Sectors
Major oil firms have biggest war chests for takeovers
The continuous oil price fall is one side of the coin. The other side is showing rosy picture as six major oil companies have more than enough funds to snap up competitors. It's estimated that world's top six listed oil companies have over $0.5 trillion in stocks and cash enough to fund takeovers plans. ExxonMobil lead the pack, while Chevron, BP Plc, Shell, ConocoPhillips and Total are in the top-six positions.
Apple’s ‘Liquid Expulsion’ will make your iPhone more water resistant
Apple Inc. announced it was recently granted a patent to further protect its devices from water damage. The patent titled "Liquid Expulsion fron an Orifice" was initially filed in 2014.
Pound Fell Against Dollar Before Fed Speakers Could Impose Rate Hike
The pound fell without precedent for the first time in four days against the dollar amid speculation Federal Reserve authorities speaking Thursday will set the stage for a U.S Interest-rate increment in December.
Drop in agriculture brings down Hungary economic growth in Q3 below forecast
Registering slowest growth rate during the past nine quarters, Hungary's economy growth rate was weakest during the third quarter ending September as agriculture production drop impacted the gross domestic product (GDP) significantly. The stagnant construction activity coupled with underscoring risks to the government's capacity to keep up the economic momentum has been adversely impacting the GDP growth rate.