Rising home values boost American household wealth
American equity recovered from the slump of the 2009 recession. Adding to the sale of homes, couples working extend the family's purchasing power.
Sep 23, 2015 9:12 AM EDT
EU's proposal on refugee quota evokes mixed reaction
Airming to resolve the refugee crisis for European nations, EU has prepared a proposal with quota sharing on 120,000 immigrants among 28 members. Germany and other major nations supported the proposal, while some countries voted against it. However, EU has stated that it'll go ahead with the proposal.
Mark's younger sister, Arielle Zuckerberg will join Kleiner Perkins as an associate partner
Kleiner Perkins Caufield & Byer recruits Arielle Zuckerberg as an associate partner. Mark Zuckerberg's younger sister will start on October 19.
China's president starts his first official US visit
Xi Jinping and his wife are visiting the US for a week as the country is trying to strengthen its relationship with the US. During this visit, Xi Jinping will also meet Obama as the two leaders will discuss military policy.
Latest News
Brazil to host its own Internet high-speed exchange point away from the U.S. - Telebras
Brazil will install its own submarine cable starting 2017. It would boost the country's Internet speed and would avoid the U.S. secret surveillance.
Sep 23, 2015 4:33 AM EDT
EU court orders airlines to compensate passengers for flights cancelled or delayed
Ryanair along with the other airlines with flights in UK will be held accountable for passenger delayed flights and cancellations due to technical reasons. Each passenger will be compensated depending on the distance of their flight.
Sep 23, 2015 4:32 AM EDT
Volkswagen credit spreads rose despite pollution controls evasion
Volkswagen is proven of deceiving EPA in regards with its car emission levels forcing the agency to officially charge the German automaker what is due them. VW's credit spreads widened the fact it faces a maximum fine of $18 billion.
Sep 23, 2015 2:33 AM EDT
Tsipras to push bailout package, hike taxes
Soon after coming back to power for the second time in lthe same year, Alexis Tsipras is making measures that support the third round of euro 86-bn baiklout package. He inducted two baikout negotiators into the government economic team. Barring two parties, remaining all the parties are supporting the bailout package.
Sep 23, 2015 2:26 AM EDT
Volvo is developing Project ROAR; a robot that would collect your trash
Volvo teamed up with tech universities to develop the Project ROAR. It is a robot that discreetly collects the trash in the garage. ROAR would begin testing in June with Renova.
Sep 22, 2015 6:30 PM EDT
Fujifilm released new instant camera with a twist
The new instant camera by Fujifilm brings back the old wide film shot providing user with a better panoramis picture. The new camera also comes with a retro design during the time when Polaroid was still making its camera.
Sep 22, 2015 6:24 PM EDT
Apple's iOS App Store Gets Invaded By 'XcodeGhost'
First time in history that Apple's iOS App Store got attacked by several malicious software reaching to more than 300. XcodeGhost as it was called penetrated into Apple's technical defenses causing confusion and technical problems.
Sep 22, 2015 6:20 PM EDT
China President calls for punishing cyber hackers
China President Xi Jinping ahead of his US tour called for punishing the cyber hackers, while making it clear that his government doesn't engage in hacking. Our government wouldn't support Chinese companies engaged in such activity, Jinping said. Meanwhile, US National security advisor issues a warning to China for stopping state-backed cyber theft. The issue of cyber crime is likely to be main topic of disuccsion at the crucial meeting between Obama and Jinping.
Sep 22, 2015 6:18 PM EDT
Decline in drilling, oil prices up
The drop in oil inventories and shut down in drilling activity for the past 3 weeks have pushed oil prices upwards. Oil crude rose 4.5% to $46.68 per barrel and US Brent price rose $48.91 a barrel on Monday.
Sep 22, 2015 6:13 PM EDT
Australian banks close 13 bitcoin firms' accounts
Four Australian banks have closed down the accounts of 13 bitcoin firms following the stricter norms on anti-money laundering and terrorism finance. The Australian banks have already sent letters to 17 more bitcoin firms stating that their accounts will be closed down.
Sep 22, 2015 10:10 AM EDT
Broadband spread in SA unplugs 'video on demand' biz
With spreading of fibre optic broadband network in South Africa, many video on demand service providers are entering the market to explore the untapped potetnial. Already five companies launched their video on demand services. US video streaming giant Netflix may also enter the makret very soon.
Sep 22, 2015 10:09 AM EDT
Apple Inc. targets Project Titan's shipment in 2019
Apple is pushing Project Titan to be ready in 2019. Current development includes adding 1200 employees to the team and having discussions with the DMV about autonomous car laws.
Sep 22, 2015 9:50 AM EDT
Most Popular
Newsletters
Stay ahead in finance. Subscribe for expert insights, market updates, and investment strategies. Join our newsletter to secure your financial future.
Latest News
