US to anti-money body: Delete soccer warning
US delegates of Finacial Action Task Force urges the organization to delete soccer warning, according to sources.
Aug 21, 2015 2:57 AM EDT
iSight charts $100M fundraising plan ahead of IPO in 2016
iSight Partners will raise $100 million funds for its business expansion plan. The company is also going public in 2016. It has made agreements with business partners for effective distribution of its intelligence on potential cyber attacks.
Better, quicker, shorter cancer care eyed by Intel thru Collaborative Cancer Cloud
Intel Health executive Eric Dishman suffered for 23 years before the proper treatment for his kidney cancer was determined. Now, Intel aims to provide a tailored treatment for the specific genome of an individual in just one day through the company’s new Collaborative Cancer Cloud.
Growth rate of new businesses slow; Women-owned firms increasing - census
The U.S. Census Bureau Data shows that there is a 27 percent increase of women-based business in America from 2007 to 2012.
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VW owners are in danger - study
A paper detailing a security vulnerability in Volkswagen security technology is being presented in Washington DC after being blocked for two years by the UK High Court
Aug 21, 2015 2:06 AM EDT
Global sluggishness erodes $9B in Norway's pension fund
Several factors including sluggishness in the US, EU markets, poor returns on bonds, oil price drop, Greece economy crisis impacted the world's largest soverign fund, Norway's Pension Fund, in a negative way.
Aug 21, 2015 2:00 AM EDT
Indiana University and Adidas Signs a $53.6M Deal
Adidas and Indiana University extended their contract to another eight years and signed the deal at $53.6 million.
Aug 21, 2015 1:55 AM EDT
Hyundai, Kia changes China executives after sales slump
Hyundai-Kia Motors change corporate structures in the hopes of improving market performance in China. The company plans to improve its selling strategies to cope with the ever-changing needs of the Chinese market with the help of new executives.
Aug 21, 2015 1:53 AM EDT
H&M Sales Rise by 16%
H&M increases sales in July by 16%, up 4% from analysts' predictions. It is already their tenth consecutive month of enjoying sales rise of at least 10 percent. H&M in its press release said that it will release its updated third quarter report on September 15 of this year.
Aug 21, 2015 1:50 AM EDT
European bailout fund grants release of aid to Greece
European bailout fund supervisors have approved the release of the first tranche of financial aid to economically-troubled Greece. This comes after the German parliament and other assemblies in Europe adopted the €86 billion bailout package for Greece.
Aug 21, 2015 12:53 AM EDT
Big Data in Food Production: FarmLogs helps farmers increase crop yields using flow sensors and satellite imagery
Jesse Vollmar had created a software called FarmLogs to help farmers increase production through cloud computing, enlisting significant data they needed using flow sensor technology and monitoring farm fields by using satellite imagery.
Aug 21, 2015 12:49 AM EDT
IMF dashes hopes of China; Yuan still out of fund's currency basket
The IMF board has decided to keep the current basket of currencies as it is and China will have to wait for one more year to make its currency a part of the fund.
Aug 21, 2015 12:39 AM EDT
Twitter aims to create more content partnerships in Asia Pacific and the Middle East
Twitter is now looking to create deeper inroads into the regions of the Asia-Pacific and the Middle East. the social media giant has tapped their own Singapore-based executive Rishi Jaitly to lead teams to be spread out all across the different sections of the regions, according to Reuters.
Aug 20, 2015 3:52 AM EDT
Lowe's Companies reports Q2 $1.13B fiscal earnings but failed to meet Wall Street's expectation
Lowe’s Companies Inc reports a $1.13 billion for the second quarter of 2015. This is an eight percent increase from last year’s $1.04 billion. This means its net income is $1.20 per share, which is lower than Wall Street’s expectation of $1.23.
Aug 20, 2015 3:50 AM EDT
Gazillion points not needed, Get free flight for just 4,500 Avios points through British Airlines
There may have been changes and speculations on how much points one must have to avail free flights. But British Airways Avios offers an easier and a lot cheaper way to avail these “free” flight programs.
Aug 20, 2015 3:47 AM EDT
Hormel Foods Q3 profit rises amidst lesser sales
It's a great comeback for Hormel Foods to get in the business with higher revenue for the third quarter in spite of the avian flu epidemic that hardly hit its Jennie-O Turkey production. Thanks to the acquired Skippy Peanut butter and Wholly Guacamole together with the refrigerated foods that boost the revenue for the titan company.
Aug 20, 2015 3:45 AM EDT
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