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Loveland Ski Area To Open its 2015-2016 Winter Ski Season on Thursday

Loveland Ski area announce on Monday that they are going to open their 2015-2016 Winter ski season on Thursday, October 29th. Last year, the ski area has opened their business for skiers and riders last November.

Oct 29, 2015 2:24 AM EDT

News

Slovenia to Hire Private Security Firms to Assist Police and Armies in Managing Migrants

As more migrants are storming the border, Slovenia prepares to hire private security firms to help police and armies controlling migrants trying to enter Northern European countries.

News

U.S. Congress to push for new debt limit

The US congress is in session to finalize a new budget deal as the government money is running low. The new debt limit has been the center of discussion as current House Speaker, John Boehner is planning to solve the issue before his retirement.

News

Transatlantic Cruises set to Sail on 2016 and its peak Seasons

Transatlantic cruises started many years ago and as of now, cruise line companies have organize their best schedule for the best Atlantic crossing experience. Here are some of the list scheduled to sail next year, 2016 and the peak seasons for cruising.

Indonesia Deregulates Policy to Entice American Investor in the E-Commerce Sector

Indonesian President Jokowi will visit U.S next week and in his series of meetings he will also meet chief executives from high profile technology companies to invest in Indonesian e-Commerce sector.

Oct 27, 2015 9:52 PM EDT

Brazil analysts expect faster Inflation, interest rate calls for 2016

Brazil analysts see faster inflation and less cuts in the base interest rate for 2016. A central bank survey conducted on 100 analysts on October 23 shows that Brazil's Selic rate is projected to be 13 percent by the end of 2016.

Oct 27, 2015 8:58 PM EDT

Yen against euro may soar further in price swings

Anticipating that Yen would further strengthen against the euro following investors' betting on lower interest rates, the Japane's currency may further rise in price swings. Yen against the euro rose eight percent this year. Bank of Japan is likely to be under pressure to keep interest rate at lower level following the cues from ECB.

Oct 27, 2015 1:28 AM EDT

Sweden to cut spending, borrows more to accommodate overwhelming refugees

With the multitudes of refugees crossing its boarders, Sweden must have an extra $7 billion in 2016 and $8.2 billion every year until 2019 to accommodate the asylum seekers.

Oct 26, 2015 11:12 PM EDT

Saudi Arabia may face cash crunch after 5 years

The Middle East (ME) region also may not sustain cheap oil prices for long. If oil price continues to hover at $50 per barrel, majority of Gulf nations will run out of cash in next five years, according to International Monetary Fund (IMF). There's no exception to Saudi Arabia, the leader of Organization of Petroleum Exporting Countries (Opec), Oman and Bahrain.

Oct 26, 2015 8:47 PM EDT

Oil prices under pressure amid weaker demand outlook

Crude oil prices continued to trade in low range amid sagging demand and its bleak outlook for remaining part of 2015. The oversupply position is also impacting the oil price in a negative way. Speculators are withdrawing from their previous bets on rising prices. The front-month US crude futures were trading at $44.65 per barrel 12 percent lower than the peak level in October.

Oct 26, 2015 8:34 PM EDT

BP and Shell Lost Billions of Profits Due To Oil Exploration Failure

BP and Shell were battered losing billions of profits because of oil price plunge and unsuccessful oil exploration. Contributing to the loss is the drop in China's demand for oil and Saudi Arabia's restraint on the oil production.

Oct 26, 2015 8:09 AM EDT

Chipotle has two years of bad sales growth

Non-GMO Chipotle suffers slow sales growth for two consecutive years and investors were not at all happy. It used to have an outstanding sales growth but for some reason, it has now been declining. The non-artificial food restaurant hired Curt Garner, Starbucks former chief information officer, to help reverse the situation.

Oct 26, 2015 7:43 AM EDT

Ethiopian Airlines To Operate New York Flight Route on 2016

Ethiopia's flag carrier, Ethiopia Airlines will launch the New York flight route nex year 2016. The airline also already purchase 20 new Boeing 777 aircraft types to be use for the new destination.

Oct 26, 2015 7:19 AM EDT

Royal Caribbean's Splendour of the Sea Experience Fire disruption while Sailing toward Argostoli, Greece

The Royal Caribbean's Splendour of the Sea suffers fire disruption last Thursday. The cruise line brand reported the incident on their social media, twitter. Consumer Advocate, Clark Howard was reported on board the said cruise ship and also reported the fire incident to his colleagues at the Atlanta local News 95.5 and AM 750 WSB.

Oct 26, 2015 6:53 AM EDT

Goldman Sachs' social impact investment showed successful result in Utah

Golden Sachs had invested $7 million to expanding the preschool program in Utah. This social impact investment had showed a successful result.

Oct 26, 2015 2:58 AM EDT

6.5 million cars recalled by Toyota for power window switch repair

This year could be dubbed as the year for car recall since a majority of car makers all over the world pulled out their vehicles due to defects and cheating emissions tests. As for Toyota, the defect is in its power window switch that could overheat, melt, and burn.

Oct 26, 2015 2:28 AM EDT