Articles by Staff Writer

Beware of USB Killer Version 2.0: It can burn your laptop

A Russian researcher nicknamed Dark Purple launched a new version of computer killer: USB Killer version 2.0. The first version of USB Killer was announced on March, 2015. Instead of storing data, 'killer USB' causes serious damage on a laptop or computer.

Oct 15, 2015 04:27 AM EDT


Diageo sells US, UK wine biz for $552m to Aussie firm

UK alcoholic beverage giant Diageo Plc is selling its wine operations in the US and the UK for $552mn (euro483mn) to Treasury Wine Estate, an Australia-based company. Treasury Wine Estate is also in the process of acquiring Blossom Hill, Britain's second largest wine brand. The acquisition deal for Diageo is subject to the approval of UK regulator and also the US anti-trust review. The acquisition deal is expected to be completed in next three months.

Oct 14, 2015 10:53 PM EDT


South Korea's bonds volatile amid uncertainty over rates

Korean bond market has been volatile as they rose on account of US interest rate and fell owing to domestic rate of interest factor. The Korean bond market is witnessing upward and downward movement owing to varied hopes on interest rate changes. .

Oct 14, 2015 09:06 PM EDT


Brazil's deepening recession worries bankers, fuels job cuts

Bankers forecast Brazil's economy would further slip three percent in 2015 and unemployment rate spiral up to 10 percent in 2016.

Oct 14, 2015 09:02 PM EDT


Asia stocks follow US shares amid China rout

Taking cues from the US markets, Asian stocks further moved lower for the second session. moderating inflation and slump in factory-gate prices in China's economy have impacted the bourses in negative way. Almost all the major Asian indices turned weaker.

Oct 14, 2015 09:01 PM EDT


It's tough time for Goldman Sachs to sell Concordia debt amid pharma disruption

The Canada-based Concordia Healthcare Corp is in the process of buying Amdipharm Mercury, a drug maker, for $1.9bn. Goldman Sachs is the underwriter and sees a bleak situation for Concordia's debt selling including $1.1 billion term loan and $762mn (GBP500mn) loan for marketing to support the takeover.

Oct 14, 2015 08:57 PM EDT


Volkswagen emissions scandal alarms China quality watchdog

Volkswagen scandal has not spared China from the software that creates false results for emission tests. This cause AQSIQ and the Chinese government to conduct a separate investigation regarding the issue. VW will be hurt most if China takes its toll on the automaker since the country comprises a third of its total global sales.

Oct 14, 2015 08:55 PM EDT


More seniors are signing up to Facebook and Twitter - study

Find out how the latest study on social media use can benefit companies who want to be more effective in their social media marketing and advertising strategies.

Oct 14, 2015 08:54 PM EDT


Carnival Cruise Line and AIDA to deploy ships in China in 2017

Carnival Cruise Line and German sister company AIDA Cruises will be sending ships in China. The two lines will join other brands in the seas of China in 2017.

Oct 14, 2015 08:20 AM EDT


Lost Luggage: Tips travelers need to know when losing or misplacing bags

Many travelers have experienced losing, mishandling, and even having damaged luggage. The most vital thought would be to ask what to do next and who is responsible for these luggage problems.

Oct 14, 2015 08:10 AM EDT


2015’s most renowned SPG Hotels for a free night redemption

The new list of favorite hotels and resorts is composed of 30 of the top destinations. Moreover, the members of these hotels and resorts can redeem their starpoints for free nights stay.

Oct 14, 2015 08:04 AM EDT


Copa ConnectMiles: How to get Copa ConnectMiles Card and other FAQs

Copa is currently offering status matches to Copa ConnectMiles. In addition, clients can now have free access to the United Clubs.

Oct 14, 2015 07:53 AM EDT


Marriott Rewards Changes: Marriott Details its New Cash + Points Awards

Marriott recently teased their upcoming changes to their Marriott Rewards program. One of the new benefits, Points Advance is functioning for a while now, but the other three changes are new to the program.

Oct 14, 2015 07:48 AM EDT


Optimistic OPEC secretary-general expects balanced oil market in 2016

The OPC secterary-general is very positive that by 2016, the oil market will regain its strength and recover from the deep plunge from the previous years. The output remains the same to control the supply and price as well. Non-OPEC countries will soon join depending on the discussion in the meeting that will be held this month in Vienna.

Oct 14, 2015 07:45 AM EDT


Facebook is testing new features for mobile shopping

Facebook wants you not only to connect with friends and family but also with brands. The social network has announced that it is testing features that will enable consumers to buy products using its app.

Oct 14, 2015 07:43 AM EDT


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