The government of Greece has been faced with a controversy whether to approve bailout reforms required by international creditors. Bank of Greece have shown support that encourages the government to conform with the required reforms, including the tough pension system reform.
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Facebook, Google, Amazon’s entrance to India turns country to an 'E-commerce battleground'
Bank of America Merrill Lynch Wealth Management analysts expects India to be the next e-commerce battleground in 2016 as big tech companies like Facebook, Google, and Amazon are set to conquer the country this year.
Russian oil titans Rosneft OJSC, Lukoil PJSC differ in bond market despite low oil prices
Russia’s Rosneft OJSC is suffering more due to the below $30 crude oil prices than its privately owned counterpart Lukoil PJSC, which seems to be showing more resilience.
Brent Oil price down to $28 as Iran increases output amid global glut
Brent oil drops to $28 per barrel as Iran increases production and exports after international sanctions against the country were lifted.
Honda recalls 22,000 Shadow motorcycles due to faulty bank angle sensor
Honda recalls 22,142 Shadow motorcycles modelled from 2010 to 2015 due to unsafe position of bank angle sensor and joint connector wires.
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Women who frequently consume potatoes are more likely to develop the risk of diabetes when they become pregnant, US researchers warns.
Brent oil prices fell on Wednesday, dropping below $30 a barrel to touch $29.96 for the first time since April 2, 2004.
The BT Group deal concluded smoothly when the British Competition and Markets Authority gave its go-ahead. The verdict brought together two huge customer bases under the same roof, which can potentially make BT the largest provider of mobile, home telephone, internet and TV services in the United KIngdom.
Oil price fell below $30 a barrel on international market for the first time since 2004. The $30 mark is both a psychological and financial threshold. Brent crude, used as an international benchmark, fell as low as $29.96, but bounced back to trade at $30.22
The president of Russia, Vladimir Putin, announced that his country had found two vaccines to cure Ebola. However, the announcement has drawn some skepticism among experts who have previously developed other vaccines for Ebola.
The lower oil prices are forcing rig operators to reduce their activity in North Dakota. The number oil rigs operational fell to 49 indicating the lowest since August 2009. The number of oil rigs is expected to further drop to 30 this year. There're concerns over possible bankruptcies following the decline in oil drilling North Dakota.
Airbus Group's corporate venture capital fund Airbus Ventures has announced its first investment that was extended to a Phoenix-based Local Motors Inc. Airbus Ventures is keen on startups in the aviation industry that support Airbus business strategy. Local Motors Inc develops open source designs for building cars, helicopters and airplanes.
Majority of e-Commerce startups are running below expectations. Some of them sold for a fraction of their previous valuations. Groupon, One Kings Line and Wish.com were few examples that give insight of what's happening.
BMW reveals its new M2 at the 2016 Detroit Auto Show. The car is priced at $52,695, and a $995 destination charge.
