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Online advertising to brighten Thai economy

Thai economy is faltering but businesses is courageously allowing more huge budgets to venture into digital advertising targeting Thai consumers through smartphone apps, social networking and sharing of videos on websites.

Sep 07, 2015 1:59 AM EDT


Volkswagen appoints a new chairman

Volkswagen's unassuming finance chief is taking the helm of the world's biggest automaker. Hans Dieter Pötsch has been appointed company chairman, dashing hopes of his current boss of assuming the top post.

Sep 07, 2015 1:23 AM EDT


Egyptian billionaire Naguib Sawiris plans to buy an island for Syrian refugees; wants to name it 'Ilan'

The Egyptian billionaire, Naguib Sawiris tweeted that he wants to buy an island to accommodate Syrian refugees. And he's serious about it. He wants the 'new country' to be named as 'Ilan', to remember the Syrian toddler, Aylan Kurdi, who was drowned in Turkish shore.

Sep 06, 2015 7:00 AM EDT


The Real Deal: Just How Big is the Synthetic Marijuana Trade

Synthetic marijuana has become a giant, multimillion dollar industry that has lead to thousands of deaths and is becoming a major concern for the authorities.

Sep 05, 2015 6:34 AM EDT


Sanofi's Genzyme pays $32.59M penalty for misbranding, unlawful usage of Seprafilm surgical implants

Genzyme Corporation agrees to settle on deferred prosecution agreement with the government to pay a penalty of $32.59M regarding the illegal use of Seprafilm with laparoscopic surgery.

Sep 05, 2015 6:17 AM EDT


Interest rate hike could harm global economy - IMF

The International Monetary Fund warns of the danger of an interest rate hike to the global economy. Instead of raising rates, the fund says advanced countries should focus on growth-friendly programs.

Sep 04, 2015 9:02 AM EDT


Over diversification could dent returns on your funds

Investing in too many funds will not five desired results if correlation among them is high. Making a balancing act in portfolio of stocks, bonds, currencies, treasuries needs expert advise. Analysts advise investors to do some home work before taking investment decision.

Sep 04, 2015 8:57 AM EDT


US job gain projections turn spotlight on rate hike

The positive projections for job growth in August are giving much scope for speculation on possible rate hike by US Federal Reserve. The next meeting of Fe is scheduled on 16-17 September. The drop in unemployment rate is also aiding the speculation on rate hike.

Sep 04, 2015 8:50 AM EDT


Reebok rebrands as a fitness center in the U.S. and Europe

Reebok, the shoe brand is turning into fitness centers. Its "Be More Human" campaign challenges people to test their physical strength in group sessions. Earlier on, it had launched in the U.S. This week, the campaign will roll out in Germany.

Sep 03, 2015 11:26 PM EDT


Seven tech companies formed an alliance to develop a new standard for open source video format

Netflix, Mozilla, Cisco, Intel, Amazon, Google and Microsoft made an alliance to come up with a new standard for open source, royalty free video format. Reports say this will end video plugins in the Web.

Sep 03, 2015 11:20 PM EDT


Wild swings in China stocks this week

China and Asian market drop again today on U.S drop last night and weak manufacturing data released by Chiese government.

Sep 03, 2015 11:14 PM EDT


Japan inflation falls to zero for third time

Shinzo's Abe government had failed again for the third year in an effort to increase inflation to help takes Japan out of the recession problem.

Sep 03, 2015 11:06 PM EDT