Uber to invest $1B in India after investing another billion in China
Uber is allocating $1 billion for India to expand its operations in that country and get 1 million rides every day within the next six to nine months.
Aug 26, 2015 3:46 AM EDT
Ex-US Treasury Secretary urges Federal Reserve to not make the 'Serious Error' of Raising Interest Rates
Ex-U.S. Treasury Secretary Larry Summers warns that the fierce sell-off on the global markets might lead to a very serious situation, and that the Federal Reserve’s plan to raise interest rates is a big mistake.
Wall Street Experienced a Staggering 1,200 Unprecedented Emergency Freezes
The dramatic selling on Wall Street Monday triggered 1,200 unprecedented emergency halts on the stocks and exchange-traded funds.
A Survivor's Guide to the Market Crash: Don't panic
Analysts advise investors not to worry about ongoing market crash as it's only a correction after recording continuous growth of over 200 percent since economic crisis in 2009. The stock markets fell about 10 percent in the latest market downfall.
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Chipotle to go on hiring spree; 4,000 people new jobs up for grabs on September 9
Chipotle invites talented individuals to become part of their company's success on their National Career Day on September 9 where they will hire 4,000 employees onsite.
Aug 25, 2015 11:27 PM EDT
Foreign trade, medium-sized entrepreneurs, and powerhouses are the key to a healthier UK economy
Since the European Union's economy is getting stronger, reports states that there are three key area that the U.K. government must consider; foreign trade, the mid-sized businesses and the powerhouses.
Aug 25, 2015 10:49 PM EDT
BT Group frustrated over unfair competition from US competitors
BT Group Plc is not happy with the way things are going regarding the competition because they could not get access to the giant telecom companies of Verizon and AT&T's network for a regular price rate causing them to charge customers more to offset the large fees they have to pay in return for carrying data over these wires.
Aug 25, 2015 10:43 PM EDT
Is crowdfunding a safe haven when markets suffer selloff?
The current turmoil across the global stock markets leaving more scope for crowdfunding. many start ups and potential investors are looking positively at crowdfunding option as it's difficult to raise money from the market.
Aug 25, 2015 4:49 AM EDT
Currency carnage melting down London property boom
The fall in emerging economies currencies and rising British pound value are creating hurdles in the London's property markets. the strength of British pound is making London real estate costlier for overseas buyers.
Aug 25, 2015 3:50 AM EDT
New BhS owners are looking for £70M to finance revival
New BhS proprietors are now looking for funds to back their recovery plan for the store chain. Retail Acquisitions, the new owner of department store chain BhS seeks for funding of 70 million pounds several months after buying it.
Aug 25, 2015 3:49 AM EDT
China plans to boost lending to support slowing economy - report
After devaluing its currency, China takes another step to support its slowing economy. The world's second biggest economy is reportedly planning to free up funds for lending by cutting banks' reserve requirements.
Aug 25, 2015 3:47 AM EDT
Oil price gets below $39 for first time since 2009, China economic slowdown to blame?
Oil Prices sank to $39, the lowest it has been since 2009. Unstable Chinese economy, increase in supply, and a decrease in demand are some of the major reasons for the continuing decrease of oil prices.
Aug 25, 2015 3:46 AM EDT
Apple falls, along with other tech giants and the US stock market
Apple’s shares went down by as much as 7 percent last week, as the U.S. stocks also dropped. Other tech giants are also affected by the market volatility. Netflix and Facebook are among the companies that took a hit from the presently volatile days in Wall Street.
Aug 25, 2015 3:17 AM EDT
From digging low to getting high: Junior miners pivot to medical marijuana as commodities hit bottom prices
As metals prices are crashing, junior miners, who are hit the most, are transitioning to other ventures, from egg exporting to marijuana farming.
Aug 25, 2015 3:13 AM EDT
Airbnb for Business now has over 1,000 corporate signups
Over 1000 businesses signed up for Airbnb’s new website “Airbnb for business,” which makes it easier and more convenient for travelling business people to find the right place to stay during their travel.
Aug 24, 2015 11:19 PM EDT
Deloitte's partners report average earning of GBP822k
Deloitte, leader among the Big Four accounting firms, posted encouraging revenues for the last year. The accounting firm's revenues were up 6.4 percent to GBP2.71billion, while the average earnings of its 721 partners rose 9.6 percent to GBP822,000 in 2014.
Aug 24, 2015 10:32 PM EDT