Investors withdraw from US Oil Fund amid rising volatility
The high volatility in the global oil market has led to huge offloading in 'The US Oil Fund.' 19.3 mn shares were sold off making it a record weekly redemption since the ETF inception in 2006. global economy slowdown particularly adverse conditions in China market are adding to the volatility in oil price.
Sep 10, 2015 07:01 AM EDT
Uber Customer Approach Varies Widely in NYC, DC and Seattle
Uber’s approach in dealing with customers differs widely in each region. New York is all about the busy people, Seattle is all about being utilitarian, and Washington D.C. is all about the staff of the politicians and government officials.
Sep 10, 2015 06:45 AM EDT
Toshiba Posts 37.8 Million Yen Net Loss Amid Accounting Turmoil
After being delayed twice, Toshiba finally submit its books reporting posted a net loss of 37.8 billion yen ($318) for the last 12 months to March 31 amid its recent accounting scandal.
Sep 10, 2015 06:38 AM EDT
Uber Plans Expansion to 100 Cities in China and Take on Biggest Chinese Rival
Uber plans to expand to 100 more cities in China when it raised $1.2 billion to contest China’s number one taxi-hailing company Didi Kuaidi.
Sep 10, 2015 06:35 AM EDT
5 Common Pit Holes to Avoid in Launching a Virtual Company
There are five common pit holes that must be avoided to run a successful virtual company.
Sep 10, 2015 06:27 AM EDT
Understanding What IRS Doesn't Say on Section 1038 - Exclude Gain Sale of Home and Recognize Gain on Repossession
Understanding what the IRS Code says is not enough; it is also important to understand what it doesn’t say, as what recently happened with the DeBough case.
Sep 10, 2015 06:05 AM EDT
After 3 attempts, ICE to launch Singaporean Futures Exchange in November
After withdrawing from launching plans of Singapore Futures exchange for three times, ICE has set a date for launching it on 17 November. It'll offer five five futures contracts in Brent, gasoil, gold and two contracts in Yuan currency.
Sep 10, 2015 05:59 AM EDT
UK Stocks Rises for the Third Day Since Turn of the Week, Glencore Leads Miners Higher
UK stocks rises for the third day closing at 6,2229.01, up 1.35 percent yesterday marking this week as the best week since April
Sep 10, 2015 05:46 AM EDT
Feared Death Cross Can Be Heralding Good Days If History Repeats Itself
Recent Death Cross signals market rallies instead of market crash if history repeats itself.
Sep 10, 2015 05:26 AM EDT
Facebook Business Page gets a Mobile Friendly Update
Facebook announced on Tuesday that the new update will allow businesses to make full use of the platform to engage with their customers.
Sep 10, 2015 05:16 AM EDT
Chinese leaders concern over state of economy
For the first time ever since Chinese economy started slowing down, the country's leaders expressed concerns over the current situation in the domestic market. China President Xi Jinping called the economy slowdown as 'The New Normal.
Sep 10, 2015 04:53 AM EDT
Smarketing is the new buzzword
With the changing customer behaviour, a new strategy called smarketing is needed for future small business owner to generete high revenue for the company
Sep 10, 2015 04:36 AM EDT
Tesco disposed off South Korean unit to pay its debts
Tesco's debt-laden balance sheet already piled up and Tesco CEO has to do something about it. This forced him to sell the South Korean unit to MBK Partners Ltd to ease the burden of the grocer retailer and focus more on the home store.
Sep 10, 2015 04:33 AM EDT
Start ups yet to catch up digital content marketing
majority of start-ups and small entrepreneurs have a long way to go in exploring digital content marketing platform, which is revolutionizing the way promoting products and services across the world. Mobile phones are playing a vital role in digital content marketing.
Sep 10, 2015 04:28 AM EDT
Bag Snob Launches Online Shop
Tina Craig and Kelly Cook’s handbag blog site Bag Snob officially launches online shop this month with amazing features.
Sep 10, 2015 03:45 AM EDT