Google Ceo, Sundar Pichai will be hosting his first Google event in its San Franciso office this coming 29th September. He is expected to unveil new Google Nexus and Google Chromecast during the event.

Sep 22, 2015 02:42 AM EDT

Jessica Alba's co-founded company, The Honest Company, will provide paid parental leave to its workers starting 2016.

Sep 22, 2015 02:38 AM EDT

Diageo Plc plans to raise its stake in Guinness Nigeria Plc to 70 percent, which is a deal worth $200 million.

Sep 22, 2015 02:33 AM EDT

Three major U.S indexes closed lower on Friday after the Federal Reserve decision not to change the interest rates after Thursday's meeting. The decision brings concern for investors as global economic is expected to continue its declining pattern.

Sep 22, 2015 02:30 AM EDT

After 10 years of working on the project, the high-speed rail link between Los Angeles and Las Vegas is taking off following the signing of a deal by a group of Chinese firms with XpressWest, a US company. The China President Xi Jinping is visiting the US, during his tour next week, the project will be announced.

Sep 22, 2015 12:00 AM EDT

Caribbean islan Puerto Rico has decided to implement VAT system from 1 April 2016 onwards exempting its manufacturing industry from paying taxes on imports of raw materials. The new tax system has been designed with an aim of facilitating the much controversial $1.5-bn stimulus plan for reviving the ailing economy. The Islan has also increased sales tax.

Sep 21, 2015 11:11 PM EDT

Volkswagen might get penalized amounting to $18 billion for not complying with the Clean Air rules of EPA. The German trademark cars can be recalled by EPA since they have the authority to do so.

Sep 21, 2015 11:08 PM EDT

Apple Inc. won over Samsung in its patent infringement case. The court has ordered Samsung to halt its older products that include patent injunctions. But Samsung is less likely affected as it doesn't use such features anymore.

Sep 21, 2015 11:05 PM EDT

David Cameron and few officials have been actively meeting with European Council to seek out options best for Britain. The result whether Britain will still become an EU members or not could be known as early as next year.

Sep 21, 2015 11:04 PM EDT

Snapchat releases two new update for their apps today creating a frenzy among social media users. The new updates enables users to use animation in their snap and also allowing for more replays than previously once per day.

Sep 21, 2015 11:01 PM EDT

Banking related stocks are expected to pay more dividend to investors by next year amidst the global economic uncertainty. However, three stocks to watch all are listed on Toronto Stock Exchange as Canada have been slowly growing even during this uncertainty period.

Sep 21, 2015 10:59 PM EDT

China e-commerce sompetition is getting fierce as AliBaba and Suning had agreed to a partnership. The partnership could see both companies grow their customers with the latest O2O strategy to outrun current market leader JD.com.

Sep 21, 2015 10:08 PM EDT

Japanese electronics major Sharp Corp is in the process of reviving its LCD business unit. It's trying to access funding support from Apple Inc, for which it supplies LCD screens. Sharp is also approaching banks on revival package. On the other hand, Taiwanese firm Hon Hai has made a bidding for acquiring the LCD business of Sharp. However, both the companies didn't confirm it.

Sep 21, 2015 09:54 PM EDT

The US companies engaged in foreign trade and aviation firms find it difficult to run the show following the closure of the US Export-Import Bank (EXIM). This causes non-availability of export financing and loan guarantee for the US companies. As a result, many comapnies are planning to shift out of the US to establish units overseas. Aerospace Industries Association is lobbying with Congress members for revival of EXIM.

Sep 21, 2015 09:50 PM EDT

JPMorgan Chase & Co has indicated the possible drop in trading revenues for the third quarter following the market crash in August. The bank has alo cautioned that if interest rate is inncreased then it'll cause high volatility in treasuries market. JPMorgan is expanding its retail operations network by setting up 100 new branches over next two years.

Sep 21, 2015 02:10 AM EDT