The first tranche of the bailout package for Greece has been released. The European Stability Mechanism board approved the release of €26 billion ($29 billion) Wednesday after assemblies of creditor nations, including Germany, endorsed the package.
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Iran's huge potential now open for global investments as crisis-hit nation comes out of sanctions
With sanction being waived off, Iran's underdeveloped oil and gas sector is now open to global investors. Six global powers- the US, the UK, Germany, Russia, France, and China- have agreed on a deal to lift sanctions on Iran with conditions.
Gazillion points not needed, Get free flight for just 4,500 Avios points through British Airlines
People have a misconception about airline miles, believing that it needs unattainable points to redeem a free flight. This may be true for first class or business class flights, as well as long, international flights. But with British Airways Avios, 4,500 miles can already mean a 600 miles-or-under flight.
Lowe's Companies reports Q2 $1.13B fiscal earnings but failed to meet Wall Street's expectation
Lowe's Companies Inc reports this year's second quarter net earnings at $1.13 billion, an eight percent increase from last year's $1.04 billion.
McDonald's hit with labor and tax malpractice allegations during Brazil hearing
Fast-food giant, McDonald's was recently hit with allegations suggesting that the company has been avoiding making tax payments and abusing their employees during a hearing held in Brazil.
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Twitter now wants to forge more content partnerships in the regions of the Asia Pacific and the Middle East. As part of the company's efforts to manage such a feat, the social media giant has tapped their own Singapore-based executive Rishi Jaitly to lead teams to be spread out all across the different sections of the regions, according to Reuters.
Intel Health executive Eric Dishman has to fight his Kidney Cancer for 23 years before it was treated. Now, Intel launched a network that would make cancer treatment plans in just 1 day by 2020.
H&M, considered the world's second largest retailer of fashion items, reports a sales rise of 16% for the month of July. According to the report, it is already their tenth consecutive month of enjoying sales rise of at least 10 percent. H&M in its press release said that it will release its updated third quarter report on September 15 of this year.
Hyundai and Kia Motors reportedly changed their China executives after sales in China significantly reduced. The company plans to improve its selling strategies to cope with the ever-changing needs of the Chinese market with the help of new executives.
Startup companies centered the stage at a two-day demonstration organized at the Computer History Museum in Mountain View, California. Hardware technology was highlighted as 20 hardware inventions were featured accelerating ahead of the usual mobile app startup.
German car manufacturer Volkswagen placed thousands of car owners at risk of being electronically hacked by blocking the results of a white hat study about the security of their vehicles' electronic systems in European courts.
Adidas extended its contract with Indiana University for the next eight years, giving IU $6.7 million annually, which is twice the amount compared to their previous deal. The deal worth $53.6 million in total is good until 2024. The ten-year previous contract between IU and Adidas will end after this academic year.
Adverse conditions in the global markets took a toll on Norway's Pension Fund, the world's largest sovereign fund, in the second quarter.
The growth rate of new businesses in the U.S. is particularly slow, but the latest government data shows that the number of women-owned firms has increased quite significantly.
