Result Page 184 for Latest News News & Archive

News

Second Interest Rate cut for Norway

Norway's Central Bank, the Norges Bank announced that it is cutting the country's interest rate to o.75 percent today. This is the second rate cut for this year and the third in 10 months. The rate cut signals a weakening economy in the country's key sector.

Sep 27, 2015 8:39 PM EDT

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Final meeting for Trans-Pacific Partnership (TPP) will be held next week

Washington is planning to wrap up the TPP agreement in a meeting in Atlanta next week. Few issues will be resolved during the meeting such as for automotive industry, dairy products, and biological drugs.

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US Fed Chair Janet Yellen hints at rate hike in 2015

The US Federal Reserve Chair Janet Yellen said she expects interest rate hike this year. The improvement in labor market is the prime reason that give much comforatble level for Fed to take a decision on raising rates. She also expressed her hope that inflation rate will reach to the government's target. the uncertainty over interest rates is causing weakness in the financial markets, she said.

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Motorola Solutions pruning costs to enhance profit

US-based telecom equipment provider Motorola Solutions is keen on cost cutting drive to enhance profitability of the company. The pressure on sales and market competition are impacting the company's performance. The continuous drop in gross margins is worrying the comapny.

Apple just released iOS 9.0.1 to fix the "Slide to Upgrade" bug

Apple just released a major update for its latest iOS 9 today, a week after around half of its users failed to update their devices due to a major bug problem. The update will fix not only "Slide to Upgrade" issue but also other problems reported by users that have been using the latest iOS.

Sep 24, 2015 9:18 PM EDT

Alexis Tsipras retains economic government to battle crisis

Greek Prime Minister Alexis Tsipras appoints the same people for his new economic team that would handle the biggest modern world crisis.

Sep 24, 2015 9:08 PM EDT

20 Active Job Listings with as much as 10 Percent Pay Raises Over the Year

Job and career website Glassdoor reported 20 active job listings that have undergone 3 to 10 percent salary increase from 2014 to 2015.

Sep 24, 2015 8:37 PM EDT

Facebook to Make Money from Messenger

Facebook may monetize how customers connect with businesses through its new Messenger app. Facebook's new Messenger app has made it easier for businesses to have an organic connection with their customers, which could yet be another way for the giant social media platform to earn money.

Sep 24, 2015 8:42 AM EDT

Instagram reached 400 million users with 80 million photos shared every day

Instagram had reached 400 million users with 80 million shared photos a day. The Facebook-owned company announced it on Tuesday.

Sep 24, 2015 8:21 AM EDT

5.6 Million U.S Federal Officers' Fingerprints were Stolen

OPM changes its statement saying that some 5.6 million fingerprints were stolen by hackers when they attack the agency last spring instead of 1.1 million. The stolen data involved U.S government officials including from Defense Department.

Sep 24, 2015 8:12 AM EDT

Indian market regulator slaps $1.1B fine on PACL Ltd

The Securities and Exchange Board of India (Sebi) has imposed a hefty penalty of $1.1B on real estate firm PACL Ltd for illegally raising money from the public- the highest fine on any company so far. The New Delhi-based real estate firm has to complete the payment of fine within 45 days.

Sep 24, 2015 8:03 AM EDT

Zscaler raises $25mn from Google Capital to close $110-mn round

California-based cloud security firm Zscaler has closed $110-mn round of financing. It recently secured $25mn from Google Capital. After the latest round of financing, the estimated value of the company is pegged at $1bn. Zscaler is planning to public soon.

Sep 24, 2015 7:48 AM EDT

Volkswagen CEO steps down; US may slap $18B penalty

The latest scandal of Volkswagen in rigging emission norms results is rocking the Germany business and political factors. Volkswagen has taken up crisis management measures and its CEO Martin resigned and many more to follow the suit. The US environment protection agency may slap a hefty fine of $18bn on Volkswagen if its role in manipulating emission results is proved.

Sep 24, 2015 3:18 AM EDT

Boeing factory will soon land in China

A new Boeing factory will be opened soon in Zhoushan, China for its 737 jetliners. The submitted proposal still needs approval of the State Council as well as the China's cabinet to have the country do the painting of airline company's top-grossing jetliners.

Sep 24, 2015 2:38 AM EDT

Starbucks expands Mobile Order & Pay Service in 7,500 cafes in U.S.

Starbucks expanded its Mobile Order & Pay service in its almost 7,500 chains in the United States. These cafes are located in notable cities such as San Francisco, New York, Washington D.C., Chicago, and Boston.

Sep 24, 2015 2:17 AM EDT

Swiss Re to buy Guardian Financial Services for $2.45B

Swiss Re's Admin Re is buying the UK-based Guardian Financial Services for $2.45billion. The acquisition deal is expected to be complete by early next year. Admin Re will get 900,000 annuity and over four million policies in the UK after the acquisition.

Sep 24, 2015 2:16 AM EDT