The oil production in Colombia is poised to drop below the target of one million barrels per day in 2016 following the slowing down of drilling activity and ageing of major oil fields.
Regions
China warns WTO on its cheaper exports hard to resist
Reacting to concerns over Chinese dumping, the world's second-largest economy has slapped a notice on complaints with World Trade Organization (WTO) that such baseless concerns about its cheaper exports should need to meet higher standards from December 2016.
Goldman Sachs sells 1.3 million Valeant Asset instead of allowing CEO to add collateral
Goldman Sachs sold 1.3 million shares from Valeant on Thursday, which the pharmaceuticals company was holding as collateral for its CEO, Michael Pearson.
Facebook rolls out Notify, a notification app
Facebook releases another new app today that will help users to receive notification from all Facebook-owned app under one app known as Notify.
T-Mobile is offering free data usage for video streaming
T-Mobile now offers a new option for users to stream videos on their mobile devices without using up too much data allotment against their plans. The company's chief executive John Legere announced Tuesday the new video streaming plan that is called "Binge On" in a move that would hopefully attract more users to register in their network, according to Reuters.
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Major League Baseball Commissioner Rob Manfred remains hopeful that a big league team will be at the exhibition game in Cuba next year. And the commissioner even expressed his high hope that the Major League Baseball team headinf to Cuba would be a good thing for baseball.
Google Inc. has launched a new version of Google Maps that allows users to get offline navigation and search. The redesigned Google Maps service allows users to download detailed maps of the specific area to their phones, so they can get directions even when they find themselves without connectivity.
Apple Inc. announced on Tuesday that developers will now be able to invite around 2000 users to help beta test the applications for both iOS and newly launched tvOS via its TestFlight evaluation tool.
Lockheed Martin Corp got the $969 million deal from Pentagon to build 17 C-130 J military transport planes.
Pentagon announced awarding the contract to Lockheed on Tuesday. The work is expected to be finished by April 2020, according to the Department of Defense.
A 16.08 carat rare pink diamond sold for more than $28.55 million (28.73 million Swiss francs) at Christie's Geneva Magnificent Jewel sale. The largest cushion shaped vivid pink diamond in the auction was purchased by a Chinese client based in Hongkong. The private buyer dubbed the diamond as "The Sweet Josephine".
Artificial Intelligence seems to be working great for the tech giants including Google, Facebook & Apple who are working hard these days to get the best outcome.
Many brands are emerging around the globe with prices almost touching the sky. It is a well-known fact that majority of the population goes for sales day to get hold of their favorite products primarily from their favorite brands. The trend of online shopping is immensely popular and if a sale is announced online for 24 hours, with 90% of the prominent brands participating, it will turn the day into a momentous shopping spree gala.
Lenovo started at developing circuit board to process Chinese character in 1984. It now has become the most respectable name in PC market. Led by CEO Yan Yuanqing, Lenovo has launched to become a solid global brand.
Denver-based Molson Coors Brewing Co is in advanced stage of buying rest of the stake of SABMiller in Miller Coors LLC for $12 billion. This buyout will make the way clearer for $106-billion merger of SABMiller Plc and Anheuser-Busch InBev NV.
