Oil prices plunge to the lowest level in more than a decade to below $33. The economic slowdown of China is also stammering global economy outlook even more.
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Saudi Aramco plans IPO
Saudi Aramco may tap capital market very shortly. The Kingdom of Saudi Arabia (KSA) is considering a major restructuring plan for the world's biggest oil producing company in the wake of lower oil prices. The Saudi government may also sell some of the stake in Aramco.
U.S. Marshall Raided Hoverboard Booth at CES 2016
U.S. Marshall showed up at Consumer Electronic Show 2016 on Thursday. The federal official raided an alleged counterfeit hoverboard booth on court order, upon request from Future Motion.
Deadly H5 Avian Flu Hits China, One Fatality Reported; Virus also in France, Nigeria, Taiwan
The H5 Avian Flu virus has been appearing in poultry farms and markets around the world in the last month. In China, there has even been a fatality, with 5 other cases of transmission to humans.
The World's First Smart Bra is Introduced in CES 2016
One innovative product appears in CES 2016. OMsignal, the pioneer of smart clothing introduces a smart bra that is able to function as fitness tracker.
Latest News
The name Motorola will no longer be seen on mobile phones. Lenovo, its parent company announced to stop using Motorola name anymore in its mobile phone.
California Governor Jerry Brown declared Porter Ranch under a state of emergency Wednesday due to the massive natural gas leak from the Southern California Gas Co. that has adversely affected residents for months.
German factory orders grew 1.5 percent in November more than economists have projected mainly driven by the strong domestic demands.
The pound drops to its weakest since June 2010 by 0.4 percent to only $1.4575 9 am January 7 London, as Chancellor of the Exchequer George Osborne warns of threats abroad against the British economy in 2016.
SpringOwl Asset Management managing director Eric Jackson recommends Yahoo to replace CEO Marissa Mayer and cut 9,000 of its workforce.
Taking oral birth control pills after, before, or during pregnancy doesn’t lead to higher risk of birth defects, according to a new study by US and Denmark researchers.
TransCanada Corp sues US government to reverse President Barack Obama’s decision to reject its Keystone XL pipeline. Canadian firm also seeks $15 billion in damages from the North American Free Trade Agreement.
The 2017 Mercedes-Benz E-Class is given permission to test driverless cars in Nevada, making it the first “standard-production” vehicles to get public autonomous testing license in the state.
Despite the threats that Apple Watch could fail, the company’s COO Jeff Williams said in a radio interview that they have been receiving “tons of emails” from people who say that the device actually saved their lives.
