Europe recession looks enduring, warns the IPPR report. It said the severe unemployment and underemployment in Europe are signals of an alarming situation about the deepening recession.
Sectors
Oil supply glut creating traffic jams at sea
The skyrocketing oil inventories are paving the way for more traffic jams on the seashores as oil tankers are queuing up along the US Gulf Coast. The uncompromised Opec's decision to continue its production level coupled with shale production in the US is adding to huge volumes of inventories.
Alberta limits Oil-Sands Emissions to curb pollution
Alberta Premier Rachel Notley said Sunday that the New Democratic Party will limit oil-sands emissions, discontinue coal power plants, and create an economy-wide carbon price as part of a strategy to reduce pollution in Canada's most polluting province.
IKEA Reaches Out to Refugees By Providing Them with Shelter: Company cuts down profits
The war-torn countries around the globe have been forcing fleeing of the locals to nearby countries. The large percentage of refugee migration has principally been seen from war struck countries like Syria, Iraq and Afghanistan since World War 2. Recently, millions and millions of Syrian refugees fled for shelter in their neighboring countries, but alongside their lives lack many other basic needs.
Billionaire Liu Yiqian Buys $170 Million Painting: 'Reclining Nude' allows him to fly first class for free
Chinese billionaire Liu Yiqian can now fly in first class anywhere in the world for free, after he bought a $170 million painting. Liu Yiqian won a bidding war for "Reclining Nude" painting at Christie's auction in New York earlier this month. "Reclining Nude" was painted between 1917 and 1918 by an Italian artist Amedeo Modigliani.
Latest News
Global retail major Walmart has announced the commencement of Cyber Monday sales from Sunday night of Thanksgiving weekend. Walmart's first round of deals under Cyber Monday will begin on 29 November. Walmart has taken up Cyber Week staring from 28 November until 4 December. Walmart started holiday sales earlier owing to rising consumer demand. Several products will be available at discounts as part of the holiday sales season.
Apple Pay is stealing consumer's loyalty in multiple countries. After the introduction of rival services Samsung Pay and Google's Android Pay, Apple Pay also considers the need to expand itself, especially to China which represents as significant business opportunity for mobile-payments systems.
The fake product reviews posed a serious problem with the festive season knocking at the door. The growth of eCommerce has increased the sale of products online in leaps and bounds. So are the consumer reviews, which go hand in hand with the high revenue generated eCommerce sites.
With the advance of online shopping stealing the market, the retailers who own shops are finding it difficult to maintain their sales. But with a launch of new retailers app, Macy's app, the customers will be enabled to do more convenient shopping.
Are you a die-hard android or iOs game lover? Who would not like to enrich their games collection by including latest 2015 games in their touchscreen devices? To know the hottest game trend of each month, you need to update yourself now and then.
Today, women set their fight straight and groom themselves with the right education to face the competitive world. They create their own space in this aggressive professional industry but do they receive equal facilities as compared with men?
The house prices peaked in 2006, and then it fell about 30 percent until it hit bottom in 2011. After that house prices have been increasing steadily and it is almost close to its pre-recession peak levels. However, the San Francisco Federal Reserve claims this is not another bubble.
Researchers at MIT have discovered that much of the data sent and received by 500 most popular Android applications for Google Android cell phones do not have any significant effect on the users' experience.
This November 10 years ago, Microsot launched its Xbox 360, which is still regarded as the most successful Microsoft's game console. With Black Friday is approaching, Microsoft launches special offer for Xbox One, the Xbox 360 successor.
