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Russia's Flag Carrier, Aeroflot Dropping 22 new Dreamliners 787 Orders from Boeing Company

Russia's largest airline, Aeroflot cancelled the 22 new Dreamliners 787 orders from the US aircraft manufacturer Boeing Comany. The said airline instead is considering of acquiring 34 aircrafts from Transaero Airline.

Oct 19, 2015 4:45 AM EDT


RBI paves the way for funds inflow; Indian banks finally slash rates

The RBI Governor Raghuram Rajan's latest measure to slash benchmark repurchase rate is finally giving results as commercial banks started cutting down interest rates. Commercial banks in India have reduced interest rates by 70-125 basis points this year so far.

Oct 19, 2015 3:05 AM EDT


Experience Luxury Stay at Park Hyatt Dubai; Check Out Their Services

Park Hyatt Dubai is a luxury hotel in the Middle East that offers great amenities, pleasure and comfort to its guests.

Oct 19, 2015 2:48 AM EDT


Starbucks to brew in Italy

Starbucks has plans to expand its business to Italy and serve Italians the best-tasting coffee and other stuff the biggest coffee chain in the world has to offer. It was reported on Thursday that Starbucks is already discussing the proposal with an Italian partner for the opening of the business in the said country.

Oct 19, 2015 2:47 AM EDT


Take Advantage of Asiana Complimentary Chauffeur Service Valid Until Nov. 30,2015

Asiana is offering its first and business class passengers more convenience with their Complimentary Chauffeur Service.

Oct 19, 2015 2:40 AM EDT


Google buys a Portuguese startup

Google had acquired a Portuguese based startup, Digisfera. The startup specializes in 360-degree photography and has caught Google's attention as a way to improve its Street View project.

Oct 19, 2015 2:39 AM EDT


Coke and Pepsi can still use 'diet' on labels and ads

The FTC declined the Right To Know's request for soft drinks manufacturers to stop using the word 'diet' in their labels as they see it as a misleading advertisement. These drinks contain sugar substitute which is proven to gain weight, not to lose weight.

Oct 19, 2015 2:31 AM EDT


Amazon Destinations never made it far; halted 6 months after launch

Amazon Destinations, a hotel reservation service from Amazon.com shut down 6 months after launching.

Oct 19, 2015 2:31 AM EDT


First Data prices IPO at $16 per share: Highest for 2015, Lower than expected

First Data went public at $16 per share, the biggest this year, but is lower than the expected $18 to $20 per share.

Oct 19, 2015 2:07 AM EDT


President of Indonesia to Visit Silicon Valley’s tech giants on US trip

Indonesian president, Joko Widodo, known as Jokowi in his country, is scheduled to visit US's giant tech companies during his first trip in United States. The trip will be started on October 26 and it will be a five day trip full of bilateral business agenda.

Oct 19, 2015 2:06 AM EDT


Silicon Valley IPO market logging off fast

The renewed concerns about possible technology bubble burst in the wake of the IPO market in Silicon Valley is fast losing its sheen. The dwindling down of market valuations is forcing many companies to cancel their IPOs or post pone the issue dates this is affecting the US capital market.

Oct 19, 2015 1:49 AM EDT


Bank of America posts profit for 4 quarters in a row

Bank of America (BoA) has posted positive numbers for the third quarter making its fourth consecutive quarter with profits. The Charlotte-based bank posted a net profit of $4.07bn for the third quarter. Despite its pedestrian performance in the third quarter ending September 2015, the bank has been able to post profits for the last four quarters.

Oct 18, 2015 10:31 PM EDT