Eyeing a possible future tie-up, Apple has invested $1 billion in Didi Chuxing, a ride-hailing service in China. In a move described by Apple CEO Tim Cook as one that would help the company better understand the Chinese market, Apple… Read More ›
Economy & Finance
Workers at US Poultry Wear Diapers on the Job as they are Denied Breaks
Workers in plants run by the largest U.S. poultry producers are reduced to wearing diapers while working on the processing line as they are regularly being denied bathroom breaks, Oxfam America said in a report. “It’s not just their dignity… Read More ›
A 75% Discount off Hydrogen-Fueled Vehicles being given by UK for Firms and Organizations
With the aim to “encourage more businesses to switch to hydrogen-fuelled vehicles”, the U.K. government has launched a £2 million ($2.89 million) fund to provide subsidies. Private businesses, as well as organizations such as police forces and health trusts would… Read More ›
The UK Property Premier League Led by this Soccer Club
Soccer club Tottenham Hotspur has taken home an unlikely consolation prize even though it narrowly missed out on clinching the English Premier League (EPL) title,. The area surrounding Spurs’ home stadium, White Hart Lane in north London, recorded the greatest… Read More ›
Market-making Operations of Citadel, KCG being Investigated by US Authorities: Reuters
Looking into the possibility that the two giants of electronic trading are giving small investors a poor deal when executing stock transactions on their behalf, the US Federal authorities are investigating the market-making arms of Citadel LLC and KCG Holdings… Read More ›
Performance Materials from Air Products to be Bought by Evonik for $3.8 Billion
Strengthening its leading position on the high-margin specialty & coating additives market, the Specialty & Coating Additives business (Performance Materials Division) of the US company Air Products and Chemicals would be acquired by Evonik Industries AG for 3.8 billion US… Read More ›
Approval of Charter, Time Warner Cable Merger Confirmed by FCC
Charter Communications Inc’s acquisitions of Time Warner Cable Inc and Bright House Networks were approved in a announcement by the U.S. Federal Communications Commission which confirmed the acquisition on Friday. Approval from regulators in California is the last approval that… Read More ›
Size of Telecom Bust Close for the U.S. Oil Industry Bankruptcy Wave
With 59 oil and gas companies now bankrupt after this week’s filings for creditor protection by Midstates Petroleum and Ultra Petroleum, the rout in crude prices is snowballing into one of the biggest avalanches in the history of corporate America…. Read More ›
Anonymous launches DDOS against Bank of Greece
In a video message posted on YouTube, Anonymous said, “This marks the start of a 30-day campaign against [Greece’s] central bank sites across the world.” Activist hacking group, Anonymous has begun attacking Greek’s central bank with an official from the… Read More ›
It’s probable that oil prices will stabilize within a year
The U.S. Department of Energy expects global oil prices to balance themselves out in a year’s time. Ernest Moniz, the Energy Secretary of the United States has disclosed that he expects the global supply and demand of oil to rebalance… Read More ›
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