The China slowdown to last for another 2-3 years, predict realtors
The china's economy slowdown is likely to continue for next three years, predict real-estate developers. The robust growth has led cities to emerge as major infrastructure built up ones. There's opportunity in smaller cities though they can't offer the kind of growth witnessed in cities like Beijing and Shanghai.
Sep 16, 2015 9:13 PM EDT
Obama to host China's president on September 25
President Barack Obama is hosting his Chinese counterpart Xi Jinping, who will be in the US next week for an official state visit. Apart from strengthening economic ties, the two leaders are going to address thorny issues, including recent cyber attacks as well as China's controversial maritime claims.
N series reflects Hyundai's years of World Rally Championship car racing and testing
Hyundai introduces N sub brands among its newest vehicles at the Frankfurt International Motor Show 2015. Hyundai said the new series is the result of their participation in WRC for years. The N 2025 Vision Gran Turismo were highlighted It was exclusively designed for PS3.
GE Digital aims to be among global top-10 by 2020
Global industrial giant GE has set up a new unit 'GE Digital' to take on Industrial Internet of Things. GE aims to transform the new unit to be among global top-10 by 2020. The new unit will integrate software center, knowledge of its global IT teams and industrial security expertise of Wurldtech.
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Iran's supreme leader a winner from nuclear deal
Ayatollah Ali Khamenei will benefit the most from the latest nuclear deal as the conglomerate own most of the business in Iran. The conglomerate also own some of the business run by Iranian overseas through force measure.
Sep 16, 2015 9:37 AM EDT
No Drones on Papal Visit or Be Charged: FAA
The FAA and other security agencies are appealing to people, local or visitors not to bring drones during the papal visits for security measures. There has been a plot to the holy man's life by a minor brainwashed by the terrorist group ISIL prompting officials and securities restrictions on all actions regarding the safety of Pope Francis.
Sep 16, 2015 9:09 AM EDT
Fiat Chrysler CEO skips auto show, continues talks with UAW
Sergio Marchionne, Chief Executive of Fiat Chrysler Automobiles (FCA), has decided to drop his participation in the Frankfurt auto show as FCA is leading the labor talks with United Auto Workers (UAW).
Sep 15, 2015 10:09 AM EDT
Kuwait's Zain telecom giant dials in margin push investment
Kuwait telecom major Zain has decided to invest in technology firms that add valued to its services. The telecom company is focusing on online ads, smart city projects, and television services. It has decided to repackage its data services to enhance revenues.
Sep 15, 2015 10:06 AM EDT
Is Jeb Bush really anti-Wall Street?
Jeb Bush, the Republican contender for US President position, is for lower tax rates, while promising for eliminating 'carried interest' of the rich and influencial people in the US corporate sector. Economists and election analysts consider this is an effort get an image among blue-color voters. In reality, Bush's plans help the rich indirectly, analyse the economists.
Sep 15, 2015 10:00 AM EDT
Mark Zuckerberg to host Facebook Townhall Q&A with Indian Prime Minister Narendra Modi
Mark Zuckerberg will host its second Townhall Q&A discussions with India's Prime Minister Narendra Modi. It will be held on Facebook HQ in Menlo Park, California on September 27th.
Sep 14, 2015 9:51 AM EDT
China unveils details of state-firm reforms as growth sputters
New state firm reformed announced by Chinese authority on Sunday will see the firm being integrate in fewer firm. Through the reform, state-firm will also be given freedom to attract private investors into the firm.
Sep 14, 2015 9:50 AM EDT
Iran to sell crude oil to Asia on a huge discount in a bid to regain market share in the region
Iran provided good news by reducing the price of its crude oil being sold to Asia come October. Iran is trying to win back its market share in the oil industry competing with other OPEC members, specially Saudi Arabia.
Sep 14, 2015 1:53 AM EDT
Nestlé’s Nespresso provides bigger cups of coffee for Americans
Switzerland is welcoming another Nespresso plant to be situated in Rosmont to cater to America's preference for bigger cups of coffee. It will be the only Nespresso plant to produce pods for VertuoLine to boost more sales in the U.S.
Sep 14, 2015 1:48 AM EDT
Australian dollar recovers as unemployment figures went down
Australia is one of the countries being hit by the global economic turmoil. Now, it is beginning to recover as many businesses hire more employees resulting in the decrease of unemployment rate making the Australian dollar regains its strength.
Sep 14, 2015 1:47 AM EDT
German industrial output gains points, most intense in July
The German industry is beginning to cope up from the previous months of economic slowdown. More goods are now produced, creating more jobs and dropping the rate of unemployment.
Sep 14, 2015 1:43 AM EDT
Stephen Colbert's The Late Show interview with Uber CEO interrupted by cabbie protesters
Stephen Colbert's The Late Night Show interview with Uber CEO Travis Kalanick was interrupted when two cabbies yell at the audience protesting how the CEO is killing the taxi industry.
Sep 14, 2015 1:38 AM EDT
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