China shows support to its long-time ally, Africa, by providing the continent funding support worth $60 billion.
Articles by Money Times
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Japanese startup aroma sensor developer Aroma Bit has appointed Batara Eto and Atsushi Tanaka as its advisors.
Liquid metal particles created by researchers have shown that they can send chemotherapy drugs directly to cancerous cells and also allow doctors to find cancerous areas.
JPMorgan Chase has teamed up with On Deck Capital to accelerate the loan processing for the small business segment. On Deck Capital is an online provider of high-cost lending and will offer its technology platform for JPMorgan to speed up loan processing for its four million customers. JPMorgan will launch new Chase product in 2016 taking care of small-dollar loans.
The latest review by EY reveals that as far as mergers and acquisitions are concerned, the 3rd Quarter of 2015 was dominated by deals involving the Internet of Things. Each of the deal averaging USD1.2 billion in value.
Starbucks, Walmart and dozen chain stores recalled their food product due to E. Coli contamination linked to Costco chicken sandwich case last month.
South African largest media company, Naspers increases its U.S exposure. The company that has operated in 130 countries is ready to expand its service worldwide
Petra Diamond Ltd and Ekapa Minerals Pty have acquired De Beers oldest diamond mine in Kimberley. UK's Petra Diamond Ltd partners with South African's Ekapa Minerals Pty to buy the oldest mines of De Beers in South Africa.
The unemployment rate in Italy dropped to 11.5 percent in October, the lowest since 2012, reported the national statistics agency Tuesday.
Subaru sold 526,401 units through November this year, surpassing its 2014 milestone record 513,693 unit sales.
Drug prescription firm Express Scripts Holding Co. found a way to offer a cheaper $1 alternative to Turing’s $750 a pill drug.
Ford will invest $1.3 billion in its Kentucky Truck Plant to support the production of its 2017 Ford F-Series Super Duty truck.
Japan state-backed fund is keen on acquiring stakes in Sharp Corporation for Yen 200 billion ($1.63 billion). Sharp Corp recorded Yen 50 billion operating loss for the first half of 2015. The LCD business unit of Sharp Corp is a major contributor to the losses. Sharp is planning to spin off LCD business unit and later it may consider stake selling, according to media reports.
Spotify is now the world's most popular streaming music service, according to a new report from app analytics firm App Annie. The report also disclosed that Spotify has defeated ts biggest competitor; Pandora in terms of active users, downloads and revenue.
Facebook plans to build its first Asian data center in Changhua County, Taiwan. The company plans to invest $300 million for the data center that will sit on 20 hectares of land.
Victoria's Secret owner became a billionaire as his company soared 71 percent after its initial public offering in the Hong Kong exchange in October.
Vintage Electric just released an update to their old E-Tracker e-bike, giving some powerful upgrades to the battery and motor as well as some updates to their 1990's style design.
New York state is offering a unique pilot English language learning program that works through phone calls and text messages. Candelaria Lopez a Mexican immigrant, living in the United States for 20 years, was pretty much only comfortable saying “Hi”. It was hard for her to find the energy to sit through a 3-hour session after her long days as a farmworker in a New York’s Hudson Valley region.
A new Coca-Cola ad in Mexico has been taken down due to massive criticism that its depicts local indigenous groups poorly while also encouraging poor health.
Though usually considered only when convenient for consumers in the US, the 7-Eleven franchise in Asia has become a different company, selling varieties of snacks and services to its varied customers across Asia.
There is a big chunk of food supply that ends up in landfills every year. Instead of donating to nonprofit organizations, a lot of restaurant owners give their leftovers to their staff or throw them away. They are under the wrong assumption that precooked food can't be donate for possible liabilities. Little do they know that there is an law called the Emerson Good Samaritan Food Donation Act that protects them when they donate food.
The US National Highway Traffic Safety Administration (NHTSA) announced that deadly traffic accidents in the US increased 8.1% over the first six months of this year. The road regulator suggested smartphones and other driving distraction to be the largest cause of traffic fatalities.
Ice climbing is a risk-taking sport, which involves patience, strength, motivation and obviously, a tool to climb ice covered mountains. The equipment needs careful manufacturing and has to be light, stiff, flexible enough for shock absorption, and cheap enough for dirt bag climbers.
Turing Pharmaceuticals said that it won't cut the list price of the drug. However, it will negotiate discount price with hospital. Last September, Turing Pharmaceuticals raised the price of live-saving drugs, Daraprim by more than fifty times.
In order to ensure faster processing of foreign arms sales in the US, the government is putting immense effort. In the financial year 2015, the foreign arms sales heaved 36% to 46.6 billion. Besides, as per pentagon official's view, the sudden surge expected to remain strong in the coming years.
Five people have been charged with kickback scheme related to billing that costs the government and insurance companies to the tune of $580 million. Doctors and others benefited from this scam by referring patients to two Southern California hospitals.
Amazon.com founder Jeff Bezos-owned space company, Blue Origin, has surpassed a significant milestone as its rocket ship returned and landed safely after travelling in outer space.
Google hopped in to the Star Wars fever by feature themes from the upcoming Disney movies on all its sites, allowing people to choose to either be in the "Dark side" or the "Light Side."
Li-Fi, a superfast wireless technology, has been proven to be able to transmit data about 100 times faster than current Wi-Fi technology in its first real world test. An Estonian startup Vermenni revealed that it has begun trialling Li-Fi within offices and industrial environments in Tallin and found that the technology is able to send data at up to 1 GB per second.
The Federal Aviation Administration's drone registration task force will develop a simple and free national drone registration system. A government task force will create a three-step registration process, according to a report by ARS Technica.