Sectors
Nvidia clocks 42% growth in EPS in Q3
Nasdaq-listed Nvidia Corp has posted earnings per share (EPS) of 44 cents registering a 42 percent growth from previous year's 31 cents during the third quarter ending October 2015.
Two Fed officials say rate hike likely next month
There is a possibility of an interest rate hike next month, according to two senior officials of the Federal Reserve. Speaking before the House Financial Services Committee during a hearing on financial regulation, Fed Chairperson Janet Yellen said the economy had been growing at a pretty good clip, an indication it might be time to raise short-term interest rates.
Toshiba intends to offload $7B US gas commitment
Amidst a major accounting scandal, Japanese electronics major Toshiba is in the process of offloading its $7.4 billion (GBP4.87billion) commitment on US liquefied natural gas (LNG) imports.
Chronos Turn Your Favorite Wrist Watch Into Smart Watch
Smartwatch offers a new level of comfort with more than just a timekeeping. However, smartwatch have not been able to penetrate market well enough. A new innovation from Trivoly is expected to bridge the gap between mechanical watch and smartwatch. Chronos, a tiny disc that is able to turn regular wrist watch into smart watch is planned for shipping worldwide in February 2016.