Falling in line with the economists' forecast, the inflation rate in South Africa rose to 4.8 percent in November, registering its highest since July 2015. Consumer prices marginally rose 0.1 percent during the month. South Africa's currency Rand fell against US dollar, euro and pound. The currency depreciation is likely to be a major risk to the inflation outlook.
Regions
Samsung Electronics and Baidu to form auto team in search of growth driver
Samsung has taken a decision a take an alternative business of automobile. The reason behind this is the declining profit generated from its Samsung handsets.
Painkillers, Heroin increase US overdose cases
A powerful type of opioid painkillers and Heroin are the leading causes of drug overdose in the US, according to new federal statistics. Yahoo News reported that opioid painkillers have long been the leading reasons for overdose deaths in the US, but cases of death with heroin use have recently grown.
YouTuber creates Lego Chicken McNugget vending machine
YouTuber Astonishing Studios created a vending machine made out of LEGO toys that dispenses McDonald's chicken McNugget.
Air Force to double drone squadrons in US, abroad
The Air Force announced Thursday that it plans to more than double its drone squadrons and spread them in and out of the United States. According to the Washington Times, this will add 3,000 more personnel, 700 pilots, and 700 sensor operators. Langley Air Force Base U.S. Air Combat Command head Gen. Herbert Carlisle said adding squadrons in Langley and Davis-Monthan Air Force Base in Arizona could help in the intelligence-gathering tasks.
Latest News
Buying Yahoo seems to be a pretty good option for Verizon, as apparently wants to be an owner of all the old school internet portals. According to Reuters, Verizon Communications Inc is the No. 1 U.S. wireless carrier company. On December 7, its finance chief, Fran Shammo revealed that they have a deep interest in purchasing Yahoo Inc's core business.
The capital outflows from the world's second-largest economy registered record level in November. The capital outflow grew almost three times in November from October.
Uber Technologies Inc. said it had been given approval from Jakarta governor to operate as a fully legal entity in the Indonesian capital, assuming it meets local tax rules and other requirements laid out by the government.
The U.S. health officials announced on Monday that as many as 200 people who attended a catered event at a downtown Seattle's Russell Investments Center have become ill with norovirus.
Twitter, a kind of real time pulse tracking the events as they happen where people from around the gather in moments of triumph, activism, support and fascination to express their views, have revealed the most popular tweets of 2015. The hashtag # JeSuisParis, used to show solidarity with the French capital in the wake of its second terrorist attack, marked the most talked-about moment of the year.
Being President of the United States is the large role to fill as the most powerful man in the world. With that power and title, of course comes, great wealth and fame, whether from a widely well-received tenure or one of great criticism.
Budget consumers itching to get their hands on a Windows 10 run smartphone could rejoice to the release of the Lumia 550 as it is up for grabs for only $139. Gizmodo writes the phone is perfect for those who need a Windows phone but are on a tight budget because it is the cheapest Windows 10 handset available yet.
Virtual reality is here, and Google Cardboard is one of the most prominent platforms bringing the technology to the masses. Now you can turn your Android phones into Virtual Reality (VR) cameras as the Google has launched a new app Cardboard Camera that allows you to capture 360 - degree photos in seconds.
Now the mobile e-commerce is a booming e-commerce business in India. India could have 657 million Internet users by 2019, up from 277 million to date. The growth of mobile e-commerce increased at a fast pace.
