The tequila industry expected to record sales due to National Tequila Day, a vital holiday being celebrated today.
Industry
Proposed SEC rule detrimental to startups, says entrepreneurs and small business advocates
Entrepreneurs said that the proposed SEC rule requiring private placement issuers to file solicitation materials with the SEC will result to startups raising less capital.
US Crude oil futures slip, the first in five weeks
US crude oil futures suffered its first loss in five weeks as concerns about the slowing Chinese economy continue to haunt the industry.
Canon, Nikon blames smartphone boom for slowing camera sales
The camera-producer titans find it hard to sell its product due to the increasing demand for smartphones.
Nasdaq, other companies, lose hundreds of millions to computer hackers
Hundreds of millions of dollars were stolen from Nasdaq and other companies by computer hackers based in Russia and Ukraine.
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UK Asset Resolution, dubbed as Britain's "bad bank" has agreed to sell the Northern Rock loan portfolio for US$615 million.
The Renewables Infrastructure Group Ltd. raised US$460million or GBP300 million in concluded IPO. The Renewables Infrastructure Group Ltd. (TRIG), announced that they were able to raise GBP300 million or US$460million.
ADNOC announced that they are halfway through their US$40 billion investment plan. Abu Dhabi National Oil Co. (ADNOC) said that they are halfway through plans for the company's US$40 billion investment plan.
European stocks rebounded with Volvo and EasyJet as top gainers. European stocks have rebounded, with Volvo and EasyJet leading the top gainers. The world's largest truckmaker, Volvo, posted a gain of 3.
Investors have now raised their longer-dated Treasuries after Bernanke appeased their worries. After Federal Reserve Chairman Ben Bernanke appeased worries about increasing interest rates, investors have now raised their holdings of long-dated Treasuries.
The dollar has risen after a month-long slump but the journey upwards is not going to be smooth. From a low of 82. 047 on Monday, the dollar index, DXY has risen to 82.
Companies such as Apple and Google work around out of date tax rules to gain access to less painful taxes.
Apple reported an increase in sales after analysts predicted a decline today. Despite a general negative outlook on Apple's future performance, Apple Inc.
Indian government calls out to millions of non-residents for revival of rupee. India is planning on reviving the rupee by reaching out to millions of its non-resident citizens to assist in reversing the currency decline.
