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Deutsche Bank transfers $6B by mistake to a US hedge fund client

Deutsche Bank mistakenly transferred a sum of $6 billion to a US Hedge Fund client. This incident has brought Deutsche Bank' operational and risk control systems under scrutiny.

Oct 23, 2015 01:03 AM EDT


Australian cruise industry shows rapid growth, Aussie cruisers explore their "bucket list" destinations of Australia and New Zealand through cruising

With a million passengers sailing away into the Australian waters, the cruise market is reportedly growing rapidly. With that, many cruisers want to explore destinations of Australia and New Zealand through cruising.

Oct 21, 2015 09:42 AM EDT


AMEX offers better perks compared to other credit cards? Saving money possible through American Express

Amex cards allegedly offer more opportunities and dicounts to save money. And just recently, it is claimed that Amex cardholders can easily access a variety of discounts online compared to other cards

Oct 22, 2015 07:19 AM EDT


United Tech third quarter profit falls

United Technologies Corp profit falls to $1.36 billion in the third quarter as sales from its product decreases due to wild currency swing. The company also announces shares buyback to increase its intrinsic value causing the share price to rally.

Oct 21, 2015 12:44 AM EDT


Nexus 6P: Google’s New Generation of Android Phablet with Better Size and Price

The new generation of Google's Nexus 6P phablet has been released. Powered by Qualcomm Snapdragon 810 octa-core chip with 3GB of RAM, it offers faster user experience on web browsing, taking photo anad social media.

Oct 21, 2015 10:32 AM EDT


It's time for rate hikes - Fed officials

More and more Fed officials are encouraging starting the interest rate hikes to keep up with the looming inflation rate increases due to the economic growth.

Oct 21, 2015 09:46 AM EDT


Opinion among Federal Reserve Policymakers on U.S. rate hike isn't as divided as it seems

There are opposing views on the interest rate hikes among Fed officials, but there are others who believe that this division aren’t truly as they seem, since they all operate under the same procedure when considering rate hikes.

Oct 21, 2015 12:20 AM EDT


Teenage hacker cracked CIA director's email, targets Trump and Hillary next

A student hacker revealed he had breached CIA Director John Brennan's AOL email account. According to his Tweeter post, his next prospect are presidential candidates, Donald Trump and Hillary Clinton.

Oct 20, 2015 09:24 PM EDT


Top 3 Destinations In England That You Must Not Miss

England prides many tourist destinations that are visited by tourists worldwide.

Oct 21, 2015 09:25 AM EDT


Honda to unveil the new concept of mini cars: Honda Wanders

Honda's new micro cars will be unveiled in the 44th Tokyo Motor Show 2015. The micro-cars series including Honda Wander Stand and Honda Wander Walk that will offer freedom of mobility with high tech controls.

Oct 22, 2015 01:19 AM EDT


Blackstone to acquire Manhattan's Stuyvesant Town for $5.3 Billion

Blackstone Group LP is nearing a deal to acquire the Manhattan's Stuyvesant Town for $5.3 billion and ending the housing crisis there. The company is set to sign a deal with the Mayor, Bill de Blasio and CWCapital this Tuesday

Oct 20, 2015 09:19 PM EDT


Uber-like startup, Yidao Yongche receives $700M of investment

Yidao Yongche announces that the company had received $700 million in investment from LeTV. The investment is putting the company valuation to $1 billion.

Oct 20, 2015 09:11 PM EDT


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