H&M, considered the world's second largest retailer of fashion items, reports a sales rise of 16% for the month of July. According to the report, it is already their tenth consecutive month of enjoying sales rise of at least 10 percent. H&M in its press release said that it will release its updated third quarter report on September 15 of this year.
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McDonald's hit with labor and tax malpractice allegations during Brazil hearing
Fast-food giant, McDonald's was recently hit with allegations suggesting that the company has been avoiding making tax payments and abusing their employees during a hearing held in Brazil.
IMF dashes hopes of China; Yuan still out of fund's currency basket
The world's second largest economy China has to wait for one more year to make its currency 'Yuan' a part of International Monetary Fund's (IMF) currency basket. Dashing the dragon country's hopes, IMF's board favored a decision to keep renminbi as it is until 30 September 2016 year.
Big Data in Food Production: FarmLogs helps farmers increase crop yields using flow sensors and satellite imagery
FarmLogs CEO Jesse Vollmar has come up with a monitoring solution that would utilize significant data to improve production of crops through cloud computing.
European bailout fund grants release of aid to Greece
The first tranche of the bailout package for Greece has been released. The European Stability Mechanism board approved the release of €26 billion ($29 billion) Wednesday after assemblies of creditor nations, including Germany, endorsed the package.
Latest News
Samsung is now being speculated for preparing up to release the purported Galaxy O5 and Galaxy O7 smartphones under the new Cell phone arrangement Galaxy O series. The devices said to unveil on September 23-25 as a virtual reality based smartphones.
The company’s leaked documents reportedly confirmed that Samsung Galaxy S7 will run on Android M and a Qualcomm Snapdragon 820 processor. The device is also speculated to sport impressive holographic screen and infrared sensor.
The new Samsung Galaxy Tab S2 is expected to hit the retail stores this month with 9.7″8.0″ variants. The latest flagship is reportedly running on Android 5.1, Iris scanner, 64-bit, 8Mp camera and 3GB RAM.
Xiaomi Mi5 and Mi5 Plus is anticipated to run on Android 5.1.1 or Google's operating system future version decorated with Xiaomi's own MIUI skin.The Xiaomi Mi5 is reportedly having a price tag of $371 and Mi5 Plus at $600.
The fourth instalment of the famous young adult movie franchise based on C.S. Lewis' "The Chronicles of Narnia" is set to revive the movie series' five-year hibernation. The question is: will "The Silver Chair" make it as a big screen comeback?
Filming for The Huntsman is currently underway, and Chris Hemsworth has been photographed wearing leather suit and playing with his axe during break time. The actor also says he feels lucky to star alongside the actresses in the cast. Meanwhile, reports have surfaced that the upcoming film might include a death of one character after a funeral was set.
Resident Evil: The Final Chapter to conclude series; Ali Larter says script will not disappoint fans
Ali Larter who plays Claire Redfield in the Resident Evil franchise confirmed that the upcoming Resident Evil: The Final Chapter will indeed be the last instalment in the franchise. Project Alice will go against time in the upcoming film in order to stop the Red Queen's evil plan.
Avengers: InfinityWar Part 1 is still a couple of years away, but rumors have surfaced that some of the heroes might die in the upcoming film. Speculations also suggest that Thanos might not be the only villain to shake things up in the MCU.
Vin Diesel has finally revealed that the title for the title for the upcoming Fast and Furious instalment. New rumors have also surfaced about Cara Delevingne and Zhang Ziyi becoming new members of franchise' cast.
