United States
Pentagon taps Boeing, Apple, Harvard to develop wearable tech for soldiers
US Defense Secretary Ash Carter on August 8 gave $75 million to FlexTech Alliance, a consortium of giant tech and research firms, to develop an electronic device small enough for soldiers to carry.
Naver Corp waits for better market conditions before deciding on IPO
Giant South Korean web portal operator Naver Corp is yet to decide on when put its messenger app unit Line Corp on Initial Public Offering (IPO) due to the present volatility of the market.
First NBC and State Investors to extend merger agreement to December
First NBC Bank Holding Company and State Investors Bancorp, Inc. announced on August 27 that they will extend their merger agreement to December 31 this year.
High market volatility forces investors turn to cash, gold
The stock markets last week witnessed shifting of priorities to gold and money markets funds as high volatility make equity markets uncertain following the steep fall of over nine percent on Chinese market on opening day of the week Monday. This has led to record outflows from equity funds during the week.




