VENTURE CAPITAL POST

Volvo Group, along with three tech universities, had come up with an automated robot that would discreetly enter the garage and collect the trash. The project was named ROAR.

Brazil is to detach its internet connection with U.S., Telebras CEO Jorge Bittar said. A submarine cable with over 30 tbps will be installed from Lisbon to Fortaleza. This would boost Internet speed with Europe in 2017.

Fujifilm released a new instant camera with better feature aiming to get customers excited about instant camera back. The manufacturer still believes that instant camera have a market even after Polaroid had decided to ditch the market back in 2008. With a price tag of only $130, the manufacturer hopes that this camera will bring back the intimacy in a photo.

Close on the heels of his US tour, China President Xi Jinping said Chinese government doesn't hack commercial secrets nor it supports Chinese companies engaged in such activity. In an interview with Wall Street Journal (WSJ), Xi Jinping further said that whether governments or companies, whoever involved in cyber theft should be punished according to the law. China and the US are equally concerned about the cybersecurity. Jinping seeks the cooperation from the US to check cyber espionage. The cyber crime will be a major point for discussion during the meeting between Obama and Jinping.

Recently, Apple has been having problems with the iOS download leaving iPhone devices to crash and Apple fans deeply frustrated. Some were lucky enough to get the new operating system, but others were unfortunate.

Oil prices rose following the indications that stockpiles are declining and drop in drilling activity. The global oil benchmark Brent was up three percent as expectations that less drilling may reduce future oil production and inventories as well. Gasoline futures also surged on renewed demand. US crude's front-month rose 4.5 percent or $2 to end at $46.68 a barrel. Brent rose 3.1 percent and closed at $48.92/barrel. It's learnt that US drillers have called off drilling activity for the past three weeks. It's estimated that the US crude production may drop by 250,000 barrels per day (bpd) the second and fourth quarters this year.

Marking a major development in US-China business relations, a group of firms from the world's second largest economy signed a deal with the US partner XpressWest to build a high-speed rail link between Los Angeles and Las Vegas.

Dividend stocks are investors favourite during the economic uncertainty. Dividends signal a strong performance by the company and it also allows investors to make some return on investment during the tough time.

China e-commerce industry is worth $2.1 trillion in 2014 with the number of users growing by 31.4 percent as reported by China E-Commerce Research Center (CERC). Out of the total amount, $450 billion comes from the online retail business alone. Current market players in the e-commerce are Alibaba, JD.com, and Suning Commerce.

Google is sending media invitation for its event this coming 29th September. The event "a Morning Conversation about Some New Treats from Google" is expected to unveil new hardware produced by the company. News has been circulating that the company will unveil new Chromecast and new Nexus phone at the event.

Jessica Alba's The Honest Company will offer paid parental leave starting next year. Mothers would be entitled to 16 weeks maternity leave and fathers could access leave for 8 weeks. Paternity leave also comes with another 8-week extension without pay.

British Multinational Beverage Company Diageo Plc is planning to increase its majority stake in the Lagos, Nigeria-based brewer Guinness Nigeria Plc to 70 percent, which is worth $200 million. Diageo, the biggest distiller in the world and maker of Johnnie Walker, plans to offer 175 naira a share to raise its shareholdings in Guinness Nigeria to 70% from 54.3%. According to the report published at Bloomberg, that deal would cost about 41.38 billion naira, or $208 million. Guinness shares spiked 5 percent to 131.48 naira Wednesday after it announced Diageo's plans. This valued the Nigerian brewery at 198 billion naira.

Federal Reserve's announcement to leave the interest rates unchanged sparks a global concern regarding the future outlook of global economic. The Wall Street particularly reacts negatively towards the news as most stocks are trading at a lower price forcing the index to close lower.

EPA called the software "defeat device" that conceals the true emissions only during testing and therefore when the cars are on the road they emit as much as 40 times the level of pollutants allowed under clean air rules making sure public health is protected, Giles said.

The newly-elected Labour Party leader Jeremy Corbyn warns supporters that "Brexit" could become a reality as early as next year. Corbyn, who is currently against the move for Britain to exit EU said that the talk between EU-UK in Brussels right now will determine the future of the country.