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 04:01 AM EST

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 03:00 AM EST

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 03:24 AM EST

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 02:28 AM EST

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 02:20 AM EST

Costco chicken salad is said to cause e-coli poisoning in seven states according to Center of Disease Control and Prevention.

Nov 26, 2015 04:46 AM EST

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

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

The US economy grew 2.1 percent during the third quarter as against the forecast of 1.15 percent. However, the growth rate slowed down when compared to 3.9 percent in the second quarter.

Nov 25, 2015 04:06 AM EST

Billionaire investor Carl Icahn picked 7.13 percent stake in Xerox Corp paving his way to the company's board. Icahn gave a statement that Xerox shares are undervalued as the stock fell over 20 percent this year so far.

Nov 25, 2015 03:50 AM EST

Ever since the imposition of economic sanctions, the Russian economy is suffering from weakening foreign trade. Exports and imports, move steeply, only to drop during January-September period. Despite the rise in oil and natural gas exports, the oil price drop in dollar value is eroding the gains.

Nov 25, 2015 03:47 AM EST

Activist investor Ackman has recently announced that Pershing has increased its amount of stakes in Valeant Pharmaceuticals. According to experts, this decision will play an interesting role in the besieged drug maker’s strategy.

Nov 25, 2015 02:09 AM EST