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Virgin Galactic Will Now Use Boeing 747s to Launch Rockets, Satellites

Virgin Galactic has announced that it will repurpose one of their Boeing 747-400s to be used as the dedicated launch vehicle for their LauncherOne small satellite launch business.

Dec 07, 2015 05:56 AM EST


Now the desktop is no longer a trend in India

Now the mobile e-commerce is booming e-commerce business in India.

Dec 08, 2015 07:42 AM EST


Epson's PaperLab Takes Old Paper and Makes it New, All in Your Office

Epson has unveiled its PaperLab, a large machine that can take waste A4 and A3 copy paper and make new paper of varying colors, thicknesses, and densities. However, the exactly specifications and energy consumption information is currently unknown.

Dec 07, 2015 05:46 AM EST


Barclays banking on India Post Service for expansion

Barclays Plc is keen on working with India Post to spread its services across the country. The Department of Post is among 17 firms that have been approved to set up Payment Banks in India. The huge infrastructure and Common Service Centres of India Post are attracting many global and domestic banking giants.

Dec 07, 2015 01:56 AM EST


Sony Acquired Toshiba Image Sensor Business for $155 Million

Sony has officially announced the purchase of Toshiba image sensor business for ¥19 billion ($155 million). The image sensor will operate under new company.

Dec 05, 2015 09:08 AM EST


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 01:54 AM EST


Shangui Cement Shareholders Oust its Board, Replaces it with Members from rival Tianrui Group Co.

The Shanshui Cement Group is now under new managment due to a shareholder decision to remove its own board members and replace them with officers from its main rival, Tianrui Group.

Dec 07, 2015 05:43 AM 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


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.

Dec 07, 2015 01:47 AM EST


Motorola Solutions Acquires Airwave for $1.2 Billion

Motorola acquire UK's Airwave for $1.2 billion to enhance its service business in mobile communication.

Dec 07, 2015 08:07 AM EST


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.

Dec 07, 2015 01:40 AM EST


Asian stocks reel under pressure ahead of Fed meeting

Asian stocks fell further after hovering at three-week lows amid weaker oil prices. The statements from the US Federal Reserve and European Central Bank (ECB) further worsened the situation., The ECB reduced deposit rates and this discouraged the market. The forthcoming jobs data and inflation numbers will set the tone for US Fed, which will meet in December to take a decision on interest rate hike.

Dec 04, 2015 04:13 AM EST


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