Sectors
French Industry Production Plunges Lower to 0.8%, Lowest Since November 2014
French Industry slumps lower in the third quarter as production unexpectedly fell to 0.8%, a number lowest since November 2014. Economists forecasted a 0.2 increase according to Bloomberg survey, making the 0.8 percent downward curve such a big surprise. The statistics office reported Thursday that French industry output fell by 0.8 percent annually. Meanwhile, manufacturing output also dropped by 1 percent this month.
Matahari Mall launches in Indonesia, with $500M funding from Lippo Group, Aims to be "Alibaba of Indonesia"
With an ambition to be the next eCommerce giant in Southeast Asia, Matahari Mall officially launched Wednesday with $500 million funding from giant Indonesian real estate development company Lippo Group.
Apple TV Shows Promise, but It Still Doesn't Change the Way People Watch TV
Apple launched the new Apple TV during its big product even in San Francisco Wednesday, showing a lot of promise with the Siri remote; but critics believe it still hasn't "cracked the code" in ultimately changing the way people watch TV.
Nintendo partnered with Niantic to develop the real-world mobile game, Pokémon Go
Nintendo, the largest Japanese video game company, had teamed up with Niantic Inc. to develop Pokémon Go, a mobile game based on the popular monsters from the Japanese cartoon series.