Record high employment rate and domestic spending propelled German GDP rate by 1.7 percent in 2015, according to the German authorities' calculation.
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French president puts country under state of emergency, promises to redefine economic model
France is now under “a state of economic and social emergency”. To keep up with the world's economy, French President Francois Hollande also unveiled a 1-billion-euro budget.
BP Plc to trim jobs in crude-oil production unit: Reports
UK-based Oil giant BP Plc plans to trim 4,000 jobs in its crude-oil production unit as crude oil price slump.
Apple Finally Succeeds In Imposing Ban On Older Handsets Of Samsung
Apple has won a court verdict regarding trade banning on certain older Samsung handsets. The verdict has been appeared as a long cherished Apple appeal. But since the matter relates to smart phones, so industry insiders prefer for negotiation instead of imposing court injunctions. This is because of the fact smart phones require others’ features to include on payment basis for continuous development of products to sustain in the competitive market.
Two Door Concept in Lincoln Continental 2017 Leads To Debate For Coupe
The Detroit Auto Show, 2016 has witnessed production version of a new Lincoln Continental which has been reported to be build as a saloon. Powered by a 400 HP two turbo 3-liter V6 engine, the car has been demoed in the luxury car category and scheduled to be available in later this year. But deduction of two doors has marked questions for naming the car a coupe.
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After two years of active search, the bureau has finally decided the search team should conclude their mission by the middle of this year. The decision was taken jointly by the Australian, Chinese and Malaysian governments, due to lack of any leads or clues that could take them to the exact location of the mysterious disappearance of MH370.
A huge rise in automation, against a backdrop of an outdated education system, have left the young generation fearing for their jobs in the coming future. A survey shows that 80% of the workforce feel the dire need of upgraded skills and know-how, at par with the rapid technological changes.
Mayor Bill de Blasio’s administration along with the horse carriage industry of New York came to an agreement to shrink horse numbers in the city from 220 horses to only 95 horses by 2018.
Both Wells Fargo and Citigroup have been badly hit with the historic low oil price. The Walls Street banks have heavy investment in energy portfolio and the industry is passing through a nightmare since 2008. Both the banks have been forced to keep provision against the default power investments. But real estate portfolio has helped Stagecoach to leave behind the umbrella with its greater contributions predicted earlier.
Microsoft has started to display HoloLens, its first AR product at its flagship stores in New York. Unlike similar products developed by other competitors, the WiFi device has a very poor battery life. The tech giant is working to transform the device devoid of such shortcomings and expects to make it available in the first quarter of the current year.
The website for students and lecturers should have displayed links to class resources and informations. But instead, it showed pictures of militants and the verses of Quran in Arabic.
Michigan appears to be the first US state to enjoy gas at $0.77 a gallon. The states closer to the refineries or containing those, enjoy gas at a relatively cheaper price. In the blink of further oil price fall, the US states, who are badly hit due to falling oil price, are considering to increase gas tax. These states aim to continue development works in communication sector, which they are unable to allocate with the problem riddled economies.
A simple formula by an ace mathematician has managed to challenge the 'endless' claim on its slogan by the fast food giant, McDonald's
Japan's Prime Minister's focus on improving the nation's day care facilities to help women population work. This, he believes, plays a pivotal role in improving the sluggish economy as well as their ageing population.
