Ford to invest $9B in US plants

As part of the labor agreement, the US automobile major Ford has decided to invest $9 billion in plants located in North America. Similarly, General Motors (GM) has also assured the labor union on investment of $1.9 billion and Fiat Chrysler to invest $5.3 billion as part of the contracts signed with the labor union.


The new accurate way to measure the world’s wealthiest countries

New World Wealth (NWW), a South Africa-based market research consultancy, released the lists of wealthiest countries, ranked by using its own new method.

Snapchat video reaches 6 billion views a day

Messaging app Snapchat announced it is generating 6 billion video views every day. The number is three times the number of daily views in May.

UK parents want to keep Santa Claus real; hits PayPal's holiday ad

PayPal received complaints from UK parents for taking away the magic of Christmas and the mystery that surrounds Santa Claus. Most kids still probably hold on to the magical belief that Santa delivers Christmas presents in the middle of the night when the children were asleep.


Latest News

China's import dropped again in October for the 12th consecutive time, according to official data revealed Sunday. BBC News reported that China's imports on October went down 18.8 percent to $130.8 billion.
Apple is continuously adding incredible features and apps for easy consumer use. It considered the needs of online shoppers to carry out an effortless and convenient process of buying.
Journalists have voted the 2016 Mazda MX-5 as the star of the show during the current Miami auto show. Forbes has reported that the new car is the "perfect car." A Forbes correspondent describes the car as diminutive, and says that its purity makes it perfect.
Toyota decides to drop Takata as their airbag supplier last week. Previously, other automakers have ditched Takata as their airbag suppliers as well. This gives a devastating blow to Takata, whose shares drop 25% after series of incidents related to airbags defect.
Samsung Galaxy Note 5 is the top-notch phablet made by the Korean electronic giant. Its extra large screen and specifications make it the choice of professionals. Let us meet the product, and how its performs according to three respected reviewers.
A survey firm reveals that WordPress now powers 25 percent of the web. W3Techs' latest data has shown that based on statistics and market share data, WordPress powers 58.7 percent of all the website content management that the survey firm knows about.
The ongoing recession in Greek economy after long-lasting uncertainty is projected to end in 2016 and may witness real growth in 2017, according to European Commission (EC). The unsuccessful conclusion of second adjustment program of bailout package continued and worsened the economic recession in the ailing Greece economy further weakened the recovery prospects in the first half of 2015.
Nasdaq-listed Nvidia Corp has posted earnings per share (EPS) of 44 cents registering a 42 percent growth from previous year's 31 cents during the third quarter ending October 2015.
There is a possibility of an interest rate hike next month, according to two senior officials of the Federal Reserve. Speaking before the House Financial Services Committee during a hearing on financial regulation, Fed Chairperson Janet Yellen said the economy had been growing at a pretty good clip, an indication it might be time to raise short-term interest rates.
Amidst a major accounting scandal, Japanese electronics major Toshiba is in the process of offloading its $7.4 billion (GBP4.87billion) commitment on US liquefied natural gas (LNG) imports.
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