Fans of wearable devices said there is a huge market potential for the smartwatch. According to Reuters, a smartwatch is a device that could be revolutionary like the smartphone.
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Australia central bank misses its target with message on national currency, rates
Reserve Bank of Australia's (RBA) statement on its national currency prompted an opposite reaction to the Aussie dollar and borrowing rates.
US junk bond sales surge
The sale of speculative-grade bonds surged in the US this year. The sales of junk bonds in the US surged this year. Investors bought the bonds as it had been giving better returns than investment-grade securities for seven straight months.
Bitcoin frenzy stirs China
Bloomberg Businessweek reported that the Bitcoin frenzy had reached China. Bloomberg Businesswee reported that the Bitcoin frenzy had gripped China. The world's second largest economy had become the second largest maker of Bitcoins worldwide, according to data compiled by SourceForge.
Global rise in demand confirms that growth is climbing, but not for emerging economies - analysts
Analysts said that though economies in Euro Zone and China were experiencing significant growth spikes in their economies, emerging economies of India, Italy and France are not faring well.
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In an The Group of Twenty Finance Ministers and Central Bank Governors's (G20), attendees would be seeing a show of power and influence between US President Barack Obama and Russian President Vladimir Putin arguing on how to act on the crisis in Syria.
Reuters Factbox showed Microsoft's acquisitions and investments over the years had not been very lucrative for the company.
The highest altitude and the greatest speed was achieved by Virgin Galactic's SpaceShip Two. SpaceShip Two of Virgin Galactic reached record speeds and altitude in tests just before it starts its plan of manned flight to space with passengers by next year.
Foreign companies in China strengthened their compliance of laws as authorities continue their antitrust and corruption probes.
A senior official of the Pentagon told Reuters that the US government would be in danger to defaulting weapons contract payments should they halt Egyptian aid.
In an interview, Gabriele Galateri, Telecom Italia's director, sees the need for the consolidation of the European telecommunications industry.
The USD 130 billion price tag for the recently-concluded deal between Verizon and Vodafone was agreed over an exercise session and breakfast between the firms' two CEOs.
According to tycoon Naguib Sawiris, he is interested in purchasing a stake in Telecom Italia but may opt not to in light of the Italian press' preference for Telefonica.
Global cruise operator Carnival Corporation & plc would be investing USD180 million from its own capital in "scrubber technology" to comply with the air emission standards of the US Environmental Protection Agency (EPA).
