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Hyundai unveils the New Generation i20 WRC for the 2016 World Rally Championship

Hyundai is introducing its new rally car for the 2016 FIA WRC event at team's factory in Alzenau, Germany. The five-door body car is powered by a 1.6-litre turbo charged petrol engine with six-speed sequential gearbox.

Dec 10, 2015 03:13 AM EST


Chennai floods leave everyone in deep water

The recent floods devastated the living conditions for people in Chennai and its surrounding districts. The industrial and business hubs have been affected resulting in trillions of crores of rupees loss. Insurance companies have been flooded with claims indicating a decade high volume.

Dec 10, 2015 03:09 AM EST


Cyber security provider Blue Coat Systems plans to go public next year

Network security firm Blue Coat Systems Inc is planning an initial public offering, which may happen on the second quarter of 2016.

Dec 10, 2015 03:15 AM EST


Deutsche Bank Japan to pay penalty again for information leak

Deutsche Bank Japan branch is set to face a regulatory penalty once again; this time for leaking corporate information before an earnings release.

Dec 10, 2015 03:07 AM EST


Exxon refuses to share U.S. Tax information, hindering progress on energy transparency, says watchdog chief

Extractive Industries Transparency Initiative (EITI) head, Clare Short, said Exxon's refusal to share U.S. Tax information is hindering progress on the push for transparency in the energy business.

Dec 09, 2015 10:58 PM EST


Men have to cultivate a culture that encourage women in workplace, says Dell's CMO

Dell CMO Karen Quintos said that in order to remove gender bias in the work place, men must cultivate a culture that encourages women to think they can succeed

Dec 09, 2015 10:53 PM EST


Conflict against Russia could lead to $9 billion loss for Turkey

Due to the conflicts with Russia, Turkey's economy is at risk of losing $9 billion.

Dec 09, 2015 10:41 PM EST


Fed denies Staples' Office Depot acquisition

The U.S. Federal Trade Commission filed a lawsuit to deny Staples Inc's Office Depot Inc. acquisition; because the antitrust enforcers argue that the merger would increase prices and eliminate the rest of the competition.

Dec 10, 2015 03:18 AM EST


Grocers haven't fulfilled promise to put up stores for places without supermarkets, says AP

Areas without supermarkets still have no ample number of stores despite promise to put up 1,500 grocery stores by 2016.

Dec 10, 2015 03:28 AM EST


Kyocera, Century Tokyo completes Japanese 10MW solar power plant

Multinational electronics company Kyocera Corp. and Century Tokyo Leasing Corp. recently finished a 9.9-megawatt photovoltaic (PV) solar power plant in the Hyogo Prefecture, Japan.

Dec 09, 2015 10:19 PM EST


Cadbury is tax-free even with a whooping £96.5M profit

Mondelez, the American owner of Cadbury, is facing controversy for allegedly avoiding its UK corporate taxes despite earning £96.5 million.

Dec 09, 2015 10:08 PM EST


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