H&M, considered the world's second largest retailer of fashion items, reports a sales rise of 16% for the month of July. According to the report, it is already their tenth consecutive month of enjoying sales rise of at least 10 percent. H&M in its press release said that it will release its updated third quarter report on September 15 of this year.
Sectors
Lowe's Companies reports Q2 $1.13B fiscal earnings but failed to meet Wall Street's expectation
Lowe's Companies Inc reports this year's second quarter net earnings at $1.13 billion, an eight percent increase from last year's $1.04 billion.
IMF dashes hopes of China; Yuan still out of fund's currency basket
The world's second largest economy China has to wait for one more year to make its currency 'Yuan' a part of International Monetary Fund's (IMF) currency basket. Dashing the dragon country's hopes, IMF's board favored a decision to keep renminbi as it is until 30 September 2016 year.
Big Data in Food Production: FarmLogs helps farmers increase crop yields using flow sensors and satellite imagery
FarmLogs CEO Jesse Vollmar has come up with a monitoring solution that would utilize significant data to improve production of crops through cloud computing.
European bailout fund grants release of aid to Greece
The first tranche of the bailout package for Greece has been released. The European Stability Mechanism board approved the release of €26 billion ($29 billion) Wednesday after assemblies of creditor nations, including Germany, endorsed the package.
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German car manufacturer Volkswagen placed thousands of car owners at risk of being electronically hacked by blocking the results of a white hat study about the security of their vehicles' electronic systems in European courts.
Education promises a brighter future. But for most of the students in the country, it means a $35,051-worth of student loans after graduation. In America, there are 40 million borrowers that collectively own more than $1.2 trillion. Out of all the borrowers in the country, some 8 million default on their debt.
Taking mobile payments a step further, a new app on Apple Watch called 'Square Cash' enables transfer of funds among the users for free of cost. Without using your wallet, one can pay mobile payments using Square Cash on Apple Watch.
The oil price in the global market continued to skid further on Wednesday touching a new low since March 2009 while crude inventories in the US are increasing.
Charging an electric car in the United Kingdom may soon be as convenient as charging a phone. The British government is testing later this year a motorway that enables electric cars to charge as they drive, using magnetic induction technology.
If a certain product is running a great promotion, it will not be ignored by avid consumers especially if it is a well-known brand like Sephora. But what if that great promotion turned out to be a massive disappointment?
The Chinese stock market is registering a volatile trading pattern as investors became nervous about the future course of the market. The slowdown in the dragon country's economy growth has become a cause of concern for the investors.
American Express redefines gaming experience as it launches a new virtual-reality action where tennis fans can play with Maria Sharapova at the 2015 US Open, which starts on August 31.
Is Windows 10 spying on you? The poor privacy that this new operating system offers seems to be reinforcing that notion. Merely three weeks after Window 10's release, reports have been spreading all over the internet that this new OS is collecting too much personal information, and there seems to be no stopping it.
