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Shanghai Gold Exchange allows gold, other securities as collateral trading

The Shanghai Gold Exchange (SGE) has allowed using physical gold and other securities as collateral on futures contracts trading. The move is aimed at increasing volumes and attracting investors from other markets.


Vista Equity Partners to buy Solera Holdings Inc. for $6.5 B

Vista Equity Partner is nearing to close a deal to buy a Texas-based company, Solera Holdings for $55.85 per share in cash. The total valuation of the deal including Solera's net debt is said to be worth $6.5 billion. The purchase price represents a 13 percent premium to the company's stock value.

Facebook’s React Native for Android open-sourced for native development efficiency across major platforms: “Learn once, run anywhere”

Facebook open-sources React Native for Android to speed up mobile development across major platforms such as the Web and iOS. React Native uses the same set of code for all platforms to cut down on coding time.

Will there be a 'Fantastic Four 2'? Writer and producer Simon Kinberg figuring out a sequel

Writer and producer Simon Kinberg figuring out the possibility of a 'Fantastic Four' sequel.


Latest News

French-based plane manufacturer, Airbus Group will officially open its second single-aisle aircraft facility outside of Europe after China next Monday. The $600 million plant located in Mobile, Alabama is said to be the world's most efficient plant and is officially known as the Airbus U.S. Manufacturing Facility. The new facility is set to rival Boeing production in an effort by Airbus to grow their presence and grab more share of the $80 billion industry.
The Xiaomi Mi 4C will reportedly come in two variants based on RAM and internal memory storage. The device brings more value for money compared to the Oppo R5s because of its faster processor.
Surpassing analysts' projections, UK retailer Next Plc posted better than expected results for the first half of 2015. The pretax profit rose 7.1 percent to GBP347million ($533MN) for the first half. Retail profit margins grew 14.9 percent from 14.1 percent during the previous corresponding period. The strengthening British pound also helped Next Plc improve profit margins.
You Tube Canadian star, Nicole Arbour defended herself from the backlash. She says she only want to add humor on a serious subject. It was revealed that the director from her upcoming movie project kicked her out.
The “Bold and the Beautiful” September 14-18 episodes showed Steffy's true colors and her revenger towards those that have treated her with contempt. The present episodes showed Steffy gaining an upper hand.
On Wednesday, McDonald's announced its plan to fully transition to cage-free eggs in the U.S. and Canada over the next 10 years. The all-time favorite fast-food restaurant will join the booming number of restaurants and food companies making the same commitment to meet consumer demand, reported by Chicago Tribune.
Cars 3 is not going to be released later than Incredibles 2. Cars 3 is also not lagging behind the production of the Incredibles sequel, and release dates are still unconfirmed at this point.
Kristen Stewart just recently openned up about her first love and how she relates with her role in her latest movie. On the other hand, her revelations created rumors that she was talking about her breakup with ex-boyfriend Robert Pattinson.
While “Mad Max” had been receiving good reviews, players had been experiencing some pesky issues, from mission bugs to crashing issues in the game. Users took their cause to gaming communities and forums to seek help.
Switzerland is adding another factory for Nespresso, Europe's largest single-serve coffee brand. This is to manufacture capsules uniquely designed for the U.S. consumers where sales growth is bigger than its home continent according to Bloomberg.