HTC plans to release its new Android smartphone called One X9. The smartphone is targeted toward midrange market, and will go on sale in early 2016.

Dec 17, 2015 03:15 AM EST

South Africa's rating has been downgraded by Moody's from stable to negative. The sluggish economy, rising risks and political pressures are primary reasons for downgrading. The most developed nation in Africa is lagging in human and physical infrastructure resources. The country needs to enhance the skills set of people to make them employable.

Dec 17, 2015 01:53 AM EST

The year-long price weakness in oil is helping airlines post record level profits. During the last nine months of 2015, the US aviation industry recorded over 60 percent growth in profits. Fuel account for 30 percent of operating expenses of airlines. The drop in oil price is boosting operating profits. Airlines are also passing the oil price drop benefit to passengers as they slashed airfares.

Dec 17, 2015 01:41 AM EST

Foreigners offloading in US Treasuries reached its peak in October. China has been selling US debt after devaluing the Yuan. China also offloads through its Belgium third party account. Many other countries are also selling US Treasuries ahead of US Federal Reserve meeting.

Dec 16, 2015 10:11 PM EST

Ekster, the calf leather built smart wallet, introduced by Kickstarter, Phorce appointed marketing agent, is witnessing a huge customer demand due to its unique features which include securing preserved cards through wi-fi, GPS tracking of lost device, super power storage capability as well as recharging to other devices.

Dec 16, 2015 06:25 AM EST

Google’s Tuesday’s announcement on bringing new designer watch faces to the Android Wear portfolio in collaboration with nine other crop designers, provides the users an opportunity to imagine smartwatches in more personalized and contextual manner.

Dec 16, 2015 06:20 AM EST

Concerns over rising air pollution and keeping the coffers full- two major issues need to fight for, by the Delhi Government. But since air pollution has reached to its hazardous level, a single path left for Kejriwal government to choose. Suggestions to opt for petrol run car while discouraging diesel run cars, facilitating city dwellers with more transport buses on government’s behalf and ignoring lower price of diesel on citizen’s behalf, may be the effective measures while combating climate change.

Dec 16, 2015 06:15 AM EST

New Zealanders have chosen a design for a new national flag.

Dec 16, 2015 06:09 AM EST

Microsoft has formed a new philanthropic arm to improve access to technology to combat some of world's challenging problems. Brad Smith, the software giant's President and Chief Legal Officer announced on Tuesday that the new philanthropic arm, Microsoft Philanthropies will focus on driving greater inclusion, and empowerment of people who do not yet have access to technology and the opportunities it offers.

Dec 16, 2015 06:05 AM EST

A year ago, Lyft introduced a new way to pay its drivers which offered more money based on the number of hours a driver clocks. But this system was easy to manipulate, forcing the ride-hailing company to rethink its strategy. Now Lyft have decided to distribute bonuses based on number of rides a driver makes instead, which is definitely hard to falsify. So if a driver clocks 100 rides a week, 30 of them during peak hours, she gets the full price of the ride.

Dec 16, 2015 05:54 AM EST

Shazop is a brand new comparison shopping site, where shoppers can select designers dressers, shoes, and handbags, all from over 60 different retailers such as Neiman Marcus, Saks Fifth Avenue, Shopbop, Nordstrom, and Macy’s - and compare size and prices. Shazop has become the new addictive clothing shopping website and could revolutionize the shopping for high-end fashion store.

Dec 16, 2015 05:47 AM EST

Lufax, a Chinese peer-to-peer lender and broker, is close to completing a round of fundraising valuing the company at about US$18 billion, according to people with knowledge of the matter. The company, which recently changed its name to Lu.com, is raising almost US$1 billion from the sale of a roughly 5 per cent stake, said one of the people, asking not to be identified as the information is private.

Dec 16, 2015 05:45 AM EST

Did you know that if you look at the iPhone photographs in Apple adverts the time is always set to 9:41 A.M. This is the time Steve Jobs unveiled the iPhone. This article will introduce you to such more interesting facts about technology giants, including Facebook, Apple, and Google.

Dec 16, 2015 05:40 AM EST

Crude Oil fell below $35 a barrel in New York for the first time since 2009 as Iran reiterated its pledge to boost crude exports, bolstering speculation OPEC members will exacerbate the global oversupply. Futures fell 1.8 percent to $34.99 a barrel in New York, the lowest since Feb. 19, 2009.

Dec 16, 2015 05:29 AM EST

Canadian Prime Minister Justin Trudeau is going to devise and implement a system to effectively legalize and regulate marijuana. In a step towards this Trudeau's administration repeated its pledge to legalize marijuana in a speech outlining its agenda as parliament resumes after the 19 October election. The government however will restrict the access to it to prevent misuse.

Dec 16, 2015 05:24 AM EST