China revealed their first owned passenger plane manufactured by a Chinese initiative to compete with the leading global aircraft manufacturers for the largest passenger jetliners in Aviation market. Though, China is also among the mammoths in Aviation industry, the state still depends on Boeing and Airbus aircraft.
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American Tech Giants Increasing Partnerships with Chinese Companies Impose Threat to US National Security
More and more United States giant tech companies are partnering with Chinese firms that are connected with the Asian country's military, leading to fears that it may improve Chinese military technological capabilities and could even harm US national security.
HSBC Pre-Tax Profit grew more than expected due to lower regulatory fines cost
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.
Energy, healthcare triggers Wall Street gains; Nasdaq 100 hits 15-year high
US Stocks went up across sectors Monday largely due to the increases in the energy sector and the growing acquisition activities in healthcare. Reuters reported that the increases on the first trading day of November happened right after the impressive October figure, which is the best monthly performance of the major indexes in the last four years.
iPad Pro to hit the shelves next week
At Apple's iPhone 6 launch on 9th September, Apple also unveiled its iPad Pro, a 12.9inch wonder gadget described as the most capable and powerful iPad ever created making it a most wonderful gift this Christmas.
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The US American Express Centurion is already considered as a huge step up from other domestic US lounges as they feature great decors from real hot food, complimentary beer, wine, and cocktails. And now, they decided to pair up with Uber rides with their new free rides promotion.
American film maker, producer, writer and creator of Star Wars, billionaire George Lucas and his wife Mellody Hobson, through the George Lucas Family Foundation, are donating $10 million to George Lucas' alma mater - the University of Southern California's School of Cinematic Arts.
Snapchat rolls out another new feature that will allow users to use slow-motion, fast-forward, and rewind to their videos. It is called "Speed Modifiers". Users can update to the new feature for free and it is available for both Android and iOS.
Europe's major antitrust regulator has opened an "in-depth investigation" on Hutchison's $14 billion acquisition of Telefonica UK's O2 operations. According to The Wall Street Journal, top European Union officials have been warning that mobile-phone mergers in concentrated markets can lead to higher prices and less options for consumers.
The U.S. space agency NASA claimed that the mass gain for Antarctic ice is greater than the loss suffered from melting. The latest study of NASA doesn't deny that ice mass in Antarctica is melting at an increased rate as a result of global warming but suggests ice mass gains outweigh the losses.
Japan's Purchasing Managers Index (PMI) has reached it's strongest in a year, with a seasonally adjusted reading of 52.4 for the month of October, as conducted by a business survey from Nikkei last Monday.
The leaders of South Korea and Japan have finally decided to break their long-standing diplomatic freeze in favor of combining forces to address North Korea's nuclear ambitions.
Amazon.com is finally no longer selling Apple TV or other streaming devices like Google's Chromecast to boost sales of its own Fire TV box and Fire TV Stick units. The company's plan to discontinue selling competing product was first announced earlier in October.
The mortgage processing software company Ellie Mae Inc., showed a better-than-expected result on the company's third-quarter financial report, beating expectations. Ellie Mae's revenue jumped 61% to $68.9 million, beating the analysts expectations of 46% growth. The company's shares rose by 5.84% in the past week and 8.13% for the last 4 weeks.
