Israeli investment firms get $665 million in 2016
Israel is witnessing an increasing number of new venture capital (VC) firms coming up. The country registered an inflow of $665 million VC funding during the first two months of the year. Unfazed with the recent market crash, the funds inflows continue for Israel startups.
Mar 01, 2016 8:53 AM EST
Marathon Oil plans to sell shares through public offering
Marathon Oil announced its intention to sell 135 million of common shares through a public offering. The ongoing slump in the global oil industry has led many oil firms to undertake the cost-cutting strategy to keep hold of their cash level.
Converse Revealed New Concepts and Approach in Chuck II Reflective Print Collection
Converse is adopting a new approach to update its Chuck Taylor shoes. The shoemaker revealed its newest Chuck II Reflective Print collection with an improvement in functionality and visual features to offer users a brand-new style and experience.
Google To Glorify Consumer Friendly Image with 'Chrome for Work Assist' and 'Chromecast Audio'
Recently, Google has released video demonstrating operations of its Chromecast Audio featured by popular actors. On Monday, Google has announced another feature, 'Chrome for Work Assist', which offers 24/7 phone and email based customer support for businesses. Through these efforts, Google is probably trying to glorify its image as a consumer friendly entity.
Latest News
Valeant Pharmaceuticals Shares Plunges After SEC Investigation
Canadian pharmaceutical company shares dropped 18% on Monday, as the company admitted being under investigation by U.S. Securities and Exchange Commission.
Mar 01, 2016 8:42 AM EST
Data Showed More Tech Workers Are Leaving Silicon Valley
Cities like Austin, Texas, and Seattle, and Seattle have become a new target for tech workers. They are areas in which the tech startups are increasing in large number.
Mar 01, 2016 8:41 AM EST
Puerto Rico Desperately Needs US Help to Handle Debt
Puerto Rico, the island territory of U.S. is in the crisis due to its surmounting debt. Governor Alejandro Garcia Padilla repeated the island's debt will lead to moratorium.
Mar 01, 2016 8:40 AM EST
Volkswagen Introduced Its New Luxury Sedan, Only for China Market
Volkswagen unveiled Phideon as its new luxury car today, ahead of Geneva International Motor Show. The successor of Phaeton will only be sold in China.
Mar 01, 2016 8:38 AM EST
Palo Alto Networks, Splunk and Salesforce Drove Nasdaq Up
Following slow start of the year, tech companies began to come to life. As Palo Alto Networks, Splunk and Salesforce.com brought Nasdaq to soar 2% in the last five trading days.
Mar 01, 2016 8:37 AM EST
January gold purchases in India rises by 62%
Gold purchase in India increased 62% during the month of January. The government lifted the import duty on gold citing the growing prices in global market.
Mar 01, 2016 8:36 AM EST
The Sacramento Kings Collaborates with Local Investment Firm to Host NBA's First Tech Startup Contest
The Sacramento Kings announced a tech startup contest for local entrepreneurs. Supported by local investment firm Velocity Venture Capital, finalists will get an opportunity to pitch their ideas to judges and a chance to win a cash prize and consultation sessions with the Kings executives.
Mar 01, 2016 8:33 AM EST
Greece Recalls Its Ambassador in Austria Over Migrant Dispute
Greece recalled its ambassador from Austria, following Austria's decision to close its border for migrant. While majority of people are not satisfied with government's way in handling economic crisis.
Feb 29, 2016 9:35 AM EST
ChemChina Seeks $35 Loans to Complete Acquisition Transaction with Syngenta
Earlier this month, Chinese state-owned company ChemChina reached an acquisition deal of $43 billion with Swiss company Syngenta. After clearing regulation requirements in China, ChemChina is now seeking out loans of more than $35 billion from bankers to fund the purchase.
Feb 29, 2016 9:34 AM EST
Japan Finance Ministry Recruits Fashion Editor to Encourage Women to be More Involved in The Country's Economy
The Japan Finance Ministry is organizing a seminar for women covering the topics on the country’s fiscal policy. Women’s fashion magazine editor-in-chief Hiromi Sogo will serve as one of the six female speakers encouraging women to take a more active role in the country’s economy.
Feb 29, 2016 9:32 AM EST
SpaceX Aborted Its Third Attempt to Launch Falcon 9 Rocket Due to Technical Difficulties After a Delay
SpaceX aborts its third attempt to launch its Falcon 9 rocket, which is designed to land its booster on a platform, making spaceflight more affordable. The abrupt scrub, just seconds before the liftoff, was due to an unexpected delay that caused the fuel to fail.
Feb 29, 2016 9:30 AM EST
Lumber Liquidators Stock Dropped as Cancer Risk Arose
Following CDC announement of the risk of carcinogen in its product, the company's stock plunged since last week. Lumber Liquidators is trying hard to win back trust from customers and investors.
Feb 29, 2016 9:28 AM EST