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Saudi Arabia Has First Election with Female Voters and Female Council Seat Winners

Saudi Arabia completed its first election earlier this week with women able to vote and compete for local council seats. 20 women were elected.

Dec 18, 2015 3:56 AM EST


California set out policies for Google's driverless cars

Google is working hard to bring driverless cars on roads as soon as possible. But California has announced a new set of regulations, which includes the presence of licensed driver on the front seat and special certification. The technology Roll-out is expected to get delayed till 2017 at least.

Dec 17, 2015 10:27 PM EST


After the Outbreak, Chipotle Struggles To Find Alternative Food Peparation Method

After a devastating series of food poisoning in its restaurants nationwide in 2015, Chipotle has to change their food preparation practice.

Dec 17, 2015 9:54 PM EST


The Aftermath of China Smog Red Alert

For the first time in since adopting the four-tier emergency response program for air pollution, last week Beijing issued red alert for smog as the air pollution in China get worse.

Dec 17, 2015 9:51 PM EST


Amazon pulls out hoverboards, questions safety, after fire-related incidents

After a series of hoverboard fire incidents made it to the headlines, Amazon is pulling out the device from its store and is questioning its standards.

Dec 17, 2015 9:01 PM EST


U.S. bombing on ISIS oil facilities finally taking toll

US-led bombing on ISIS oil facilities is finally taking effect, bringing the terrorist group’s $500 million a year income from this business down to only a fraction.

Dec 17, 2015 8:12 PM EST


EBay to Set Up outposts in Shopping Malls to help people sell gift they didn't want after Christmas

To gain more sellers and help people sell their unwanted Christmas gifts, eBay will be setting up physical shops in Westfield Malls on December 26 to 27.

Dec 17, 2015 8:08 PM EST


Wells Fargo Donates $50,000 for San Bernardino shooting victims

Wells Fargo & Company announced Tuesday that it will give $50,000 to the San Bernardino United Relief Fund to help the families of the victims of the shoot out.

Dec 17, 2015 8:07 PM EST


Soon to Come: Droneport, Airport for Drone

Aerodrome will build the world first droneport in the Boulder City, Nevada. This facility is approved by FAA for training and certification of drone pilot.

Dec 17, 2015 7:09 AM EST


Frutarom buys Wiberg: Raises its sales target to $2 billion by 2020

Israel’s Futarom, leading flavor and fine ingredients maker has announced that it is to acquire Austrian savory flavor maker Wiberg for $130 million. Futarom has aimed its sales target to $2 billion by 2020.

Dec 17, 2015 4:21 AM EST


Pravin Gordhan returns as new Finance Minister: South Africa’s banking index goes high

South African President Jacob Zuma has decided to reappoint Pravin Gordhan as Financial Minister after removing David van Rooyen from the position. Gordhan will take over this position again which he had held previously for five years. Following this, shares in South Africa’s banking index surged to 15 percent.

Dec 17, 2015 3:54 AM EST


Major U.S. Banks Raise Prime Rates After Federal Reserve Hike

Major U.S. banks raised their prime rates, a benchmark for a wide range of consumer and commercial loans, for the first time since 2006 on Wednesday, following a rate hike from the Federal Reserve. While the Fed has no direct influence on the prime rate, it is typically closely correlated to changes in the target federal funds rate.

Dec 17, 2015 3:51 AM EST


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