AmazonFresh: Built From the Relics of Webvan
Online shopping for groceries has been around for quite some time now. Amazon.com, known worldwide for selling books online previously acquired an online grocery business which is now ready for...
View ArticleArrival of Royal Heir to Boost British Economy by £240 million
Experts predict that the arrival of the first baby of the Duke and Duchess of Cambridge, Prince William and Kate Middleton, has the potential to boost the British economy. The arrival of the Royal...
View ArticleSouth Korea’s Woori Finance Holdings to be Sold in Three Chunks
South Korea’s Woori Finance Holdings is the largest banking group in the country with assets amounting to 25.7 trillion Won as of 2012. According to regulators, the assets are to be divided into three...
View ArticleStudents in the US Facing Doubling of Loan Rates
Starting today, July 1, federal government loans for students will start to increase with the interest rate reaching up to 6.8%. This is twice the former rate of 3.4% which has been implemented for...
View ArticleLargest Food Subsidy Scheme Launched in India
In order to combat hunger, an expanded food subsidy scheme worth $22-billion was launched in India. The food ordinance is awaiting approval into law. A new scheme designed to combat hunger in India was...
View ArticleIMF Declares that the U.S. Economy is on the Right Path to Recovery
Based on the most recent assessments by the International Monetary Fund (IMF) all the indications are saying that the U.S. economy is on the right path to recovery. The evidence shows that the economy...
View ArticleJeff Bezos of Amazon Acquires Washington Post for $250 Million
On Monday, The Washington Post announced that the company would be taken over by Jeff Bezos. Bezos is known for his business and technological acumen in managing something as big as the Post and its...
View ArticleAcquisition of Nokia by Microsoft – Beneficial to Both
Microsoft’s acquisition of Nokia has been rather expected since Stephen Elop joined Nokia. The purchase took three years in the making and now rumor has become reality with Microsoft fully taking over...
View ArticleMicrosoft Reveals Share Repurchase Scheme and Dividend Increase for the Quarter
Here are the key figures in Microsoft Corporation’s most recent announcement: US$40 billion for sales repurchase and a 22% increase in dividend compared to the previous quarter. The increase in...
View ArticleTwitter Officially Goes Public, Initial Value Up by 73% From Offer Price
Twitter has successfully debuted at the stock market Thursday, marking a 73% upswing from its offer price. As the social network’s IPO zoomed in value, two of its founders got lifted into the...
View ArticleFree-trade Deal Between the US and the EU to Open Numerous Jobs
The United States and the European Union resume talks Monday in Brussels, Belgium over a free-trade deal that is set to further strengthen the largest business relationship in the world. The trade pact...
View ArticleDubai Celebrates as It Wins Right to Host World Expo 2020 Trade Convention
Beating four other contenders, Dubai has won the right to host the World Expo 2020 trade convention. In a bidding held Wednesday, Dubai, a small gulf city in the United Arab Emirates (U.A.E.), bested...
View ArticleWTO Members Strike a Deal in Bali to Remove Barriers to Global Trade
Barriers to global trade will hopefully be removed with the recent deal among members of the World Trade Organization (WTO) and the United States in Bali, Indonesia. On Saturday, the U.S. and WTO...
View ArticleJP Morgan Seeks Patent for Online Payment System Similar to Bitcoin
To apparently give the public an alternative to the Bitcoin, JP Morgan recently made a move to patent a new online payment system that will allow users to use digital wallets without being identified....
View Article2014: Breakthrough Year for US Economy Says Obama
The world’s biggest economy has finally made upturns relative to economic figures from late 2011, prompting President Barack Obama to call 2014 the ‘Breakthrough Year” for the US Economy. According to...
View ArticleBargain Hunting Consumers Shopped Less on Pre-Christmas Weekend
Many retailers got disappointed during the pre-Christmas weekend with the low turnout of shoppers who would usually hunt for bargains at this time of the year. Despite the huge discounts on primary...
View ArticleBrazil’s New Car Safety Regulations Affect Volkswagen Type 2 Kombi Production
Brazil has stricter vehicle safety regulations that will be in effect in 2014. The Volkswagen Type 2 Kombi is one of the vehicles to be severely affected by these new regulations, which include the...
View ArticleLife is Good: Selling Optimism and Hope Through T-Shirts
Brothers John and Bert Jacobs did not even think that the small T-shirt business they started in 1989 while they were still in college would be a multimillion-dollar company today. Back in those days,...
View ArticleSouth Korea Posts Fastest Economic Growth in Nearly Three Years
South Korea is the fourth largest economy in Asia. After getting affected by the Asian economic crisis in 2008 the country has posted its fastest growth in nearly three years for the last quarter of...
View ArticleJapan Offers $4 Billion Loan to U.S. for Super-Maglev Train
The distance between Baltimore and Washington, D.C. is just 37 miles. This stretch is always heavy with traffic. Prime Minister Shinzo Abe of Japan suggested that a Super-Maglev train system be...
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