Despite easing foreign trade, Russian markets turn attractive
Ever since the imposition of economic sanctions, the Russian economy is suffering from weakening foreign trade. Exports and imports, move steeply, only to drop during January-September period. Despite the rise in oil and natural gas exports, the oil price drop in dollar value is eroding the gains.
Nov 25, 2015 3:47 AM EST
U.S. Finds Evidence of Bribery in Wal-Mart Operation in Brazil
U.S. authority investigates potential foreign bribery by Wal-Mart Stores Inc in its Brazil operations. The investigation unearthed some evidences.
SoundClound Commercialization Disappoint Its Loyal Users
Commercialization has created trouble for SoundCloud's loyal users. Its confusing copyright policy made users lost their tracks stored in SoundCloud.
Oil Price Crash Sparks OPEC's Revolt Against Saudi
Saudi Arabia keeps increasing its oil production resulting crash of crude oil price. This sparks revolt of OPEC members against the leading oil producer.
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Britain Expand Its Military Spending In Defense Against Islamic State
George Osborne, Britain's finance minister announced on Sunday that UK will increase military budget. Britain intend to purchase several defense equipment including maritime patrol aircraft from Boeing and Lockheed Martin's F-35 fighter jet.
Nov 25, 2015 2:52 AM EST
Social Media Drives Significant Web Traffic to Trending Stories According to Analysis
Social media become more important to drive web traffic to news story. A publishing analytics company reported both social media and search engine is equally important.
Nov 25, 2015 2:51 AM EST
Alibaba's Jack Ma eyes South China Morning Post
Alibaba Group's founder Jack Ma is in talks to buy a stake in the publisher of Hong Kong’s South China Morning Post. The move is similar to Amazon's Jeff Bezos who tries to revive the traditional newspaper in current digital age.
Nov 25, 2015 2:36 AM EST
Oil supply glut creating traffic jams at sea
The rising levels of oil inventories are resulting in more supplies and this is creating traffic jams of tankers on the seas shores and along the US Gulf Coast. The floating storage of crude oil rose three times. A number of oil tankers are queuing up waiting for offloading.
Nov 25, 2015 2:20 AM EST
People with unpaid IRS debt can have their Passports cancelled
A bill that that may cancel the passports of people with unpaid IRS loans is going to be approved very soon.
Nov 25, 2015 2:01 AM EST
Gender Pay Gap Can be Solved by These Two Things
Transparency and removing negotiations are the best ways to reduce the ever growing gender gap pay, says Forbes.
Nov 25, 2015 1:50 AM EST
Evergrande Bought 50% of Great Eastern Life Assurance for Share 3.9 billion yuan to diversify into insurance
China’s Evergrande Real Estate Group Ltd., bought 50 percent share from Great Eastern Life Assurance Co for 3.9 billion yuan, or $610 million, to diversify into insurance.
Nov 25, 2015 1:42 AM EST
Audi admits Volkswagen Installed Defeat Device in 85,000 more cars
Audi admitted to the Environmental Protection Agency (EPA) that there are 85,000 more Volkswagen cars with illegal defeat devices to cheat emissions results.
Nov 25, 2015 1:38 AM EST
Alberta limits Oil-Sands Emissions to curb pollution
Alberta will limit oil-sands emissions, discontinue coal power plants, and create an economy-wide carbon price to reduce pollution in the province.
Nov 25, 2015 1:27 AM EST
Jack Dorsey, retail investors win, while underwriters lose in Square IPO
The IPO from Square has set a new record by receiving an overwhelming response on its listing day. the stock rose 45% giving more cheers to investors. Forbes has done some assessment on who are the winners and losers in Square IPO.
Nov 25, 2015 12:13 AM EST
UK allots £1B fund for the eradication of malaria, other infectious diseases
The UK government will be spending £1 billion for the eradication of malaria and other infectious diseases. To fight against these dangerous diseases, the UK government is setting up a £1-billion fund to be spent over the next five years. The UK is working on this ambitious project in partnership with Bill and Melinda Gates.
Nov 24, 2015 10:57 PM EST
Cat Photos Show Solidarity for Citizens in Brussels
Manhunt for Islamic State terrorist suspect is still on going in Brussels. Citizens cooperate with police to stop sharing information about situation, and share cat pictures instead.
Nov 24, 2015 10:00 PM EST
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