You too can drop everything and travel the world for $40,000
Meet Mark and Britnee Johnston, the couple who saved money, quit their jobs and traveled around the world for one year.
Aug 31, 2015 2:41 AM EDT
Richest man in Asia acquires World Triathlon Brand for $650M
Wang Jianlin buys Ironman brand in a move to diversify its sports portfolio. Wang acquired World Triathlon Corporation from US fund Providence Equity partners. The acquisition totalled $900 million along with Triathlon's debt.
Italian oil explorer Eni discovers 'supergiant' gas field off Egyptian coast
It appears that a supergiant gas field was recently discovered in an Egyptian coast by an Italian oil group called ‘Eni’.
The Internet of Things is worth $7T market opportunity - IDC
Internet of Things (IoT) will be worth over $7-trillion market in next five years, but majority of global corporate companies are yet to make IoT-based business strategies. The latest study reveals that IoT will enhance efficiency significantly.
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U.S. ITC terminates Microsoft patent infringement case filed by InterDigital Inc.
U.S. International Trade Commission halts importation ban of Microsoft devices, rejecting the patent infringement filed by InterDigital Inc. eight years ago.
Aug 31, 2015 1:46 AM EDT
High market volatility forces investors turn to cash, gold
The high volatility in stock markes is driving investors towards gold and money market funds. The panic investors were pulling funds off equity markets and investing in gold and money market funds. The last week's beginning downfall on markets paricularly Chinese stock exchanges triggered funds outflow from equities.
Aug 31, 2015 1:45 AM EDT
Brazil is financially ruined, under recession
Brazil is now suffering from another recession caused by many factors including the sudden drop of its gross national product and the contribution of the much controversial Petrobras scandal.
Aug 31, 2015 1:43 AM EDT
Mobile TeleSystems tied up with Google for a voice command mobile internet service in Russia
MTS, the leading network provider in Russia had teamed up with Google Inc. to incorporate Google Now voice command app on Android devices available on MTS stores. MTS would share revenues with Google on promotions and advertising.
Aug 31, 2015 1:41 AM EDT
The reason Saudi Arabia won't hold off oil production
Oil industry has been suffering too much from the price crash and worse is some have gone bankrupt. Still Saudi Arabia won't lessen it's oil production eventhough they are already affected but more affected are its rivals. In the end, Saudi Arabia will have more to gain.
Aug 31, 2015 1:39 AM EDT
Business groups disappointed over new Federal labor ruling that gives contract workers more bargaining power
The National Labor Relations Board had issued a new standard in labor force unionizing minimum wage workers under the service sector. This means companies and subcontractors handling them will be responsible over wages and working conditions. Businesses opposed the new ruling asserting it will increase labor cost in America.
Aug 31, 2015 1:29 AM EDT
Oil price rebound relieved oil markets
Having a good jump from its almost six-and-a-half years low, oil market has every reasons to breath a sigh of relief. Oil price in the world market rebounded to $50.
Aug 31, 2015 1:22 AM EDT
Ashley Madison founder and CEO steps down
Ashley Madison founder Noel Biderman stepped down as Avid Life Media CEO. Temporarily, its board members will manage the company.
Aug 31, 2015 1:20 AM EDT
Walgreens to house Providence clinics inside stores
The sale of medicine is no longer that profitable prompting pharmacies to look for other resources and one way that Walgreens had come up with is to partner with Providence that will provide clinic services within the store.
Aug 31, 2015 12:41 AM EDT
Schlumberger announces merger offer with oilfield maker Cameron
Cameron International had agreed to merge with Schlumberger under some conditions that still needs approval of its shareholders. The consolidaton of the industry is likely toenlarge by the first quarter of 2016.
Aug 31, 2015 12:32 AM EDT
Move over Siri, here comes Facebook's personal concierge M
It's a virtual digital assistant like no other. Facebook's M teams up AI and man, providing not just links to the Internet but also actual customer service. The digital helper launched a few days ago in the California Bay area and will make a global rollout soon.
Aug 31, 2015 12:23 AM EDT
Consumer Group calls for more transparency in product labels, more than what barcodes provide
Barcodes may soon be gone in store products as shoppers and owners look for more information on the products. Experts suggest that there should be new global standards when it comes to products and labels information.
Aug 31, 2015 12:20 AM EDT
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