Result Page 30 for Latest World News & Archive

World

The Plan to File a Lawsuit Against Amazon by the NJ Mayor has been Abandoned

People from all over the world were contemplating if filing a lawsuit against Amazon is justified by NJ Mayor over traffic issues. Surprisingly, within a couple of weeks, NJ Mayor has withdrawn his decision to sue Amazon and clarifies the reason behind his sudden decision change.

Dec 14, 2015 8:50 PM EST

News

Combating Pollution in China with Smartphone App

Smartphone applications and devices can now be utilized allowing citizens in China in monitoring pollution.

World

Alibaba Ventures into the Print Media Business Buying The South China Morning Post For Around $262 million

Alibaba buys The South China Morning Post for approximately US$262 million. It is being said that that the business skill of Jack Ma, the founder of the internet giant Alibaba can surely help SCMP grow.

News

Blackberry Backs to Tracks: Forefronts Secured Androids

Blackberry possesses 1% chunk of global smartphone market, but still manages to generate $192 million revenue or 41% of global sales from selling 8,00,000 units in Q2 of FY 2016. Blackberry eyes hefty profits by Q4 of FY16 through its unique security features and those include seeking information on developer’s certificate from the apps to be run in the device, which has recognized Blackberry as the forefront in ensuring secured phones that over rides price competitiveness.

Public comments flood in as FDA seeks the meaning of “natural” in food labels

The FDA has received thousands on public comments about the use of "natural" labels on foods. The agency asks the public to comment on food labelling until February 10 next year.

Dec 14, 2015 3:28 AM EST

Embarrassing Qatar Airways Debut Flight in the U.S.

Qatar Airways first flight from U.S. ended in an embarrassing failure. Its new Airbus A350 failed to take off in New York's JFK Airport on Thursday.

Dec 14, 2015 3:19 AM EST

Jumbo jets may be heading to extinction amid changes in regulations, business dynamics

The wide-body, long-range jumbo jets are facing tough competition from new age turbofan engine technology. The new mini-jumbo jets with twin-engines and fuel-efficient offer long-haul flight. Relying on these turbofan engined aircraft, many airlines are switching away from the hub and spoke model, which has been more dependent on jumbo jets. Changes in regulations and business dynamics are seeing the days of heavy jumbo jets numbered. Airbus and Boeing suffer from lack of new orders for their wide-body aircraft.

Dec 13, 2015 10:11 PM EST

Colombian central bank hints at rate hike

The Colombian central bank is likely to hike interest rate in its meeting on 18 December. The central bank in its previous three meetings raised the interest rate. The Colombina economy is growing at faster rate than any Latin American economy. However, Colombia is still suffering widening gap of current account deficit.

Dec 13, 2015 9:47 PM EST

Chinese family businesses should learn from Vatican financial discrepancies

Two Italian journalists authored two books -- ‘Merchants in the Temple’ and ‘Avarice.’ These books highlighted the financial discrepancies at Vatican City. The Vatican Bank had a reputation of tax evasion and money laundering. The Vatican Pension Fund has €800-million deficit. Media reports say Chinese businesses have a lot to learn from the Vatican.

Dec 13, 2015 9:44 PM EST

Talks of Dow-DuPont Merger: Futuristiic Powerful Mergers Can Help to Reshape the US Corporates

The big stakes are being built in big companies by the active new investors. It will help in reshaping the US corporate structure.

Dec 13, 2015 2:09 AM EST

Yahoo! Mail now allows Gmail accounts access

Yahoo Mail added Gmail account access on it's new app with smarter contacts manager and some extra new features.

Dec 12, 2015 3:28 AM EST

Oil slump major risk for Malaysia debt

The debt-ridden 1Malaysia Development Bhd (1MDB) is in the process of selling assets to reduce its debt. Though it has already identified buyers for its asset sale, investors say the oil price slump is the major concern over the nation's financial situation. Oil revenues account for 22 percent of total Malaysian government revenues. The government is planning to impose higher taxes to compensate oil price drop.

Dec 11, 2015 10:18 AM EST

Morgan Stanley in $225 million deal with U.S. regulator

National Credit Union Administration (NCUA) filed lawsuits against banking lenders includng Morgan Stanley for allegedly selling faulty mortgage-backed securities. Morgan Stanley without admiting its fault, has agreed to pay $225 million to seele the claims. The total value of such claims recovered by NCUA reached to $2.43 billion since 2011.

Dec 11, 2015 10:09 AM EST

Wal-Mart Marketing head Stephen Quinn to retire, says WSJ

The longtime Marketing Chief Officer of Wal-Mart Store’s Inc., Stephen Quinn, plans to step down by the end of January.

Dec 11, 2015 9:58 AM EST

US imposes new sanction to North Korea: Strategic Rocket Force added to the list

Last Tuesday, the U.S. imposed new financial sanctions targeting North Korea's Strategic Rocket Force.

Dec 11, 2015 9:53 AM EST

EU warns Thailand of airline safety enhancement

Thailand’s airlines have been spared a ban from European skies despite concerns over flight safety in the country. Last Thursday, EU regulators issued a special warning over travelling on Airlines from Thailand, but stopped short of following last week’s US damaging safety downgrade for a country heavily dependent on tourism.

Dec 11, 2015 9:34 AM EST