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Audi gives $1,000 to owners as good will apology for Dieselgate

After Volkswagen apologized for the Dieselgate scandal, Audi followed by offering up to $1,000 to owners as part of its goodwill program.

Nov 27, 2015 07:18 AM EST


Watchdog files complaints against advertisers in YouTube Kids for promoting Junk Food Ads to Young Children

Consumer watchdogs Campaign for a Commercial-Free Childhood (CCFC) and the Center for Digital Democracy (CDD) filed more complaints to the Federal Trade Commission against the YouTube Kids application.

Nov 27, 2015 06:59 AM EST


Inflation Continues as Household Spending Declines in Japan

Japanese government need to issue a monetary stimulus to jumpstart economy. As inflation continue and CPI fell for the third consecutive month.

Nov 27, 2015 07:36 PM EST


Oil prices strife ahead of OPEC meeting

All eyes on the forthcoming OPEC meeting as oil prices are reeling under pressure amid the global glut in oil supplies and surging US dollar are impacting severely. The US inventories rose to highest in the past eight decades.

Dec 01, 2015 04:24 AM EST


Russia Started To Build The Largest Nuclear-Powered Data Center

Russia began the construction of its largest nuclear-powered data center. The first phase of data center will be opened in 2017.

Dec 02, 2015 02:22 AM EST


'Spencer' The Robot Is Here to Save the Day

Spencer now helps traveler to find their way from 30th November at Schiphol Amsterdam Airport.

Dec 11, 2015 04:11 AM EST


Metals bounce, Asian stock futures gain as equities ease

Asian markets recorded diverge trends in global markets. Metals prices started rebounding along with rising Asian stock futures while stocks slipped into pressure on Friday. The US index futures also rallied. The Chinese government's probe into short selling is weakening the investors' confidence.

Nov 30, 2015 02:43 AM EST


LG Display to build new OLED plant with $8.7 billion investment

South Korea's LG Display will invest more than 10 trillion won ($8.71 billion) to build OLED production plant in Paju, South Korea. The production plant will start its production in the end of 2017 as anticipating move of Apple adopting OLED displays for the next iPhones in 2018.

Nov 28, 2015 04:12 AM EST


Philippines Investigate Mitsubishi Vehicles for accidents due to unintended acceleration

Philippine authorities are set to investigate the cases of “sudden and unintended acceleration” in Mitsubishi Motors Corp.’s Montero Sport vehicles that led to accidents in the country.

Nov 27, 2015 12:44 AM EST


Pope Francis in Africa to Address Religious Conflict

Pope Francis gave a message of peace and reconciliation during his mass in Nairobi, which is his first stop in his six-day visit in Africa.

Nov 26, 2015 11:48 PM EST


China Fishery bonds drop as HSBC winds up its operation

China Fishery Group's bonds fell 34% as its banker HSBC has asked Hong Kong High Court to appoint liquidators for winding it up. HSBC filed an application for winding up of two companies -- China Fishery Group and China Fisheries International with an outstanding loan of $680million.

Nov 28, 2015 03:09 AM EST


Oil prices marginally slip on glut, bleak outlook

The concerns about the geopolitical tensions in the Middle East faded out as oil price marginally eased after gaining for six sessions. Brent and the US crude oil futures were flat ahead of the US Thanksgiving holiday.

Nov 27, 2015 12:49 AM EST


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