News


Latest News


Monsanto to cut 2,600 jobs, buyback shares

The US agricultural biotechnology firm Monsanto has undertaken $3-bn share buyback programe,while slashing down 2,600 jobs as part of its restructuring plan. The slump in agricultural commodities market is impacting Monsanto.

Oct 08, 2015 3:49 AM EDT


Wall Street gains propel Asian indices up; China markets reopen on positive note

After a week-long holidays, Shanghai market opened on buying support as the trading volume rose significantly by 34 percent. Over 900 stocks were trading higher on Chinese markets. Barring Nikkei and Hang Seng, all the Asian indices were moving north.

Oct 08, 2015 2:39 AM EDT


SunEdison layoff affects more than 1000 employees

SunEdison solar company is cutting its workforce as part of simplifying its business structure by the removal of doubled activities. The 35 employees in the 3 solar Hawaiian operation will remain intact.

Oct 08, 2015 1:31 AM EDT


Obama confident that Congress will vote in favor of TPP

Obama told the audience during a meeting that he is confident that U.S. congress will agree with the TPP agreement. The deal which is expected to create the world's largest free trade zone has been criticized by many that it will not bring any good to the US.

Oct 07, 2015 11:57 PM EDT


Airbus calls off talks with Bombardier on C-Series Jet project

Airbus has called off the talks with Bombardier on C-Series jet project. Bombardier has been facing a rough weather in implementing C Series jet project, which is expected to enable the cash-strapped Canadian aviation major to compete with Airbus and Boeing in small passengers jets space.

Oct 07, 2015 11:54 PM EDT


Reddit launched an independent news site, Upvoted

Reddit, the online community news website, had launched a new standalone content site called Upvoted. The company built it to highlight interesting contents from Reddit.

Oct 07, 2015 10:11 AM EDT


Alcatel-Lucent decides to retain undersea cables unit

The Paris-based Alcatel-Lucent has decided not to sell its undersea cable manufacturing unit 'Alcatel-Lucent Submarine Networks (ASN). The Finnish global major Nokia is in the process of acquiring Alcatel-Lucent. With the latest decision of Alcatel-Lucent retaining undersea cable unit. Retaining the undersea cable unit will not have any impact on completing the ongoing acquisition process with Nokia. The acquisition deal is expected to be completed by June 2016.

Oct 07, 2015 9:58 AM EDT


Illegal cocoa farmers' eviction to save Mont Peko National Park

Mont Peko National Park will be erased in the map in the coming years if the illegal farming of cacao will not be stopped. Already 99% of the 34,000 hectare park has now been destroyed including the habitat of different primate species.

Oct 07, 2015 9:47 AM EDT


Oktoberfest 2015 Affected by the Stream of Migrants in Germany, Revelers and Beer Consumption Decreased

The World's largest beer festival, Oktoberfest in Germany had a surprising decreased of revelers this year. The main caused was the border control imposed by the country for the entering migrants. Some of the tourists from the neightboring countries are also restricted. Not only the partygoers had decreased, the amount of beer was also reduced.

Oct 07, 2015 8:42 AM EDT


Regular flyers’ secrets to fly best to Hawaii, Is Avios the most excellent option for redeeming miles to Hawaii?

Hawaii is considered as one of the hardest award tickets to redeem. And while a lot of people treat Avios as the best option to redeem miles to Hawaii, a lot of airlines also offer different flights.

Oct 07, 2015 8:33 AM EDT


Chile creates Easter Island marine reserve at Our Ocean Summit, Obama ups U.S. sanctuaries

Chile just declared their marine reserves in the Easter Island at Our Ocean Summit. On the other hand, President Barack Obama announced the two new U.S. National Marine Sanctuaries.

Oct 07, 2015 8:23 AM EDT


UrbanBuddy Mobile App: Staying local while travelling around the world

Urban Buddy helps tourists gain knowledge of a new city from veteran city residents. The mobile app allows users to ask questions and a genuine local immediately provides recommendations and advice.

Oct 07, 2015 8:16 AM EDT


Real Time Analytics