Oil prices under pressure amid weaker demand outlook
Crude oil prices continued to trade in low range amid sagging demand and its bleak outlook for remaining part of 2015. The oversupply position is also impacting the oil price in a negative way. Speculators are withdrawing from their previous bets on rising prices. The front-month US crude futures were trading at $44.65 per barrel 12 percent lower than the peak level in October.
Oct 26, 2015 8:34 PM EDT
GNC Charged of Selling Products with Ampethamine-like Substances
GNC is being accused of vending supplements which contain illegal substances that could do more harm than good for the health. A lot of proof has been found that GNC officials knew of the illegal substance, BMPEA, that contains amphetamine-like substance but continued to sell it to consumers.
Mercedes Car Sales Create New Record in China
It is unexpected but yes, Mercedes-Benz cars made a new record in China that reached 53%. It got a handsome portion in the car market share especially that Volkswagen is faced with a lot of issues.
Chipotle has two years of bad sales growth
Non-GMO Chipotle suffers slow sales growth for two consecutive years and investors were not at all happy. It used to have an outstanding sales growth but for some reason, it has now been declining. The non-artificial food restaurant hired Curt Garner, Starbucks former chief information officer, to help reverse the situation.
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Toyota recalls different Scion models
Car manufacturers had been recalling their cars due to defects and not complying with the Clean Air Act. Toyota is one of the best-selling car manufacturers that need to pull out its vehicles from the market and recall those that had been sold already. These recalled vehicles will be fixed to function normally and for safety.
Oct 26, 2015 7:31 AM EDT
Ethiopian Airlines To Operate New York Flight Route on 2016
Ethiopia's flag carrier, Ethiopia Airlines will launch the New York flight route nex year 2016. The airline also already purchase 20 new Boeing 777 aircraft types to be use for the new destination.
Oct 26, 2015 7:19 AM EDT
China to Merge it's Three Largest Airlines as part of the state-owned enterprises reformation plans
China is considering to merge the country's major airlines in terms of caro operations as it is part of their state-owned enterprises reformation plans. A speculations also revealed about the two of the three largest airlines that is also on merge in forming the largest, however, both airlines denied the rumors.
Oct 26, 2015 7:02 AM EDT
Royal Caribbean Launches New Campaign Ad Focusing on Millenials, Cruise line brand's Campaign on Periscope will also on November
The Royal Caribbean introduce their latest campaign ad centers targeting Millenials, or first time cruisers in attempt to change their perception about cruising. The cruise line brand is also launching a Periscope campaign on November, that is considered new in the cruise industry.
Oct 26, 2015 6:57 AM EDT
Royal Caribbean's Splendour of the Sea Experience Fire disruption while Sailing toward Argostoli, Greece
The Royal Caribbean's Splendour of the Sea suffers fire disruption last Thursday. The cruise line brand reported the incident on their social media, twitter. Consumer Advocate, Clark Howard was reported on board the said cruise ship and also reported the fire incident to his colleagues at the Atlanta local News 95.5 and AM 750 WSB.
Oct 26, 2015 6:53 AM EDT
Donna Karan talks about her personal style, Designer reveals her must-have travel essentials
Donna Karan recently focuses on her personal style, Urban Zen. Moreover, the veteran designer revealed obtaining inspiration in the people, art, and culture she's come across while traveling.
Oct 26, 2015 5:26 AM EDT
Cape Town Residence Apartments: The new Radisson Blue Hotel and Residence
The distinctive Safmarine House building will soon be the new Radisson Blu Hotel and Residence. The residential property is a project collaboration of Shaun Rye and global hotels group Carlson Rezidor.
Oct 26, 2015 5:09 AM EDT
Bitcoin startup Abra announces U.S. and Philippines launch
Bitcoin company Abra is launching its services in the US and in the Philippines, right after getting funding from major firms like the American Express.
Oct 26, 2015 5:09 AM EDT
Google reports earning for the first time being under Alphabet with $18.7 billion revenue, $5 Billion buybacks
Google reported its third-quarter earnings for the first time under its parent company Alphabet. Google earned $18.7 billion in revenue and $7.35 earnings per share during the third quarter.
Oct 26, 2015 5:07 AM EDT
Citigroup seeks buyers for 20% stake in China Guangfa Bank after scrapping plans to list in Hong Kong
Citigroup is in talks to sell its 20 percent stake in China Guangfa Bank, with China Life Insurance Co. and Citic Trust Co. considering to acquire the shares.
Oct 26, 2015 5:04 AM EDT
Royal Bank of Scotland is first bank to sign up employees to Facebook At Work
Facebook At Work will get 100,000 employees of Royal Bank of Scotland to sign up on the service. Facebook At Work offers a close environment social media that are limited to the company's employees with enhanced security.
Oct 26, 2015 4:59 AM EDT
Al Maha Desert Resort and Spa: Rated by guests as one of the best hotels in United Arab Emirates
The Al Maha Desert Resort & Spa features the heritage and architecture of the Bedouins. It also offers a sense of desert adventure, with matchless of hospitality and comfort.
Oct 26, 2015 4:55 AM EDT
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