Chipotle Mexican Grill closed 43 Chipotle restaurants in Pacific Northwest region due to an outbreak of E. coli bacteria.

Nov 02, 2015 09:50 AM EST

There's significant business potential in internet-based business as the higher costs of labor and infrastructure are eroding the profitabilit of tranditional enterprises in China. The vast usage of internet and huge population numbers are luring many businesses to set up shop online.

Nov 02, 2015 09:55 PM EST

Nanjing City's work of art pride, the Nanjing Sifang Art Park was designed by internationally known architectures. The building has unique features and shape and one architectural wonder of the country.

Nov 02, 2015 09:49 AM EST

Facing stiff competition and suffering low margins, Amazon has decided to shut down its mobile point-of-sale payement service Amazon Register. This decision has turned out to be a fresh breather for competitors such as Square, which is going public this year. Amazon Register will be logged off in early 2016, while existing merchants are allowed to use it till 1 February 2016.

Nov 02, 2015 09:32 PM EST

US technology giants such as IBM, Microsoft, Dell and Cisco are working closely with Chinese companies considering the vast business potential in the world's second largest economy. Taking advantage of technology access to the US companies, Chinsese companies are becoming self-sufficient in developing technology applications in turn pushing military research and operations capability. This may signal threat to US national security, alert US defence experts.

Nov 02, 2015 09:22 PM EST

Yielding to the labor tensions, United Continental Holdings Inc has decided to hold the outsourcing exercise for time being. The Chicago-based airline has been slashing jobs and replacing them with outsourced workers. This has created unrest among employees and workers' unions started protesting it. in a latest decision, the airline announced that it stoped the outsourcing activity until 2017.

Nov 02, 2015 08:54 AM EST

China's biggest oil company PetroChina recorded 81.4% fall in profit for the third quarter indicating 52% below the analysts' forecast. The continuous fall of oil price impacted the performance of the company. Analysts expect rebalancing of oil price in next 12 months.

Nov 02, 2015 02:20 AM EST

Virgin America has surpassed market estimates in revenues for the third quarter of 2015 as it posted $71.9 million revenues as against the forecast of $67mn. The US-based airline operator indicated that earnings per mile may fall in the fourth quarter owing to increasing competition and falling airfares.

Nov 02, 2015 12:25 AM EST

The country that's famous for beer is also widely popular for its impressive unemployment rate, which has remained at a stable 6.4% for two consecutive months now, according to the Federal Labor Agency.

Nov 02, 2015 12:08 AM EST

Wearable cameras manufacturer GoPro's results missed the market forecasts. Despite 43 percent growth in reenues, GoPro couldn't meet the forecast as sales on new products were not encouraging. However, the company sees growing demand in overseas markets such as Japan, South Korea and China.

Nov 01, 2015 09:13 PM EST

The Holbox Island or the Isla Holbox is considered as the Eden paradise of Mexico. It is also an ideal place for mexican vacation for tourists craving for a nice "low-sound, low-rise" place.

Nov 02, 2015 06:52 AM EST

While it's true that China is the most sought-out manufacturing country in the world, it has also suffered the consequences due to dangerous emissions from industrial plants. Now, the country's economy is experiencing a drop in an effort to address the issues concerning pollution.

Oct 29, 2015 10:03 PM EDT