Flipboard raises new $50M fund for expansion - reports

Popular news-reading app Flipboard has raised $50 million from a sole investor to boost manpower and infrastructure, reports say.


David Taylor is Procter & Gamble's new CEO

Ending the long wait, Procter & Gamble Co's (P&G) senior official David Taylor is set to become the new Chief Executive Officer (CEO) replacing A.G. Lafley. The new appointment is expected to be announced on Thursday.

A family of treasure hunters discovered $1M worth of gold coins in Florida seaboard

A family of treasure hunters found $1 million worth of Spanish gold coins. The shipwreck was identified as the Capitana, a cargo fleet that sank 300 years ago due to a hurricane passing through Florida going to Havana carrying loads of fortune.

Will $500-billion buying support restore normalcy in Chinese market?

Can $500 billion restore normalcy in Chinese stock market? China's stock market capitalization melts by $3-trillion as equities crash 30% in less than a month while State-owned banks step in with buying support. Technical charts indicate further fall and economy slowdown becomes a major concern.


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Deliveroo, the startup food delivery company in London has gained investment from Index Ventures and Greenoaks Capital for its third round in the past 12 months. The food delivery service has just sealed $70M, equivalent to £45M funds, to support its plan to enter international services.
Retirees planning on settling overseas often consider costs of living as their deciding factor. Aside from the coveted seaside views, friendly English-speaking community and safety, investment is also a factor to contemplate on.
U.S. stocks ended sharply higher on Tuesday, breaking a five-day losing streak as attention shifted from trouble in Chinese equities to U.S. corporate earnings and to speculation the first Federal Reserve interest rate hike may not come until December.
The gold price drop last week showed its lowest since 2010 and the yellow metal is poised for further fall likely to record biggest monthly drop in the past two years.
The delayed talks over a third 85 billion euro bailout plan is set to take place on Tuesday. Syriza government led by Prime Minister Alexis Tsipras will hold negotiations with European troika, the tripartite committee led by the European Commission (Eurogroup), European Central Bank (ECB) and International Monetary Fund (IMF).
With recent milestones in space exploration, including this month's flyby of the New Horizons spacecraft of Pluto, one may wonder whether man has reached the end of planetary exploration.
As the price of crude oil continues to slip down, the oil companies are cutting jobs to survive the business. In the first quarter of this year, blue collar jobs were deterred, this point, engineers and scientists will be affected.
Citigroup's consumer bank has been fined to pay $700milion for its illegal credit card practices. The US Consumer Financial Protection Bureau (CFPB) has observed that Citibank's seven million customer accounts have been charged with misrepresenting costs fees. The consumer finance watchdog has also said that customers were charged for services not rendered to them. CFPB further notes that customers were affected by Citibank's deceptive marketing practices.
France is rethinking its taxi laws with the rising demand for Uber and other online ride-hailing services. France's Economy Minister Emmanuel Macron says key players are meeting next month to re-examine the industry's economic model.
Google offered $200 to $300 million to acquire Impossible Foods, a startup business, developing plant-based meat and dairy products. The company that wanted to beat the meat industry didn't agree on the price.