Starbucks and Fiat are required to pay back millions in taxes to Dutch and Luxembourg Government
The European Commission agreed that both Starbucks and Fiat have been benefiting under illegal tax system. Based on the new ruling, more corporation are expected to be under investigation soon.
Oct 22, 2015 1:47 AM EDT
Canada's new Liberal Prime Minister under pressure to deliver promises
Right after defeating his Conservative opponents, Canada’s new Prime Minister-designate Justin Trudeau is immediately under heavy pressure to perform.
Conditional approval for Nokia-Alcatel deal in China
The China's Ministry of Commerce has approved the Nokia's acquisition plan for Alcatel-Lucent with some conditions on the Euro15.6billion ($17.6bn) deal's antitrust process. Nokia has agreed to meet certain terms by 10 December. Nokia has to ensure that market competition wouldn't be impacted with the takeover, which is expected to be completed in first half of 2016.
McLaren is comparable to Ferrari 488 and Lamborghini Huracan
McLaren is making its grand entrance and will show the world that it can compete with Ferrari 488 and Lamborghini Huracan. Every details on McLaren is designed for efficiency but the innovation brings luxury and fun driving.
Latest News
China's economy posts weakest growth in six years
China posts its slowest growth since the financial crisis, fueling speculations of further government intervention. The world's second-biggest economy posted GDP growth of 6.9% in the third quarter, its weakest in more than six years.
Oct 21, 2015 8:36 AM EDT
Sony agreed to pay $8M settlement to its employees
Sony agreed to pay a settlement worth $8 million to its employee for the data breach lawsuits filed by them. In the settlement, involved employees will get a payment worth aroun $10,000 per person from Sony.
Oct 21, 2015 8:13 AM EDT
Irish High Court to investigate Facebook's transfer of European users' data to the U.S.
The Irish Data Protection Commission will hold an investigation on Facebook. This is due to the claim filed by an Austrian law student regarding Edward Snowden's revelation that internet companies are compelled to send user's personal data in the U.S. intelligence.
Oct 21, 2015 7:58 AM EDT
Cash-strapped Greece raising prices of tickets for tourist spots
Greece's financial woes are affecting not only locals, but also foreign tourists. The government is set to increase admission fees of tourist spots to offset austerity measures it has agreed upon with international creditors.
Oct 21, 2015 7:46 AM EDT
Chinese President Xi Jinping visits Britain
Chinese President Xi Jinping starts his official four-day visit to Britain today and was welcomed by the Queen herself. Xi Jinping is expected to sign few agreement that will increase both countries relation.
Oct 21, 2015 3:45 AM EDT
Yearender U.S. holiday sales forecast, 2.8% increase
This coming holiday season, holiday sales will have a decent increase giving consumers more spending power. With the huge savings they got from the decline in oil and gas prices, they will surely enjoy shopping.
Oct 20, 2015 9:16 AM EDT
3 Best Places to Watch Whirling Dervishes on Istanbul
Tourists might wonder where to view live performances of the Whirling Dervishes on Istanbul. These 3 best places in Istanbul will let you experience the mystic of the spiritual ceremony of Sema.
Oct 20, 2015 9:03 AM EDT
US Top 5 Overrated Tourists Destinations and it's Alternative Places to Visit Instead
Some of the popular US destinations are overrated. These are the top 5 list of overrated US destinations and the alternative places that you can visit instead of it for convenience and enjoyment.
Oct 20, 2015 8:53 AM EDT
South Africa's 7 Most Luxurious Safari Lodges
After enjoying safari in Africa's known inland safari destinations, staying on a luxurious safari lodges will complete your day. These 7 most luxurious safari lodges in Africa that will surely make your stay in Africa more comfortable and unforgettable.
Oct 20, 2015 8:29 AM EDT
Zomato cashless payment service shuts down operation in Dubai
Zomato, the restaurant service based in India is pulling out its cashless payment system in Dubai. Conflicts over its market and expenses made the company decide to shut it down.
Oct 20, 2015 2:48 AM EDT
China cloaks weakest growth since 2009
The world's second largest economy witnessed its lowest growth rate in the last two decades. China's gross domestic product (GDP) growth rate dipped below seven percent during the third quarter for the first time after the financial crisis. The economy growth rate for quarter ending September recorded 6.9 percent below the Chinese government's target of seven percent and slightly better than forecast of 6.8 percent.
Oct 19, 2015 7:01 PM EDT
China dumping US debt as North America's domestic buying soars
The China's withdrawing from the US government debt is being overlooked as robust demand in the domestic market is increasing. Several US mutual funds have started buying treasuries at auction. The US investors are also increasing their buying. China is the largest foreign creditor with $1.4 trillion of US government debt.
Oct 19, 2015 11:19 AM EDT