Weather New York, NY +36°F

Staff Writer

SKOREA-SAMSUNG-EARNINGS

Samsung Estimated Strong Profit Growth in First Quarter

The Korean electronic giant predicted a high increase of profit in its earning guidance. Successful sales of Galaxy 7 flagship product is the main contributor for the profit growth.

Read Full Article
GERMANY-AUTO-COMPANY-EARNINGS-BMW

BMW i Ventures Made Strategic Investment in RideCell Startup

The German carmaker's venture capital arm announced Wednesday to make strategic investment in RideCell. BMW established i Ventures in 2011 to target mobility service startups.

Read Full Article
Military Jet Escorts Qatar Airways Plane Into Manchester Airport

Airline stocks regain investors' confidence as crude prices weaken

Stocks in airline sector are regaining investors' confidence as crude prices continue to decline. Aviation shares like SpiceJet, Jet Airways, and Interglobe Aviation increased 3% to 6% on Wednesday trading session .

Read Full Article
Google Holds Press Event Announcing New Products

U.S. CEO Pay Fell Sharply in 2015, The Biggest Drop Since Financial Crisis

CEOs salaries nationwide in U.S. has shown a declining trend in 2015, the biggest drop since the financial crisis. Some factors including the decrease in pension gains contributed to the decreasing in CEO pay.

Read Full Article
Google Inc. New Product Announcement

Android Marshmallow Market Share Grows Double In Just A Month

Data furnished in the Google dashboard as of April 4 suggest that market share of Android Marshmallow has grown double to 4.6% within a period of a month. However, analysts observe the market stake as very meager compared to that recorded by Android Lollipop during the same period of the previous year. Lollipop holds the market leader position in terms of retained stake.

Read Full Article
Chairman Of The Interim Afghan Government Hamid Karzai Pakistani President Perv

Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Project Secured $200 Milion Investment from Shareholders

Turkmenistan-South Asia natural gas pipeline project has secured $200 million of investment from its shareholders. The project, developed by the Asian Development Bank, will now begin important studies to determine the projects detailed costs, routes, and other environmental as well as social factors.

Read Full Article
Consumers Scan QR Of Alipay To Pay At Local Market In Wenzhou

Alibaba’s Alipay Will Launch European Expansion This Summer

Alipay is working on a plan to launch services in Europe this summer. The service will make it easier Chinese tourists to make transactions with European merchants using the app.

Read Full Article
Chrysler CEO Marchionne Addresses Company's 2014 Investor Day

Fiat Chrysler to Lay Off 1,300 Workers in Michigan, Investing More on Light Truck Productions

Fiat Chrysler is announcing a 1,300 job cuts as a result of the company’s decision to focus on producing light trucks and SUVs. American automakers are reportedly struggling to make money on other car models, such as sedan recently.

Read Full Article
Illustration Of Japanese Yen Notes

Yen Hits 17-Months’ High Against US Dollar, Forecast For Further Appreciation

The Japanese yen has reached the top hitting a 17-month high on Tuesday. The appreciation takes place following advice from Japanese Prime Minister for cautious market intervention by authorities. Addition of value to yen cause downward trend in Nikkei average index on the same day leading towards a 18% drop during this year.

Read Full Article
JAPAN-STOCKS

Asian markets trade lower as US risk-off sentiment kicks in

Tracking sell-off on Wall Street, Asian markets turned weaker. Renewed growth concerns and effectiveness of central bank policy have worsened the investor sentiment.

Read Full Article
Opec Oil Ministers Meeting As Output Likely To Remain Unchanged

Angola Seeks IMF Help as Oil Price Hit The Economy

The second largest oil producer in Africa will start negotiate with IMF next week for a bailout program. Continuous drop of oil price hit Angola economy after years of prosperity from oil production.

Read Full Article
Demonstrators In Munich Protest Upcoming G7 Summit

Monsanto Q2 profit falls as demand for seeds weaken

Monsanto reported a 25% drop in its quarterly earnings as farmers try to reduce their expenditure. The company updated its earnings guidance for 2016.

Read Full Article
Facebook-Owned Mobile Messaging Application WhatsApp Adds End To End Encryption

Haptik raises finance from Times Internet

Haptik has raised $11.2 million from Times Internet through a Series B funding round. Haptik will use the fund to develop its business portfolio, boost non-natural workforce abilities as well as improve business policies.

Read Full Article
Yoani Sanchez Presents 'Wordpress. Un Blog Para Hablar al Mundo' in Madrid

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 Series A fund for its expansion efforts from a round of investors led by Five Elms Capital. The Omaha startup now serves 40,000 clients and intends to grow further with the aid of newly raised fund.

Read Full Article
A taxi driver is using Didi Dacha App

Competition Heats Up In China Between Uber And Didi Which Raised Funding Target to Over $1.5 Billion

Didi's target for funding has raised to $1.5 billion to compete with Uber in China. Didi operates in 400 cities and is expected to accelerate to about 10 million at the end of the year.

Read Full Article
1 2 3 4 5 6 7 8 9 10  

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics