Volkswagen sales skid 20% in UK, 25% in US
Since the broke out of emissions scandal, Volkswagen has been suffering from sluggish sales volume. The sales of German auto major fell 20% in the UK and 25% in the US during November, while it managed to sustan in its home market as sales dip marginally by three percent.
Dec 07, 2015 1:54 AM EST
Banana Republic sales continue to slump
Banana Republic, a brand of Gap Inc, has been suffeirng sluggish sales for the past seven months. it fell 15 percent in November. Gap Inc is witnessing declining sales across its 3,700 stores. Banana Republic is in the process fo redesing product range to win the hearts of buyers.
Canada gets crude oil from Enbridge Line 9B
The oil produced in western Canada has turned out to be cheaper than imports. This situation is driving oil refineries in eastern Canada to get crude oil from western Canada. Enbridge's Line 9B, a newly reversed pipeline started pumping oil to eastern Canadian refinery.
Armored Mercedes-Maybach S600 is the new bulletproof luxury sedan
Armored vehicle maker INKAS unveiled an armored version of Mercedes-Maybach S600 luxury sedan. The armored S600 offers a bulletproof body that meets European CEN 1063 BR7 standards. The armored Maybach S600 will be on sale next year and priced at $500,000.
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Swatch collaboration with Visa for its new "pay-by-the-wrist" watch
Swatch partners with VISA for easy payment through 'pay-by-the-wrist' watch. This gadget with great feature is currently available in Switzerland, U.S., and Brazil.
Dec 06, 2015 10:26 PM EST
Ford Recalls almost 452,000 medium size cars over possible fuel leak
Ford recalls 450,000 Fusion, Mercury Milan midsize cars that the gasoline tanks possible can leak fuel.
Dec 06, 2015 10:22 PM EST
Safety Your Money from Cash Register Malware
A new point-of-sale malware has been recognized by security experts and is being up as the most complex software of its kind yet to be recognized.
Dec 06, 2015 10:17 PM EST
High Court: Living in Delhi is Like Living in a Gas Chamber
National Green Tribunal slammed the Delhi Government for not taking notice about the rising pollution level. A day after that, the Delhi Court directed the Centre and city government to immediately notice the level of PM 2.5, which has crossed 60. Other initiatives like traffic control and burning of garbage are also tackled.
Dec 06, 2015 10:15 PM EST
UK pays least for cancer drugs than other EU countries
The U.K. pays least to cancer drug manufacturers, reported The Lancet Oncology. However, transparency in discounts and price negotiations is needed to reveal which country is overpaying.
Dec 06, 2015 9:37 PM EST
China pledges $60B funding package support development efforts in world's poorest continent
China shows support to its long-time ally, Africa, by providing the continent funding support worth $60 billion.
Dec 06, 2015 9:37 PM EST
Japan's aroma sensing developer, Aroma Bit, hired two influential advisors
Japanese startup aroma sensor developer Aroma Bit has appointed Batara Eto and Atsushi Tanaka as its advisors.
Dec 06, 2015 9:36 PM EST
Chipotle tightens food safety after E. Coli outbreak
Chipotle announced Friday that it will elevate its supplier standards to stricter guidelines as its E. coli outbreak cases increased to 52 in the United States.
Dec 06, 2015 4:58 AM EST
Chicken will replace other meat in the future
The U.N.Food and Agriculture Organization projects that chicken will overtake pork as the major source of protein meat in 2020, because it is mild-flavored, universally accepted, and cheap to produce.
Dec 06, 2015 4:56 AM EST
Holiday Shoppers in Paris Shift from Big malls to online stores after November 13 Terror Attacks
More holiday shoppers in Paris are shifting away from big malls in Paris center to online stores and convenience stores close to their houses due to the recent terror attacks.
Dec 06, 2015 4:43 AM EST
EU antitrust regulators investigate Luxembourg’s tax treatment of McDonald's
The European Commission is investigating McDonald’s European franchising for possibly taking advantage of Luxembourg’s tax laws and rules, making it evade taxes from both U.S. and EU.
Dec 06, 2015 4:37 AM EST
SpiceJet to raise 50 billion rupees, add 150 more planes
India’s second-largest low fare airline SpiceJet Ltd plans to raise 50 billion rupees ($750 million) in loans as it aims to expand and add more than 150 planes.
Dec 06, 2015 4:23 AM EST
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