Aeroflot agreed to take over its closest competitor Transaero Airlines as the country's economic woes shake the industry. And to help support homegrown companies in the middle of a downturn, the government is urging Aeroflot to purchase the new Russian Superjets by Sukhoi.
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UK Sold Northern Rock Mortgages To US Worth £13bn
The Treasury has sold worth of 13 billion British pounds of Northern Rock mortgages to a US private venture firm in what is thought to be the greatest ever budgetary source deal by the European government.
Major oil firms have biggest war chests for takeovers
The continuous oil price fall is one side of the coin. The other side is showing rosy picture as six major oil companies have more than enough funds to snap up competitors. It's estimated that world's top six listed oil companies have over $0.5 trillion in stocks and cash enough to fund takeovers plans. ExxonMobil lead the pack, while Chevron, BP Plc, Shell, ConocoPhillips and Total are in the top-six positions.
Apple’s ‘Liquid Expulsion’ will make your iPhone more water resistant
Apple Inc. announced it was recently granted a patent to further protect its devices from water damage. The patent titled "Liquid Expulsion fron an Orifice" was initially filed in 2014.
Bargain buying creates robust US demand for gold
The stock market crash this summer drove US investors towards safe haven investment. The US investors started buying gold bars and coins in the wake of August meltdown.
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'Blood Diamond' Actor Leonardo DiCaprio and 10 billionaires invested in the Santa Clara-based startup Diamond Foundry. It is a company that ambitions to produce diamonds in a lab that are equal in quality with natural gems without the exploitation that mining industries impose.
Google can power related technologies and information from its projects and investments compared to traditional vehicle manufacturers. Autonomous driving keeps to be one of the most widespread research and recent development activities within the global automotive industry.
A motorcycle accident fired up a creativity to design helmet to increase safety. Skully AR-1 is a smart helmet with heads-up display and rear facing camera. The founder and inventor is inspired by his accident. The helmet may soon be ready for shipping.
Warren Buffet's Berkshire Hathaway more than doubled its profit in the third quarter mainly due to a $4.4 billion gain from the merger between H.J. Heinz Co and Kraft Group Inc.
Indonesia's Foreign Minister on Thursday announced that its country demanded China to explain and prove its claims on the South China Sea, as Indonesia accuses China of claiming parts of the Indonesian-ruled Natuna Islands to be part of China's nine-dash line.
Approaching Thanksgiving, Amazon offers a great price for its Fire gadget series. It cuts Kindle Fire price to $35 and Fire TV to $25. According to Time Magazine, starting Thanksgiving, Amazon will drop $15 of prices for Fire tablet, its number one best-selling product to $34.99.
Google launched an upgrade of Google Play Books store to make it easier for Android users to read comics easier on phones and tablets. According to Tech Crunch, Google also announced a personalized comic recommendations features that makes it easier for users to find other series similar to their preferences and a set of curated comic series pages in the Play Store.
YouTube launched on November 12 its new YouTube Music app, which is designed to make searching for music in the video streaming site easier. According to The Verge YouTube may be a video streaming service and it even acts as a search engine, but it is also one of the largest music streaming service providers in the world.
The gender pay disparity is a bit like environmental change. We may not ever stop contending about whether, and why, it exists. The most recent commitment to the civil argument originates from three researchers and science who argue in a newspaper that women earn less when compared to a man because they are less competitive and aggressive.
