Ever since the imposition of economic sanctions, the Russian economy is suffering from weakening foreign trade. Exports and imports, move steeply, only to drop during January-September period. Despite the rise in oil and natural gas exports, the oil price drop in dollar value is eroding the gains.

Nov 25, 2015 03:47 AM EST

U.S. authority investigates potential foreign bribery by Wal-Mart Stores Inc in its Brazil operations. The investigation unearthed some evidences.

Nov 25, 2015 03:17 AM EST

Commercialization has created trouble for SoundCloud's loyal users. Its confusing copyright policy made users lost their tracks stored in SoundCloud.

Nov 25, 2015 03:10 AM EST

Saudi Arabia keeps increasing its oil production resulting crash of crude oil price. This sparks revolt of OPEC members against the leading oil producer.

Nov 25, 2015 02:53 AM EST

George Osborne, Britain's finance minister announced on Sunday that UK will increase military budget. Britain intend to purchase several defense equipment including maritime patrol aircraft from Boeing and Lockheed Martin's F-35 fighter jet.

Nov 25, 2015 02:52 AM EST

Social media become more important to drive web traffic to news story. A publishing analytics company reported both social media and search engine is equally important.

Nov 25, 2015 02:51 AM EST

Scientists at the University of California created mutant mosquitoes that are resistant to malaria, impairing their ability to transmit the disease to humans. The breakthrough, using gene-editing technology, may help eliminate the disease.

Nov 25, 2015 02:46 AM EST

IKEA, the Swedish furniture making company announced to cut of its profit to help the refugees. It said that it will donate 1 euro ($1.06) to the UNHCR, the UN Refugee Agency, for every LED product sold. Earlier this year, it donated over thousands of specially designed shelter tents for the refugees.

Nov 25, 2015 02:42 AM EST

Alibaba Group's founder Jack Ma is in talks to buy a stake in the publisher of Hong Kong’s South China Morning Post. The move is similar to Amazon's Jeff Bezos who tries to revive the traditional newspaper in current digital age.

Nov 25, 2015 02:36 AM EST

Previously, it came into hearing that Apple has decided to acquire Facelift. But now, it officially confirmed in its statement. The Faceshift company is behind the motion capture technology used in Star Wars. The technology captures the real-time gestures of actors onto the animated characters used in film or game.

Nov 25, 2015 02:27 AM EST

The rising levels of oil inventories are resulting in more supplies and this is creating traffic jams of tankers on the seas shores and along the US Gulf Coast. The floating storage of crude oil rose three times. A number of oil tankers are queuing up waiting for offloading.

Nov 25, 2015 02:20 AM EST

Morocco will build the largest solar power plant in the world to provide electricity in the country by 2020. The first phase of the project will go online next month. Morocco also plans to export its solar energy to other countries in Europe.

Nov 25, 2015 02:16 AM EST

Activist investor Ackman has recently announced that Pershing has increased its amount of stakes in Valeant Pharmaceuticals. According to experts, this decision will play an interesting role in the besieged drug maker’s strategy.

Nov 25, 2015 02:09 AM EST

Are you a gadget freak and like to update your mobiles with the latest model launched in the market at regular intervals? The outstanding features of just launched Redmi Note 3 will surely blow your mind. Xiaomi is surprising their customers with back to back product up gradation.

Nov 25, 2015 02:02 AM EST

A bill that that may cancel the passports of people with unpaid IRS loans is going to be approved very soon.

Nov 25, 2015 02:01 AM EST