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There are chances that your hoverboard might catch fire. But there is a solution that eases your mind with specially designed carry bag called Hovervault that prevents the potential fire flames from spreading.
Blackstone’s fourth quarter profit drops on volatility. the fourth quarter profit fell to 70 percent. This occured because the asset sales slowed and whipsawing markets took a toll across its business.
Hershey, the leading chocolate maker, has shifted gear in 2016 and plans to focus more on its newly acquired meat brand, Krave Pure Foods Inc. With changing food habits, the market is now ready to accept snacks that are more rich in protein and less in sugars, and with this move, the sweet maker is all set to tap this niche market.
MSCI to delist Hong Kong firms over high shareholding concentration. The companies eliminated will not be eligible for enclosure in MSCI Global Investable Market Indexes until adequate public disclosure on their stockholdings is produced.
Kraken bitcoin exchange received a multi-million dollar Series B funding led by SBI Investment. As the funding was announced yesterday, the exact amount is still undisclosed.
The Singapore's authority announced that it has seized a large number of bank accounts in a probe into alleged misappropriations related to 1MDB. Details regarding the bank accounts will be shared with investigators from Switzerland, United States and Malaysia.
The supplier's subsidiary units in China was convicted for selling substandard and expired meats to restaurants including McDonald's and KFC. However, the company argued that the verdict was unjust and inconsistent with the evidence presented in court.
Provider of drivers' digital media, CarGlass Inc received a $3 million seed funding from two investors. The company focuses on providing digital media content to drivers safely and intelligently.
Guinness Nigeria, the country's second-biggest brewer is seeing a prolonged decline in sales and shares. The failing of the beer industry is part of a bigger national economic slowdown, whereas Nigeria, Africa's largest economy, seek out for loan to cover budget deficits.
Abbott said that it has signed a definitive deal to acquire Alere for a net value of $5.8 billion in cash. Abbott expects the acquisition to be immediately accretive to its earnings per share upon completion.
21 people were arrested by the Chinese police on account of a huge online financial scam. The P2P online lender Ezubao had almost pulled off the biggest scam in wealth management product industry, with almost 900,000 investors losing around $7.6 billion (50 billion yuan).
Accomplice and two other investors provide seed funding to Lexumo. The company provides a unique platform to continuously check the security of every open source code available in the world.
China's benchmark Purchasing Managers' Index (PMI) fell to lowest in the three-and-a-half years. PMI was at 49.4 for January as against average forecast of 49.6. The PMI was 49.7 in December 2015. The disappointed China factory output data pulled oil prices lower.
Google has set a milestone in the field of artificial technology, with its latest innovation AlphaGo. The program has been designed to tackle the 10 to the power of 700 variations that the ancient Chinese game of Go offers. Additionally, they beat FaceBook in this race, as Zuckerberg had announced the launch of a similar program called Darkforest around the same time.
Yes, that is true. Sesame Street is now working with Collaborative Fund and investing $10 million in the new venture fund. The fund will focus on companies working on childhood development.
E.coli outbreak which contaminated nationwide Chipotle restaurants last year will be declared over. However, CDC has not been able to find the source of the outbreak.
Huge hedge funder Paul Singer donated 2.5 million US dollar, while his friend Cliff Asness, an investment magnate, sponsored 1 million US dollar to super PAC.
Michigan's legislature approved to give $28 million on Thursday in funding to aid the residents of Flint with recovery efforts. This approval came just over a week after the funding proposed by Michigan governor.
China shares plunged Tuesday at 6.4%. The Shanghai index closed below 2,800 for the first time since December 2014. The condition has worried the investors for the capital outflow from China. Other Asian markets dropped as oil prices decreased.
UK mortgage approvals grew to a four-month high in December, signifying that the housing market is ready to harvest heavy gains in 2016.
Rolls has defeated joint venturing General Electric and Pratt & Whitney while being awarded a £6.1billion deal with Emirates during April last year. Now the British car manufacturer again succeeds in snatching another deal worth $2.7billion with airline company Norwegian. The recent achievement is believed to accelerate Rolls CEO’s ongoing overhauling efforts aiming to establish transparency and cost cut of $200 million a year by 2017.
US Dollar has been witnessed to gain some value against yen in both Tokyo and Japan on Monday. The appreciation of dollar has taken place due to BoJ’s surprise move for slashing the interest rate to (-) 0.1%. Even BoJ Governor has hinted further rate slashing events, if situation demands. But economists have referred the attempt as an attraction drawing stance aiming to prevent yen from rising to boost up the sluggish economic growth.
Brazil, the world's number one coffee grower and exporter, has been hit by El Nino from last year, affecting the coffee crops and harvests. The weather has affected prices expectations and investors moves, as demand rise and supply declines. Coffee bean prices rise has been seen in Brazil.
Russian's Gazprom planned to meet investors in New York and London this week. The company plan to increase its gas supplies to European countries.
Since her 2013 inauguration, president Park Geun-hye tried to enhance startups company and investing $3 billion. Now country starts to see the payoff of its initiative. One last hurdle is to change the people's mindset on entrepreneurship.
Nigeria requires $3.5 billion funds to fill its $15 billion budget deficit. The falling oil prices are eroding revenues for the government. The largest economy in Africa is seeking $2.5 billion loan from the World Bank and $1 billion loan from ADB.
Credit Suisse Group AG and Barclays Plc will pay combined $154.3 million to settle regulatory investigations into their 'dark pools.' The New York Attorney General said that the fight against the fraud and rigging in the trading mechanism would continue further. The US Securities and Exchange Commission (SEC) observed that Barclays and credit Suisse have misled their investors by providing inaccurate information.
KFit, a fitness-sharing platform that based in Kuala Lumpur, has raised a $12 million Series A funding from Sequoia Capital, SIG, and Venturra Capital. The fund will be used to enlarge its services to cities in Asia. Offering a cheaper rate, KFit will compete with its Singaporean rival, GuavaPass.
Boeing’s newest airliner 737 MAX flies its wings for the first time. The airliner took off from the company's Renton, Washington factory. The journey of this aircraft paves way towards scheduled delivery of airlines in 2017.
Microsoft has put a prototype of data center under the ocean to examine its efficacy to work hundreds of feet beneath the ocean surface. The underwater data centers could reduce the delay in web service.
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