North America

Apple CEO Tim Cook Slammed by Critics Over Remarks Praising China

Apple CEO Tim Cook has visited China to boost iPhone sales while praising the Chinese economy. However, he was criticized at home for his laudatory remarks.


China's Xi Jinping Meets American CEOs to Woo Back Foreign Investors, Mend Strained Relations With US

China's President Xi Jinping met with more than a dozen American CEOs and academics on Wednesday in an effort to mend strained relations with the US...

US, South Korea Form New Task Force to Block North Korea Oil Shipments

The US and South Korea have set up a new task force to prevent North Korea from obtaining illegal oil...

Kamala Harris Says Biden Admin Does 'Not Intend to Ban TikTok' Despite Backing Bill That Could Get the App Banned in US

Vice President Kamala Harris has assured the public that the Biden administration has no intentions of banning the popular video-sharing app TikTok...


Latest News

15% drop in Yahoo revenues predicted for 2016
Yahoo Inc’s revenues may drop by 15 percent for 2016 year, while earnings are also predicted to tumble 20 percent. The global internet company is expected to slash jobs by 1,500 to 9,000 in 2016.
Flywheel Raises $4 Million Series A Fund From Investor Group Led By Five Elms Capital & Others
After started rolling in 2013, Flywheel, a blog management service providing startup has raised $1.2 million seed fund around one and half year ago. Now, the startup has raised another $4 million Seri
Goldman Sachs-backed CompareAsiaGroup gets new CEO Sam Allen
Goldman Sachs-backed consumer finance startup CompareAsiaGroup got its new CEO Sam Allen. In 2015, CompareAsiaGroup closed a Series A round of funding led by Goldman Sachs and is planning to go for a
Canadian Pension Fund to Acquire 40% Stake in Agriculture Unit of Glencore For $2.5 Billion
Glencore is possibly nearer to a deal with Canda’s largest pension fund to sell 40% stake in its agriculture business. CPPIB has agreed to pay $2.5 billion against a total valuation of $6 billion. How
Nvidia Unveils First Supercomputer DGX-1 Using A Mixed Blend of AI and Deep Learning Technology
Nvidia has unveiled its first supercomputer, DGX-1, which uses both alternative intelligence and deep learning technology. The supercomputer, costing around $129,000, by no mean suggests that newer te
Starbucks Biggest Coffee Shop Soon to Rise in Manhattan
Starbucks is about to open its biggest coffee restaurant in 2018 and will be known as Starbucks Reserve Roastery and Tasting Room which will be housed by the 170,000 square foot building developed by
Ford’s Tricky Move For Another $1.6 Billion Production Plant in Mexico Irks Deceived UAW
Following a deal with UAW, the union members are enjoying jobs in Ford’s Wayne plant sacrificing small-car plant in Mexico. Applying the loophole in negotiation terms, Ford announces another $1.6 bill
US Treasury norms clamp merger plan of Pfizer for Allergan
The $160-billion merger plan of Pfizer Inc and Allergan Plc is heading towards termination owing to new measures announced by the US Treasury Department which has been taking measures to curb malpract
Dozens of Lawsuit Against SunEdison Indicates Creditors’ Tilting Confidence
SunEdison has been passing through acute cash crunch while embattling with lawsuits. Though the lawsuits have been filed recently and remain pending for adjudication, the variety of claimants has attr
‘Panama Papers’ Under Lens of The US Justice Department
The US Justice Department considers any credible allegation for violation of Federal Laws under its geographical territory very seriously. The department has been conducting its war against corruption
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