Result Page 270 for Archives

Glencore Billionaire Willing To Pay $210 Million Bill To Help Company's Balance Sheet

Glencore’s Chief Executive Officer Ivan Glasenberg is on the hook to pay $210 million of the company’s impending doomsday sale of $2.5 billion to bolster its balance sheet.

Sep 11, 2015 5:41 AM EDT

Markets

S&P Downgrades Brazil's Credit Rating Straight Down to Junk Territory

S&P junks Brazil’s investment-grade credit Wednesday as the nation faces recession that is seen to last until 2017, as well as political strife.

Twitter partners with giant Indonesian carrier Indosat on #TwitBuy

Twitter lets 68 million Indonesians use its direct messaging feature by partnering with giant carrier Indosat.

Apple launches upgrades, including first ever Apple Pencil; Looks great but impractical, says professional designers

Apple launches a series of hardware upgrades Wednesday, but the most notable one is its first Apple Pencil, which has been getting a few unlikeable reactions from professional designers and creatives.

Oil price decline makes gasoline less expensive

Enjoy the savings while it last. This is what the Americans are doing right now, as they took advantage of the cheap gasoline price and have their engine tanks full.

Sep 11, 2015 4:48 AM EDT

Eravacycline test failure plunges Tetraphase shares

It is a disappointing share decline for Tetraphase Pharmaceuticals Inc. when its manufactured drug, eravacycline failed to proved its efficiency to cure bacteria called superbugs. It may be better than Merck's ertapenem but not with Johnson & Johnson's levofloxacin.

Sep 11, 2015 4:45 AM EDT

Jeb Bush promises 4% growth in US economy

Jeb Bush, former governor of Florida, has promised 4% growth in the economy for the world's largest country.

Sep 11, 2015 4:43 AM EDT

Broadcast Music Inc. Earned Industry-Breaking $1B Revenue, $877 Million of Which Went to Affiliates

Broadcast Music Inc (BMI) announced Tuesday that it surpassed the $1 billion revenue mark, generating $1.013 billion over the fiscal year, which is the biggest in the industry.

Sep 11, 2015 3:32 AM EDT

Buffett Dumps Exxon, Buys Refiner Phillips Stake Due to Falling Oil Prices

Warren Buffett sold Exxon Mobil Corp. shares and bought refiner Phillips 66 stake due to plummeting oil prices.

Sep 11, 2015 3:22 AM EDT

Wall Street turns to bitcoin technology as Nasdaq invests in Chain.com

Nasdaq, Citi, Visa and other companies invested $30 million in Chain.com, a Blockchain startup engaged in the virtual currency, Bitcoin. The investment made by Nasdaq is considered to be Wall Street's inclination towards bitcoin technology.

Sep 11, 2015 2:52 AM EDT

Exports, funds inflow pulled up Ireland's GDP

Supported by exports and capital investments, Ireland's GDP grew 1.9% during the second quarter and 6.7% on annualized basis. The Irish economy is among the fastest-growing European nations for the continuous second year. Ireland is also accepting refugees adn taking necessary measures to support them.

Sep 11, 2015 2:43 AM EDT

Immigrants beneficial to Germany in the long run

Germany sees a long-term benefit in accepting immigrants now. Germany is suffering from rapidly ageing population and low birth rate.

Sep 11, 2015 2:40 AM EDT

Beauty products are the next big thing in Korean export

While every country is struggling with their economy, Korea has found a new way to increase its growth. Through K-pop, Korean cosmetics will be one of the beauty products that every consumers will now use from different countries and in the coming future.

Sep 11, 2015 2:12 AM EDT