while survey firms see a surge in potential new home buyers. This could lead to another boom in house prices.

Sep 07, 2015 4:51 AM EDT


Slump in Chinese economy brings down manufacturing cost for British fashion labels

The Chinese economic meltdown means lower manufacturing cost for small fashion firms in the UK. The Chinese economic meltdown is not bad news for everybody, as some British fashion companies that use factories in the oriental country will experience lower costs in manufacturing.

Sep 07, 2015 4:25 AM EDT


Bearish divergence: Investors advised not to buy on dips

The formation of Bearish Divergence on technicals charts is indicating further fall in the makrets. Technical analysts caution investors not to take positions on dips as market could fall further. Adverse conditions in the global markets are also dampening the investor confidence.

Sep 07, 2015 3:29 AM EDT


For a timely reservation, Apple Watch introduces the Airbnb app

Apple Watch can now take advantage of the Airbnb app's great features if they wan to book or make reservations on hotels or planning a trip. This amazing app allows regular communication between the host and guest guaranteeing immediate response and timely suggestions.

Sep 07, 2015 3:13 AM EDT


Putin enticed investors to invest in Russia's Far East

A call for investments from local and foreign investors has been rolled out by the Russian President Vladimir Putin in Russia's abundant Far East with a promise of high return on investments.

Sep 07, 2015 3:10 AM EDT


Offshore tax evasion hunt continues as more Swiss banks enter prosecution agreements

Secret accounts are being exposed as the IRS gathers more data from 40,000 sources to hunt down and prosecute tax evaders.

Sep 07, 2015 3:09 AM EDT


Positive outlook on employment increases possibility for Fed to raise rates this September

The drop on unemployment rate and the slight increase in wages can increase the possibility for the Federal Reserve to raise interest rates in September.

Sep 07, 2015 3:04 AM EDT


More Entities Oppose Bank of America Board's Proposal That Turns Moynihan both Chairman and Chief

More and more entities are against the Bank of America board’s proposal that would let Brian Y. Moynihan both the chief executive officer and chairman of the bank.

Sep 07, 2015 3:00 AM EDT


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