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Indiana University and Adidas Signs a $53.6M Deal

Adidas and Indiana University extended their contract to another eight years and signed the deal at $53.6 million.

Aug 21, 2015 01:55 AM EDT


Hyundai, Kia changes China executives after sales slump

Hyundai-Kia Motors change corporate structures in the hopes of improving market performance in China. The company plans to improve its selling strategies to cope with the ever-changing needs of the Chinese market with the help of new executives.

Aug 21, 2015 01:53 AM EDT


H&M Sales Rise by 16%

H&M increases sales in July by 16%, up 4% from analysts' predictions. It is already their tenth consecutive month of enjoying sales rise of at least 10 percent. H&M in its press release said that it will release its updated third quarter report on September 15 of this year.

Aug 21, 2015 01:50 AM EDT


Iran's huge potential now open for global investments as crisis-hit nation comes out of sanctions

With the five nations led by the US lifting the sanctions on Iran, the underdeveloped oil and gas sector in the fourth largest oil reserves country offers huge investment and growth potential for global companies.

Aug 21, 2015 03:39 AM EDT


Big Data in Food Production: FarmLogs helps farmers increase crop yields using flow sensors and satellite imagery

Jesse Vollmar had created a software called FarmLogs to help farmers increase production through cloud computing, enlisting significant data they needed using flow sensor technology and monitoring farm fields by using satellite imagery.

Aug 21, 2015 12:49 AM EDT


IMF dashes hopes of China; Yuan still out of fund's currency basket

The IMF board has decided to keep the current basket of currencies as it is and China will have to wait for one more year to make its currency a part of the fund.

Aug 21, 2015 12:39 AM EDT


Gazillion points not needed, Get free flight for just 4,500 Avios points through British Airlines

There may have been changes and speculations on how much points one must have to avail free flights. But British Airways Avios offers an easier and a lot cheaper way to avail these “free” flight programs.

Aug 20, 2015 03:47 AM EDT


Ashley Madison earned $1.7M from deceptive removal of member profiles; hackers revealed 36 million accounts

Hackers had released Avid Life Media's private documents indicating it has earned $1.7M charging members a fee of $20 for full deletion of their profile. Hackers proved the feature is not effective revealing online its 36 million user accounts since 2008.

Aug 20, 2015 03:41 AM EDT


Volatile Chinese markets drive nervous investors to offload

The volatility in the Chinese stock markets is pushing nervous investors to offload their investment. the slowdown in China's economy, oil price drop and possible rate hike by US Fed are impacting the market sentiment.

Aug 20, 2015 02:41 AM EDT


US energy stocks slip as oil price drop continues to 6-year low

The oil price drop to 6-year low and rise in crude inventories are taking a toll on energy companies. This put more pressure on trading in energy stocks on Wall Street. The market forecast of interest rate hike by Fed also further dampened the sentiment.

Aug 20, 2015 02:31 AM EDT


StoreDot's $18M funds will be used to develop a five-minute charging of electric cars

StoreDot had acquired $18M funds. The startup company produces flash batteries that charges smartphones by only 30 seconds. The obtained capital would be used to develop a five-minute charging batteries for electric vehicles.

Aug 20, 2015 02:10 AM EDT


Square Cash, the new app on Apple Watch, make fund transfer easy with a few taps

The just released app on Apple Watch 'Square Cash' offers several options for users to transfer funds to family members, friends for free of cost.

Aug 20, 2015 02:04 AM EDT


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