Brazil's unemployment rate down 7.5% November, surprising analysts
Brazil's unemployment rate went down 7.5 percent in November, whichis lower than the 8 percent that 37 analysts from Bloomberg expected.
Dec 19, 2015 1:56 AM EST
Star Wars fan goes on epic rant after Egypt cancelled the movie due to faulty copy
IMAX Theatres in Egypt cancelled the screening of Star Wars: The Force Awakens sending one fan into an epic rant against the theatre company.
Village Doctor in Cambodia Infected 280 People with HIV
Unlicensed doctor infected 280 people in Cambodia with HIV because of reusing the syringe. Cambodia has its own style of medical treatment, which almost everyone that sees a doctor or come to a hospital will be given an injection or intravenous drip.
Amazon Shuns Selling Hoverboards: Fire Risk Demands for Stringent Implementation of Consumer Act
Amazon, the online sales store has decided to shun selling of self balancing scooters or hoverboards after Trading Standard, Product Safety watchdog confiscated some 15,000 hoverboards, those have been brought to UK for selling. Non compliant UK plugs, faulty chargers and cables have caused fire incidences in UK, USA and Hong Kong. Moreover, faulty design containing lithium ion- powered battery emits radiation that may cause fire and so aircraft have also slapped ban on carrying any sort of self driving scooters.
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Oracle Profit Forecasts For Q 3, 4: Sluggish Growth Blamed While Currency Woes Predominates
The California based software giant’s profit forecast for the third and fourth quarter has failed touch the Wall Street investors and its price has been observed to fall by 1% in extended trading. Rising concerns over stronger Dollar has been considered as the attributed factor in forecasting while many blames for sluggish growth of its cloud business ignoring its growth figure of 31% during the last quarter.
Dec 18, 2015 5:36 AM EST
After the Outbreak, Chipotle Struggles To Find Alternative Food Peparation Method
After a devastating series of food poisoning in its restaurants nationwide in 2015, Chipotle has to change their food preparation practice.
Dec 17, 2015 9:54 PM EST
The Aftermath of China Smog Red Alert
For the first time in since adopting the four-tier emergency response program for air pollution, last week Beijing issued red alert for smog as the air pollution in China get worse.
Dec 17, 2015 9:51 PM EST
Orders from Obama Administration: The Colorado Marijuana Lawsuit Rejected by the Supreme Court
Obama administration supports Colorado and asks Supreme Court to reject the neighboring state pleas. The marijuana legalization is supported by the Obama administration in this case.
Dec 17, 2015 9:43 PM EST
Deutsche Wohnen CEO warns Vonovia $10.9 Billion hostile Bid to Fail
Deutsche Wohnen warned its shareholders that the Vonovia SE $10.9 billion hostile takeover on the company will fail.
Dec 17, 2015 9:04 PM EST
U.S. bombing on ISIS oil facilities finally taking toll
US-led bombing on ISIS oil facilities is finally taking effect, bringing the terrorist group’s $500 million a year income from this business down to only a fraction.
Dec 17, 2015 8:12 PM EST
New Zealand Economy grows faster Than Q3 Forecast
New Zealand's economy grew 0.9 percent in the third quarter, faster than what was expected by economists. It was buoyed by greater spending in the manufacturing and retail sector.
Dec 17, 2015 8:09 PM EST
Soon to Come: Droneport, Airport for Drone
Aerodrome will build the world first droneport in the Boulder City, Nevada. This facility is approved by FAA for training and certification of drone pilot.
Dec 17, 2015 7:09 AM EST
Cigarettes Losing Popularity: Marijuana, the Preferred Choice for the Teens
The cigarette smoking has reduced by 55% in last 5 years. This is the first time that the reports showed an increase in daily marijuana consumption outshining cigarettes in the last 4 decades.
Dec 17, 2015 6:17 AM EST
Fed Increases Benchmark Rate: Aftermaths For Local as well as Global Consumers
Federal Open Market Committee, policy making body on behalf of Federal Reserve Bank, central bank of the world’s largest economy, has started to approach through a new path after around a decade with announcing its decision to raise short term benchmark by a quarter points. The rate hike will directly affect the short term debt holders while mid and long term borrowers will suffer with its gradual aftermaths.
Dec 17, 2015 4:29 AM EST
Global average Internet speed Grew to 5.1 Mbps while Only 5.2% Broadband Connected: Q3Y2015 Akamai Report
Akamai, the global leader in Content Delivery Network (CDN) services, aims to make internet faster and furnishes quarterly matrices on state of internet speed. The third quarter report for the year 2015 addresses the global average internet speed as 5.1 Mbps while only 5.2% internet users are Broadband connected.
Dec 17, 2015 4:26 AM EST
Frutarom buys Wiberg: Raises its sales target to $2 billion by 2020
Israel’s Futarom, leading flavor and fine ingredients maker has announced that it is to acquire Austrian savory flavor maker Wiberg for $130 million. Futarom has aimed its sales target to $2 billion by 2020.
Dec 17, 2015 4:21 AM EST
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