Articles by Staff Writer

China's 170 Megawatts of Solar Power to be built by SunPower

SunPower Corp will build new three power plants in China in co-operation with Tianjin Zhonghuan Semiconductor Co. and other partner. As government plan to free monopoly in electricity.

Nov 19, 2015 07:07 AM EST


Pfizer has been shifting profits overseas longer than most think

Pfizer's plan to acquire Allergen is getting much criticisms since it would mean the giant drug company's headquarters and taxable profits to Ireland.

Nov 19, 2015 06:52 AM EST


McDonald's in former Taiwanese leader's house in China Gained Controversy

McDonald's opened a McCafe franchise in the historic house of former Taiwanese leader Chiang Ching-kuo in Hangzhou, China that sparked controversy.

Nov 19, 2015 06:42 AM EST


Hired Gun-Hacking Played Important Part In JP Morgan, Fidelity Breaches

U.S prosecutors this week charged two Israelis and an American fugitive with raking hundreds of millions of dollars.

Nov 19, 2015 06:29 AM EST


Chevy Camaro named Motor Trend Magazine's Car of the Year

The Chevy Camaro is named as the Car of The Year, while the Chevy Colorado gets the Truck of the Year honors given by Motor Trend Magazine.

Nov 19, 2015 05:31 AM EST


Russia comes up with new strategies to stabilize crude output for the next two decades

Russia plans to stabilize its crude output by squeezing all the oil it can get from Soviet-era discoveries as sanctions and declining prices delay exploration projects.

Nov 19, 2015 04:30 AM EST


Indian Rupee dropped after Boost in Consumer Prices

India's rupee dropped 9 paise to 66.12 against US dollar Wednesday after reports of boost in consumer prices and the looming December fed rate hike.

Nov 19, 2015 04:21 AM EST


Fiat reintroduces the Spider Roadster to attract more customers

Fiat Chrysler Automobiles NV will reveal the new 2017 Fiat 124 Spider Wednesday at the Los Angeles Auto Show to increase sales.

Nov 19, 2015 04:11 AM EST


South African Inflation Rose to 4.7% in October

South African inflation in October rose to 4.7%, in line with the forecast.

Nov 19, 2015 03:57 AM EST


Audi, Somerville working on infra supporting self-parking cars in 'two to three years'

Audi is working with Somerville, Massachusetts to develop an infrastructure with a technology that could support self-parking cars.

Nov 19, 2015 02:56 AM EST


Salesforce Q3 profit beats forecast

Salesforce has adjusted its third quarter profit that surpassed forecasts. Encouraed wtih improving operating margins, the cloud-based software maker has increased its forecast for the year ending January 2016. The increasing demand for cloud software is enhancing company's financial performance.

Nov 19, 2015 02:53 AM EST


IBM Watson Trend App forecasts trend products for holidays

IBM launched an app to predict trending products on holidays, called IBM Watson Trend App. The app helps the consumer to find out the hottest products for holiday gifts.

Nov 19, 2015 02:45 AM EST


Kurdistan bypasses Baghdad; looks to more buyers for oil

Kurdistan Regional Government (KRG) is bypassing Baghdad to continue oil exports independently. After waiting for its righteous share in budget allocations, KRG has decided to go ahead with oil exports on its own. It's taking several measures to avoid Baghdad's detection in oil exports.

Nov 19, 2015 02:00 AM EST


Construction scandal in Tokyo hits property sales

The data manipulation pertaining to piles' strength has been creating tremors in the Tokyo's apartment market. The ongoing probe into 546 projects is impacting the market as buyers prefer to wait and watch until total clarity emerges. Some developers have even postponed their apartment sales.

Nov 19, 2015 01:40 AM EST


Metals prices soften on slump in Chinese consumption; Zinc at 6-year low

The metals prices are dropping continuously owing to bleak demand in the China's market, the world's biggest consumer of metals. The metals prices fell to 2010 level low while zinc is trading at a six-year low. The slump in China's commodity market is also causing an oversupply.

Nov 19, 2015 01:27 AM EST


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