The gold price drop last week showed its lowest since 2010 and the yellow metal is poised for further fall likely to record biggest monthly drop in the past two years.
Industry
One M10 Rumors, Release Date: Scheduled For Unveiling On October; Can The “Hero” Phone Save HTC Or Will ASUS Take Over?
With HTC's unimpressive performance from the One M9, the company attemps one final push for redemption with the One M10. Will this "hero" smartphone save the day? Or will HTC finally sell to ASUS. Read more on the details catch the latest news here!
Auto insurance industry clueless on driverless cars
Car insurance companies are puzzled when Google driverless cars hit the roads in some areas in America. Some of the alternate plans include the extension of the insurance coverage to mobile phones as well as the carmakers for the expenses in case one of the features of the driverless cars crashed.
Stock markets expected to be under 4% annual growth
The slowdown in economic growth in major economies is expected to keep the stock markets under four percent annual growth in the near future. The second half of 2015 is expected to be sluggish following the bleak economy outlook for the US, EU and China.
US tech companies lead the $100B market capitalization list
Three of the top companies by market capitalization in the US are technology companies established after 1970 that make waves in the global markets until today.
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Western and Middle East insurance specialists see Iran as an appealing $8 billion (£5 billion) market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be lifted means they are treating the country with caution.
McDonald's suffers drop in sales after losing business to other food chains. Its rebound plan fails to deliver the desired results, focusing more on popular regional menu items.
Apple may have exceeded internal targets for third quarter of fiscal year 2015, but Wall Street is not impressed. In its earnings report, the company announced that sales of iPhone, which represents more than half of Apple's business, had increased.Apple sold 47.5 million iPhone units.
Farmer Kenny Mabvumbe looked upset as he returned virtually empty-handed from the tobacco auction floors in the Zimbabwean capital of Harare.
Gold fell more than 1 percent to a five-year low on Wednesday as a bounce in the dollar fueled downside momentum, with investors continuing to pull away from the metal after its dramatic slide earlier this week.
Amazon Inc., through its subsidiary Amazon Web Services (AWS), will be building a 208 megawatt wind farm in North Carolina. The wind farm will be built and jointly operated by AWS and Iberdrola Renewables, LLC of Portland, Oregon, and is the first utility-scale wind farm in the state.
Some of the top American companies have joined hands to form the 100,000 Opportunities Initiative with a commitment to create economic opportunities for the youth of America. It aims to be the country's largest employer-led coalition with a goal to provide 100,000 young people with employment opportunities by the end of 2018.
U.S. retail sales unexpectedly fell in June as households cut back on purchases of automobiles and a range of other goods, raising concerns the economy was slowing again.
Citibank is testing on a new digital currency Citicoin at this point, handling a run-through platform and evaluating key measures. In line with this, the premier bank is also suggesting the U.K. government to provide its own digital cash.
