Zuckerberg Explained Facebook's Safety Check Activation after Paris Attacks
Mark Zuckerberg explained the rarely Safety Check tool to enable people marked themselves as safe. Safety Check tools was activated after Islamic States' terrorist attack in Paris.
Nov 16, 2015 1:48 AM EST
Russian GDP shrinks 4.1% in Q3; fall rate eases
Russian GDP fell 4.1% during the third quarter, but it slowed down when compared with the second quarter's drop of 4.6%. The Western sanctions, oil price drop and lower investment activity are taking a toll on the Russian economy. The oil and gas sector is a major contributor to the Russian economy.
Starbucks offers new perks to military veterans
With 5,500 veterans hired to date, Starbucks has surpassed the half-way mark toward its goal. But hiring is only one part of the story. Starbucks is on a mission to help bridge a disconnect between the military and civilians while honoring the service and sacrifice of veterans and military spouses.
UK Sold Northern Rock Mortgages To US Worth £13bn
The treasury has sold worth £13bn of Rock Mortgages to a US private investment firm in what is being thought to be the biggest ever financial asset sold by the European government.
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McDonald's drops realty, focuses on turnaround plan
McDonald's has dropped the plan of spinning off its real estate assets to Real Estate Investment Trust (REIT) and instead it'll focus on turnaround plan. The hamburger chain is also expanding its restarant network on franchise basis. McDonald's is also changing its menu list and process of products to alure more number of diners. It has also increased dividend payout to shareholders.
Nov 15, 2015 6:18 AM EST
Major oil firms have biggest war chests for takeovers
The top six oil companies have combined warchest of $0.5 trillion to support takeovers. The world's top six oil companies are ExxonMobil, Chevron, BP Plc, Shell, ConocoPhillips and Total. With lions' share of $320 billion funds, ExxonMobil Corp is leading the list ot top oil comanies with huge liqudity in cash and stock.
Nov 15, 2015 6:04 AM EST
Paris-Based Fashion Brands Wants lawsuit to continue against Alibaba
Kaering SA, parent company of brands such as Yves Saint Laurent and Gucci suing Alibaba Group Holding Ltd have asked a U.S. judge to be relieved of the obligation to mediate.
Nov 15, 2015 5:51 AM EST
Bargain buying creates robust US demand for gold
The August market crash and other adverse conditions in the global economy had created robust demand for the yellow metal in the US. Amercians concerned over market mayhem started buying gold bards and coins boosting the demand growth by a whopping 207 percent. during the third quarter. Equity analysts term it as bargain buying of US investors that pushed god demand spriraling up.
Nov 15, 2015 5:28 AM EST
Pound Fell Against Dollar Before Fed Speakers Could Impose Rate Hike
The pound fell for the first time in four days against the dollar amid speculation. The pound fell without precedent for the first time in four days against the dollar amid speculation Federal Reserve authorities speaking Thursday will set the stage for a U.
Nov 15, 2015 4:42 AM EST
US Lifts Economic Sanctions Against Liberia After Decades
The United States lifted economic sanctions against Liberia on Thursday as Prresident Barack Obama cited the country's tremendous progress and committment to democracy.
Nov 15, 2015 3:38 AM EST
Drop in agriculture brings down Hungary economic growth in Q3 below forecast
The Eastern European nation Hungary's economy registered 2.3 percent growth rate during the third quarter and this was less than the forecast of 2.5 percent. The drop in agricultureal output impacted the economy, otherwise it would have been at 3%, according to the Ministry of National Economy.
Nov 14, 2015 10:19 PM EST
Indonesia challenges China's claims on South China Sea claims
Indonesia announced Thursday that its country asked China to clarify and prove its claims on the South China Sea, as it plans to bring the matter to international court.
Nov 13, 2015 8:35 PM EST
Disney CEO to Bring NFL's Raiders and Chargers Back to LA
In a relocation plan to Los Angeles, two NFL team, Oakland Raiders and San Diego Chargers successfully bring Bob Iger, Disney CEO on board the team. Both of them have already created a joint venture Carson Holdings, LLC to manage the $1.7 billion stadium in southern Los Angeles.
Nov 13, 2015 8:53 AM EST
UK unemployment rate down 5.3%; its lowest since April 2008
The UK unemployment rate dropped 5.3 percent in the third quarter, the lowest it has been since April 2008.
Nov 13, 2015 7:52 AM EST
The UN launches ShareTheMeal, an app that lets people donate a meal to refugee children
The United Nations Food Programme recently launched the ShareTheMeal app to help end world hunger by 2030 by allowing people to feed refugee children with just the tap of their fingers.
Nov 13, 2015 7:35 AM EST
Visiting Athens, Greece Landmarks, the Acropolis Hills and Parthenon
Athens, Greece is one of the most travelled destination. What makes it famous is its ancient long and fascinating history and the poular tourists' site, the Acropolis hills and the Parthenon.
Nov 13, 2015 5:47 AM EST
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