Amazon tops the 10 tech stocks in billionaires' trading
Technology stocks have been at the center of attention for billionaire traders on the Wall Street this year so far. Amazon leads the top-traded technology stocks among high net worth traders on the buy list. After recording encouraging gains in 2015, the FANG (Facebook, Amazon, Netflix and Google) stocks may witness reverse trend in 2016, forecast market analysts.
Dec 04, 2015 2:31 AM EST
Philippines snackmaker Liwayway Group is now a leading brand in China
Liwayway Holdings, a Philippines-based snackmaker, started its business in China in 1993 and now is one of the leading snack makers in the country. Its product, Oishi snacks, is now one of China's iconic brands and one of the top five snack food brand is Asia Pacific.
Fiat-Chrysler rolls out winter wheel and tire packages
Fiat-Chrysler Automobile launches new winter wheel and tire packages through its parts group Mopar. The winter sets come with 1,100 of wheel-tire combinations and available at FCA dealerships. The packages are priced between $242 and $292 per tire.
Grupo BTG Pactual shares and bonds plummet, ratings downgraded after billionaire CEO Andre Esteves detention extended by court
Following the arrest of Banco BTG Pactual's CEO billionaire Andre Esteves, the Supreme Court in Brazil extended his detention indefinitely. Shares and bonds of Banco BTG plummeted while Moody's Investors Service downgraded its baseline credit assessment by two levels.
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Celebration of St. Andrews Day with Romanian Flag in Facebook: Scotland FB Users Upset
Scotland FB users are unhappy over the FB’s suggestion to celebrate St. Andrews Day with a Romanian flag. However, Facebook rectified as soon as it realized the situation through social media.
Dec 03, 2015 8:39 PM EST
Trendy Urban Breather Mask by Vogmask to Combat Air Pollution: Coming Soon in India
Nowadays, environmental pollution is one of the major causes for people untimely demises. Vogmask is set to launch trendy designer mask for protection against air pollution. The product will soon come to the Indian market with limited edition collection.
Dec 03, 2015 8:35 PM EST
JPMorgan teams up with On Deck Capital to roll out new lending product
JPMorgan Chase has teamed up with On Deck Capital to accelerate the loan processing for the small business segment. On Deck Capital is an online provider of high-cost lending and will offer its technology platform for JPMorgan to speed up loan processing for its four million customers. JPMorgan will launch new Chase product in 2016 taking care of small-dollar loans.
Dec 03, 2015 3:54 AM EST
Starbucks, Walmart and Chain Stores Recalled Products Because of E. Coli
Starbucks, Walmart and dozen chain stores recalled their food product due to E. Coli contamination linked to Costco chicken sandwich case last month.
Dec 03, 2015 3:35 AM EST
Africa's Largest Media Company Extends Its Operation Worldwide
South African largest media company, Naspers increases its U.S exposure. The company that has operated in 130 countries is ready to expand its service worldwide
Dec 03, 2015 3:26 AM EST
Petra and Ekapa Acquire De Beers Oldest Diamond Mine
Petra Diamond Ltd and Ekapa Minerals Pty have acquired De Beers oldest diamond mine in Kimberley. UK's Petra Diamond Ltd partners with South African's Ekapa Minerals Pty to buy the oldest mines of De Beers in South Africa.
Dec 03, 2015 3:01 AM EST
Japan state-fund mulls picking stake in Sharp Corp
Japan state-backed fund is keen on acquiring stakes in Sharp Corporation for Yen 200 billion ($1.63 billion). Sharp Corp recorded Yen 50 billion operating loss for the first half of 2015. The LCD business unit of Sharp Corp is a major contributor to the losses. Sharp is planning to spin off LCD business unit and later it may consider stake selling, according to media reports.
Dec 02, 2015 10:53 PM EST
The ‘Dawn of Justice’ - The Extraordinary Epic Duel Of Batman v Superman
Are you a die-hard follower of superhero movies? The New Year will be charged up with the back to back superhero movie releases. ‘Batman v Superman: Dawn of Justice’ is one of the heavy-weight mega-budget among them that people are waiting eagerly for.
Dec 02, 2015 1:53 AM EST
Spain, Italy, Germany beat expectations in November PMI
The PMI in November for the Eurozone was at 52.8 indicating encouraging growth in the industrial output. Spain, Italy and Germany beat forecasts, while France was lagging. All the European nations except Greece recorded growth on the support from new orders and surge in domestic demand.
Dec 02, 2015 12:51 AM EST
Macau's GDP sinks 24% in Q3
Macau's GDP fell over 24 percent in the third quarter. The continuous drop in gambling revenues, which account for two-thirds of its economy, has been taking a toll on Macau for the past 17 months. Chinese government's campaign against corruption and drop in VIP visitors are major reasons from dwindling gambling volume at casinos.
Dec 02, 2015 12:46 AM EST
Chinese buyers step back from US housing market
After witnessing peak level this year, the Chinese investments in the US property markets have suddenly changed the direction. The Chinese government's restrictions on capital outflows and devaluation of Yuan have become major hurdles for the dragon country's investments in the US housing sector. The economy slowdown and sluggish financial markets were prime reasons tha propelled Chinese investors to invest heavily in overseas markets mainly the US, London and Canada.
Dec 02, 2015 12:38 AM EST
Japan's GPIF, the world's biggest pension fund, reported a $64B quarterly loss
Japan’s Government Pension Investment Fund (GPIF), the world’s largest, reported a record loss of $64.34 billion due to China’s economic slowdown.
Dec 01, 2015 10:23 PM EST