Fiat Chrysler Automobiles NV has purchased 5.5 million emission credits from Toyota and Honda. Another one million credits from Tesla. Fiat Chrysler ended 2014 with a credit balance and without this purchase also, it would have been emission compliant, according to a report from the Environmental Protection Agency. Fiat Chrysler ranks last in fuel efficiency when compared with rival auto majors.

Dec 20, 2015 09:23 PM EST

Unlicensed doctor infected 280 people in Cambodia with HIV because of reusing the syringe.

Dec 18, 2015 10:15 PM EST

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 05:36 AM EST

The US Federal Reserve has increased the interest rate by quarter percentage. Will it bring back the economy to normal, asked the economists. Purely linking interest rate hike, inflation and oil price drop doesn't serve the purpose., caution economists. There's also associated risks for emerging markets as well, caution economists.

Dec 20, 2015 09:31 PM EST

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 09:43 PM EST

Deutsche Wohnen warned its shareholders that the Vonovia SE $10.9 billion hostile takeover on the company will fail.

Dec 17, 2015 09:04 PM EST

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 08:12 PM EST

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 08:09 PM EST

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 04:29 AM EST

IMF's board has confirmed that Russia's holding of Ukraine bond is sovereign debt, but not a commercial bond. The due date on payment of Ukraine bond is 20 December. Russia is gearing up to take legal action if Ukraine doesn't pay within a 10-day grace period.

Dec 17, 2015 03:36 AM EST

The U.S. White House decided to delay Boeing 747 order for the new Air Force One upgrade to fiscal 2017. The congressional negotiators provide less than expected spending bill for the presidential aircraft

Dec 17, 2015 03:34 AM EST

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 04:26 AM EST