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Investcorp buys hedge fund of SSARIS

Bahrain-based Investcorp Bank has bought hedge fund business of the US-based SSARIS Advisors. With the acquisition, Investcorp aims to double its assets under management over next seven years. The Bahrain's bank will also get clients from the US, Asia and European markets.

Nov 10, 2015 02:13 AM EST


Opera's Max Data-Savings App to be Pre-Installed On14 OEMs

Opera's new data-management app Opera Max will be pre-installed into phones from 14 OEMs to 100 million Android phones by 2017.

Nov 09, 2015 10:58 PM EST


China's imports plunges 12th month in a row

China's import dropped 18.8 percent to $130.8 billion in October for the 12th consecutive time, according to official data revealed Sunday.

Nov 09, 2015 10:36 PM EST


Mixed Reaction in Asian Market As U.S. High Job Rates and Possible Fed Hike

Japanese and Chinese shares are up, while other Asia Pacific market decreases. As dollar stands high and U.S. strong jobs data may make Fed increase interest rates in December.

Nov 09, 2015 06:48 PM EST


New Mazda MX-5 offers sheer enjoyment of driving

The new 2016 Mazda MX-5 has been raking in plenty of positive reviews. It was also voted by journalists as the star of the show during the current Miami auto show.

Nov 09, 2015 11:07 PM EST


uBeam Reveals Secrets on How Wireless Power Is Possible

uBeam revealed November 7 how their wireless power technology can charge phones without wires, dispelling rumors of inefficiency and being unsafe.

Nov 09, 2015 10:27 PM EST


Google Acquires Photo Video app maker Fly Labs

Google acquired New York City-based he photo and video editing software maker Fly Labs, the company responsible for apps like Flt, Tempo, Crop, and Clips in the iOS App Store.

Nov 09, 2015 08:01 PM EST


Weyerhaeuser's Plum Creek acquisition to create $23 billion timber company

Timber giant Weyerhaeuser Co will buy Plum Creek Timber Co. Inc., for $8.4 billion, creating a $23 billion timber, land and forest firm, the largest the United States.

Nov 09, 2015 07:55 PM EST


Recovery in Greek economy likely in 2016; 2.7% GDP growth in 2017

Crisis-hit Greece economy is expected to witness recovery next year and a possible GDP growth rate of 2.7% in 2017, according to the latest report from IMF.

Nov 10, 2015 12:30 AM EST


Find Low Airfares with Google Flight App's Features

Google flights is an easy to use, convenient and provides instant solution to get the lowest airfares.

Nov 09, 2015 05:18 AM EST


Lavish Casino and Hotel Wynn Las Vegas to Launch New Nightclub With a New Rule, Barring Social Media

Luxurious Casino and Hotel, Wynn Las Vegas will have its new nightclub, Intrigue on April 2016. They also decided to apply a unique rule, forbidding the use of social media.

Nov 09, 2015 07:47 AM EST


Conquistadors del Cielo: A Secret Club for Airline Executives; Does It Still Exists?

Conquistadors del Cielo is said to be a secret group formed by airline executives and meeting once a year in an undisclosed location in the U.S.

Nov 13, 2015 04:43 AM EST


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