GasBuddy has been introduced today in Australia where it runs in the US since 2004. GasBuddy users just need to submit their seen petrol prices at gas station and they will have the chance to win $100 voucher worth of free gas in the daily draw. The app is free and is accessible through Android and iOS smartphones.
Sectors
AC Milan Needs New Investment After Losing $100 Million in 2014-2015
The former European football giant in the 1990's are facing a financial strain. After a huge financial loss, AC Milan badly needs new investment.
HTC Vive Will Have Google Tilt Application Pre-Installed
HTC announced to bundle its virtual reality (VR) headset with painting application from Google on Monday last week. HTC have also open pre-order and will start shipment in early April.
Zootopia Surpassed Frozen, Set New Record for Disney in Its Debut
A new Disney animation film Zootopia sets its debut in American and Canadian theater this weekend. Its debut exceeded Frozen and sets a new record, booking $73.7 million.
The First Case of Apple's OS X Ransomware Was Reported in BitTorrent Client App
The first case of ransomware malware in Apple’s OS X was reported last week, via an infected BitTorrent client app, Transmission. Both Transmission and Apple has responded to that threat and prevent further infections.
Latest News
Egyptian-Chinese industrial zone in Ain Sokhna may attract $5 billion investments. About 100 companies are expected to set up their operations in the zone paving the way for creation of employment opportunities for about 30,000 people.
India's services sector recorded 85.5 percent surge in inflows of foreign direct investments (FDI) during April - December 2015 period. This is 17 percent of the total FDI that India received during the period. The services sector contributed over 60 percent to the country's GDP.
Chicago Mercantile Exchange is the latest bourse that has shown interest in acquiring London Stock Exchange (LSE). Intercontinental Exchange (ICE) has already announced its intention to bid for London Stock Exchange. The merger talks on £20-billion merger plan between Deutsche Boerse and London Stock Exchange are in progress.
Surpassing Russia, the Kingdom of Saudi Arabia (KSA) has regained its lost status as top oil exporter to China in January 2016. However, China's oil imports eased during the month, while Russia suffered major drop in its exports. As a result, Saudi's market share rose to 15.9 percent highest since June 2015.
There is a saying "Strike while the iron is hot". That is what Silicon Valley is doing - investing big in India where the economy grows faster.
The Zimbabwe government will now take control all of the mining fields in the country as the state is being robbed of its wealth. Billions of dollars have been stolen from the nation's treasure chest because of smuggling and swinding according to President Mugabe.
The Institute for Supply Management (ISM) announced on Thursday that service sectors in U.S. is expanding modestly. However, the sectors fared better than manufacturing in February 2016.
Two of India's largest telecom operators Bharti Airtel and Idea Cellular have an increase revenue market share in 2015. However, Morgan Stanley predicted the companies will face substantial challenge in 2016.
Fidelity Investments lead a $175 million investment in Series F funding for Snapchat. However, it does not change Snapchat valuation at $16 billion.
