Result Page 198 for Latest News News & Archive

News

Rolls-Royce dragged into Brazil's corruption scandal, accused of giving kickbacks to authorities investigating Petrobras

Rolls-Royce is allegedly involved in the giant Brazilian Scandal involving bribery among officials to win contracts with state-owned oil giant Petrobras.

Sep 01, 2015 11:54 PM EDT

News

Greece elections: Clear mandate holds the key on $96-bn bailout package

Greece is heading for elections next month as Tsipras-led Syriza Party and Evangelos Meimarakis-led New Democracy Party are in the fray. Unless there's a clear majority, no party can take key decisions on the third-round of the bailout package, over which Tsipras opted for elections to seek new mandate from the people.

News

Chinese funds inflow creates jobs in US, but concerns also

Chinese companies have established their factories and business operations in the US. Though Chinese funds inflow created jobs in the US, the dragon country's presence has become a cause of concerns fo America. Yuan depreciation is making rounds in the US election campaign also.

News

Foxconn Technology denies termination of $1B investment in Indonesia

Contrary to the reports, Foxconn denies the allegation that they are pulling out the $1B investment deal in Indonesia.

Fiat Chrysler offers $100 debit cards to those affected with US vehicle recall

Fiat Chrysler lures owners of recalled vehicles $100 debit card for repairs and discounts of up to $2000 for those who opt to trade in and purchase new cars.

Sep 01, 2015 11:36 PM EDT

Chipotle sued for GMO-free food claims

Chipotle claimed that it is the first restaurant to offer GMO-free food but one customer challenged their claim as misleading.

Sep 01, 2015 11:33 PM EDT

Google's OnHub promises better Wi-Fi

At this point, Google's OnHub is out on stores. It is a wireless router which costs $200. There are speculations that Google made it to connect devices under Google Weave; the Internet of Things.

Sep 01, 2015 11:30 PM EDT

China manufacturing woes continue: PMI index slips below 50 pts

The slowdown in Chinese manufacturing sector continued in August pushing the PMI below 50 level, which indicates the deceleration in the industry. The drop in orders for new work and export demand is the major reason for dip in manufacturing industry's output.

Sep 01, 2015 10:16 PM EDT

Google lets Android Wear smartwatches work with iPhones

Google latest smartwatch will hit the market and it will be compatible with iOS. As for now, LG smartwatch, the Watch Urbane, is the only smart watch that is compatible with iOS.

Sep 01, 2015 10:10 PM EDT

Europe is far behind in its electronic waste recycling target

Europe did not even reach half of its initial goal to effectively recycle 85 percent of its electronic wastes, study says. It is in European law to recycle electronic wastes or objects that come with a battery or plug.

Sep 01, 2015 10:05 PM EDT

Around 200 people arrested in China for spreading stock market rumors

Chinese authorities arrested 197 people for spreading rumors that can lead to troubles. The rumors they have spread included a man jumping to death in Beijing because of the drop in stock market.

Sep 01, 2015 9:40 PM EDT

Tesco plans to sell Iron Maiden's The Book of Souls in vinyl

Big supermarket chain Tesco has long been selling records but recently, it plans to add a more modern format into their offered products.

Sep 01, 2015 9:35 PM EDT

Walmart reduces working hours at some stores after raising pay, thus raising cost

Walmart cuts working hours on 4,600 stores. Reports said this is due to Walmart's $1B lost when the retail company increases its workers' wages last April.

Sep 01, 2015 5:18 AM EDT

Athens goes for gas grid privatization

Greece is in favor of selling stake in energy grid to Azerbaijan government company. This is subject to the outcome of general elections and clearence of third round of bailout package. Greece aims to be energy transport hub for eastern European nations.

Sep 01, 2015 5:09 AM EDT

Alibaba Pictures lost $24M in first semester amid twists and turns

Alibaba Pictures Group, the film-making unit of the Chinese e-commerce giant, announced Friday that it lost 151.8 million Yuan ($24 million) in the first half of 2015.

Sep 01, 2015 4:38 AM EDT

Formula One Teams Burn up $300 Million of Debt, 64.2% from Lotus

10 F1 teams are under a total $300 million worth of debt, with Lotus accounting to 64.2% of the debts. Just last month, Lotus was ordered by the courts to pay almost £600,000 of debts. This was after it failed to pay 27 of its bills.

Sep 01, 2015 4:35 AM EDT