VENTURE CAPITAL POST

WOW Air has wowed the masses with its expansion into United States' South West at an unbelievable cost of $199. This carrier will fly passengers from California to Europe at this no-frills cost. A #WowinCali contest on social media has added to the hype, where the contest winners can win free tickets on this new route.

Credit Suisse has received regulatory approval for opening its new branch in Ireland. The Swiss bank is setting up a new branch in Dublin as part of its cost reduction exercise. Credit Suisse is restructuring its securities trading and prime brokerage operations. Credit Suisse is in the process of meeting capital requirements and improving shareholder returns.

The 13 automotive CEOs across the world including the Renault-Nissan Alliance has released the statement on the weekend over the commitment to reduce global emissions by providing cleaner transportation.

Budget consumers itching to get their hands on a Windows 10 run smartphone could rejoice to the release of the Lumia 550 as it is up for grabs for only $139. Gizmodo writes the phone is perfect for those who need a Windows phone but are on a tight budget because it is the cheapest Windows 10 handset available yet.

South African largest media company, Naspers increases its U.S exposure. The company that has operated in 130 countries is ready to expand its service worldwide

In order to ensure faster processing of foreign arms sales in the US, the government is putting immense effort. In the financial year 2015, the foreign arms sales heaved 36% to 46.6 billion. Besides, as per pentagon official's view, the sudden surge expected to remain strong in the coming years.

Morocco will build the largest concentrated solar power in the world at Ouarzazate city. The project, alongside with hydro and wind, will help provide nearly half of Morocco's electricity requirement by 2020.

Europe recession looks enduring, warns the IPPR report. It said the severe unemployment and underemployment in Europe are signals of an alarming situation about the deepening recession.

Luxury vehicles as much as possible are perfectly manufactured from every angle to maintain company's repute and market. Tesla, despite being relatively small as compared to automakers, cares more about its repute. Even a single fault discovered in its luxury vehicles isn't tolerated.

Facebook is a platform for social connectivity as well as for presents a ground for many advertisements and articles. Facebook has rolled out 'Instant Articles' in India on Monday together with India Today, Quint, HT, The Indian Express and Aaajtak.

Due to the lower cost of regulatory fines, HSBC's pre-tax profit in the third quarter increased 32 percent to $6.1 billion from $4.6 billion in the same period last year, beating analysts' expectations of $5.2 billion.

The second quarter for Japanese automobile majors is expected to be positive as the sales surged in the US market. Toyota Motor Corp, Nissan Motor Co and Honda Motor Co. registered a rise in sales volume in the North American market during July to September. Investors are closely monitoring the forecasts about vehicle sales to ascertain the possible outcome from the third quarter results. The US and China markets account for one-third of global sales for the top three Japanese automobile companies. The rise in US sales and weaker Yen may add to profits for the Japanese automobile majors during the quarter.

Volkswagen AG, Europe's largest automaker, is maintaining an investment plan to build a new seven-seater sports utility vehicle. It is starting next year at its only manufacturing plant in Tennessee, although beset by issues of cost cuts in the wake of the company's diesel-emission manipulation scandal.

Starbucks, the most popular coffee brand in the world, has a special treat for both Halloween lovers and coffee enthusiasts as they announced plans on releasing a new vampire-inspired beverage, the Frappula.

Huawei Technologies Co. dislodges Xiaomi Corp. from its position as the biggest smartphone maker in China. The company sold 27.4 million devices in the quarter ended September 30, according to reports citing data from research firms. That's up 81% from the previous year.