Food prices at its lowest in 6 years: Here are the reasons why

The UN FAO reported low food price index - the lowest in six years. If the situation persists, the price drop will be welcomed by consumers globally, which is also beneficial for poor countries. But the plentiful supplies of these products may also have a negative impact for farmers with prices not enough to cover for production costs.


Prayas Analytics help retailers boost sales using in-store security camera

Prayas Analytics, a marketing metrics platform founded by two graduates from the Wharton School, University of Pennsylvania, could provide you the key data to evaluate the market progress of your business.

Zynga finds refuge from slots with 30 percent revenue growth

Zynga continues to lose more players as internet users switch to mobile devices. The Farmville creator continues to cope by investing more in slot games which helped the company slash its losses from $62.5 million to $26.9 million.

Foxconn Technology Group signed a $5B MOU in India to build manufacturing, R&D hub and a smart city

Foxconn, an electronic company in Taiwan with trade name Hon Hai Precision Co. Ltd., signed a memorandum of understanding with the government of India to invest $5B in manufacturing, research and development and a smart city.


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Tesco anticipates better credit reviews as it plans to sell two of its businesses worth around 6 billion pounds. Getting past an accounting scandal and market rivalry with other discount stores are its top priority at the moment.
Abercrombie & Fitch confirmed it would end on-call scheduling to its employees on September in response to New York Attorney General Eric Schneiderman's letter regarding the 'illegal' irregular work shift.
McDonald's is reinventing its dining service in one of its restaurants in England and other areas of America. They're providing tablets and kiosk for taking orders, and the meal will be served to customers' table.
The US State and Local government pension funds registered worst performance since 2012 following the bleak performance in global stock markets and bonds.
Informatica, the enterprise software provider based in Redwood City and announced in April that it will be bought for $5.3 billion by Canada Pension Plan Investment Board and Permira Advisers.
On a stiflingly hot summer night, the ancient Greek amphitheatre of Epidaurus is packed to capacity for a performance of a 2,400-year-old play by Aristophanes -- testimony to Greeks' enduring love of theater despite years of grinding economic crisis.
UBS's giant banner on Hong Kong's One Peking Road skyscraper, so big it has drawn complaints for keeping solar panels in the shade, is a testament to the renewed push among Swiss banks to win business from Asia's burgeoning ranks of millionaires.
Chinese exports tumbled 8.3 percent in July, their biggest drop in four months and far worse than expected, reinforcing expectations that Beijing will be forced to roll out more stimulus to support the world's second-largest economy.
Greek government officials discussed a draft of the country's third bailout agreement drawn up on the basis of discussions with EU/IMF lenders, a government official said on Saturday, boosting hopes a deal could be wrapped up in days.
China's Anbang Insurance Group Co is bidding to buy Japanese property asset manager Simplex Investment Advisors, four people with knowledge of the bid said, in a deal that could top $1 billion.