Inflation Continues as Household Spending Declines in Japan
Japanese government need to issue a monetary stimulus to jumpstart economy. As inflation continue and CPI fell for the third consecutive month.
Nov 27, 2015 7:36 PM EST
OLA Hires the Infosys Veteran Rajiv Bansal As The Chief Financial Officer Of The Company
Ola appoints Rajiv Bansal as the Chief Financial Officer. This Infosys veteran is all set to join Ola at the beginning of the new year 2016.
Investors Are Betting Massively On The Shining Future Of Recreational Cannabis
The future of legal cannabis industry is full of predictions. Even if the industry might experience a sudden drop in the sale due to new testing rule, the wholesalers will gear up immediately to pass the microbial testing standard. Now, undoubtedly, legal cannabis industry is a lucrative place for investors to put their bets.
Postal Service Holiday Celebration With Peanuts Character
U.S. Postal Service app enables users to take selfie with classic comic characters Charlie Brown and his Peanuts gang for the holiday celebration.
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Oil prices marginally slip on glut, bleak outlook
The concerns about the geopolitical tensions in the Middle East faded out as oil price marginally eased after gaining for six sessions. Brent and the US crude oil futures were flat ahead of the US Thanksgiving holiday.
Nov 27, 2015 12:49 AM EST
US consumers spending below forecast as savings soar
The US consumer spending rose only by 0.1%, below the 0.3% forecast while savings rate rose to the highest in the past three years. According to the US Commerce Department's data for October, Americans are savings faster than spending.
Nov 27, 2015 12:04 AM EST
Nickel makers explore ways to weather lower prices
Suffering from 12-year low price levels, nickel makers are planning to slash production and supply levels to boost the prices. The slowdown in China's economy is impacting the most nickel consumption and its price. Nickel manufacturers are considering several options on how to propel the price and sustain the current adverse conditions.
Nov 26, 2015 10:36 PM EST
Brazilian bourse's app to track illegal timber trade
With an objective to check illegal timber trade, Brazilian bourse BVRio has launched a new app that helps foreign buyers scan legal code for every timber lot. Over half of the Brazil's timber trade is illegal, according to a report. The illegal logging is fast adding to deforestation, which has created more concerns among residents of Amazon region. Local residents formed into militant groups to protect forest cover and assets by taking action against illegal loggers.
Nov 26, 2015 10:32 PM EST
Herbalife Comes Out Clean Against the “Pyramid Scheme” Lawsuit By Oklahoma Funds
The CEO of Herbalife wins the lawsuit filed against him by the Oklahoma Funds. This lawsuit is not related to the Ackman case filed.
Nov 26, 2015 9:02 AM EST
E.Coli Infection In Seven States Linked to Costco Chicken
Costco chicken salad is said to cause e-coli poisoning in seven states according to Center of Disease Control and Prevention.
Nov 26, 2015 4:46 AM EST
Lufthansa cabin crew union calls off strike
The main cabin crew union (UFO) at Lufthansa airline has called off a labor strike which lasted until 13 November, registered as the longest strike in the history of the German airline. The management has agreed to extend basic retirement and pension benefits to staff. The next meeting is scheduled on 2 December. In addition to UFO, two other unions will also take part in discussions with the management.
Nov 26, 2015 4:01 AM EST
Blue Origin's rocket returns safely after space flight; Jeff Bezos sees suborbital flights by 2017
Jeff Bezos' Blue Origin has successfully completed space flight as its rocket safely landed back in West Texas. Blue Origin has achieved a rare distinction of testing a reusable rocket, which will significantly reduce space flight costs.
Nov 26, 2015 3:24 AM EST
Sluggish PC, printer sales push HP profit forecast lower
The sluggish sales in PCs and printers is impacting Hewlett-Packard Co's financial performance. The company on 1 November 2015 split into two entities-- HP Inc and Hewlett Packard Enterprise Co (HPE). HP Inc lowered profit forecast for the first quarter as it recorded profits below the market expectations during the third quarter.
Nov 26, 2015 3:00 AM EST
The Polaris Slingshot Is A Thrilling Three-wheeled Roller-Coaster Track Ride
The European and Canadian companies were having fun until American companies decided to join the three-wheeler ring by unveiling Polaris Slingshot three-wheeler, a thriller roller-coaster track ride. Now, with Slingshot, being stable yet adventurous is possible at a time.
Nov 26, 2015 2:28 AM EST
U.S Government Is Putting Huge Effort To Pace Up With The Surging Demand Of Weapons
The demand of weapons and firearms are growing rapidly around the globe. U.S government is trying their best to keep up with the rising demand of arms sales.
Nov 26, 2015 2:20 AM EST
Google, Facebook among Silicon Valley majors to lead India's broader free internet
India is poised to receive broader free internet shortly as several US technology majors are working on their projects to bring over a billion people online. India's Prime Minister Narendra Modi had met top officials from US technology firms and sought their cooperation in making India online.
Nov 26, 2015 12:39 AM EST
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