Shanghai Tower's top beam was recently installed and now the interiors are to be completed. The tallest building in the financial district of Shanghai and all of China is nearing completion.

HSBC's stock falls as it advises diplomatic missions to close their accounts with their bank. HSBC had reported lower than expected earnings last Monday.

Newsweek, after announcing it would end its print edition, was sold to online news giant IB Times for an undisclosed amount.

IBT Media ends weeks of speculation as it acquired Newsweek under undisclosed financial terms. In an announcement, IBT Media confirmed that it had reached a deal that acquires Newsweek from IAC/InterActiveCorp.

The Bay Area Rapid Transit workers union was poised to go on strike but was averted by the 11th hour intervention of California Governor Jerry Brown.

Venice Beach experienced tragedy with the death of a woman when a man plowed his car into the busy boardwalk.

Twitter users boycotted the lack of action by the social media platform against violent tweets. Twitter has become a dangerous place, especially for high profile individuals.

anais+adan hits it big with the newest Royal being pictured wearing their swaddle. For a few moments, the world saw the youngest UK royal, Prince George as he was carried from the hospital to the royal car.

The sale of 92% of Bulgarian pension fund Doverie is now being flagged for the lack of documentation and information.

While there is still no winner for the Powerball, the winnings may not be a solution but a future problem.

John Henry, owner of the Boston Red Sox, has purchased another Boston icon, the Boston Globe. The principal owner of the fabled Boston Red Sox, business tycoon John Henry, had entered into an agreement to purchase The Boston Globe for the price tag of US$70 million.

An class action suit on employee discrimination filed against Wal-Mart was dismissed by a federal court judge.

Berkshire Hathaway announced its reported earnings and its company portfolio growth. The second quarter profit for Berkshire Hathaway Inc increased by 46%.

H&M unveils its online store after several launch delays. Hennes & Mauritz had recently announced the launch of its online sales operations for the US market.

Moto X, the phone from Google and Motorola, offers a new phone experience to its owners and users. Motorola is launching a new phone, billed as 'always listening' for the voice commands of its owner.

Clint Dempsey, one of the few Americans playing in the English Premier League, returns home to Seattle for the MLS.

Tiger Woods shoots career best 61 at the Firestone Country Club. Tiger Woods, one of the greatest golfers of all time, is now well on his way in returning to the form that saw him win four PGA Tour titles this year.

The annual Lollapalooza held in Chicago's Grant Park is one of the most anticipated music festivals in the country.

Greg Oden, the top draft pick in 2007, bids a comeback with the NBA champions Miami Heat. Greg Oden, the former first round pick of the Portland Trailblazers in 2007, last played in an NBA game in the 2009-2010 season.

Raven Symone, one of the richest black celebrities in the United States under 40, recently shared her thoughts on gay marriage, leading many to confirm her sexual orientation.

While the roots of crisis are embedded, the ways to avoid and be insulated from their results is entirely within the power of the individual.

Hedging should not be automatically done as this can be studied to make the position more viable in the long run.

Currency risk is based on currency fluctuations of one currency as against another. In a nutshell, currency risk is a kind of risk that stems from the changes in the valuation of currency exchanges.

CFTC releases a decision penalizing Panther Energy LLC for its illegal activities done through spoofing.

Yahoo has purchased 40 million shares owned by Third Point at US$29.11 per share. Third Point LLC, the firm headed by Dan Loeb, was at the forefront in the change of Yahoo's board a couple of years back.

FX options trading has few informational sources on how best to utilize its benefits. Options trading has been an often discussed and dissected topic. On the other hand, currency options is a category all by itself.

While the regular safety net is a stop loss, now currency options provide more flexibility. When trading foreign currency without the use of a safety measure, an example of which is a stop loss mechanism, is considered as financial suicide.

The show the Big Bang Theory broke out all the stops, having Stephen Hawking introduce the show as it held a Q&A in this year's Comic Con.

The Royal Birth has been pushed back to July 24. According to royal sources, the hospital staff were informed that Kate Middleton's due date was July 19th.

Currency hedging requires an understanding of the market (art) and the actual exchange at a given time (science) to be insulated from currency value fluctuations.