The reduction in consumer spending and drop in exports are squeezing the world's third largest economy. During April-June quarter, exports from Japan eased putting further pressure on the Japanese economy, which slowed down at 1.6 percent annual growth rate as against the forecast of 1.9 percent.
Sectors
Glass Pool to be Constructed 10 Storeys Above London Building
A floating pool made of glass is planned to be constructed between apartment blocks in Nine Elms quarter, London. The area is nearby Battersea Power Station. The pool will be suspended ten storeys above London.
Cute overload: How Hello Kitty became a timeless brand
For four decades, Hello Kitty has become a business empire. And Sanrio has paid attention carefully to its image - that is cute and sweet Hello Kitty. But how did the character remain timeless not interrupted by the varying fad?
51,000 Madewell Sandals Recalled Due to Fall Hazard
Madewell, a smaller J. Crew brand, recalled 50,600 pairs of sandals that were sold online in Canada and the US. The recall was done because a metal shank from the inside of the shoe can dislodge and come out of the bottom of the outsole. When this happens, it could pose a fall hazard for the wearer.
Spotify says sorry over new private policy
Spotify expresses regret after customers enraged in social media about the streaming app's unlawful access of personal information due to its new privacy policy.
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People nowadays watch what they eat due to the rise in the level of health problems particularly obesity and diabetes. They cut down their sugar intake and rely mostly on natural sweeteners.
Dropbox syncs files, photos, videos, and music, Microsoft Office, or Adobe files into folders that can be viewed online wherever you are. This week, the company has decided to take it a notch higher.
After a decline in earnings last year, Angry Birds creator Rovio Entertainment plans to rebound and expand in Asia by developing its game to fit local consumers' preferences.
The Federal Housing Finance Agency seeks to have housing finance giants Fannie Mae and Freddie Mac to offer more support for American families with low income who are taking out mortgages and are refinancing their home loans.
With sanction being waived off, Iran's underdeveloped oil and gas sector is now open to global investors. Six global powers- the US, the UK, Germany, Russia, France, and China- have agreed on a deal to lift sanctions on Iran with conditions.
People have a misconception about airline miles, believing that it needs unattainable points to redeem a free flight. This may be true for first class or business class flights, as well as long, international flights. But with British Airways Avios, 4,500 miles can already mean a 600 miles-or-under flight.
Lowe's Companies Inc reports this year's second quarter net earnings at $1.13 billion, an eight percent increase from last year's $1.04 billion.
The world's second largest economy China has to wait for one more year to make its currency 'Yuan' a part of International Monetary Fund's (IMF) currency basket. Dashing the dragon country's hopes, IMF's board favored a decision to keep renminbi as it is until 30 September 2016 year.
FarmLogs CEO Jesse Vollmar has come up with a monitoring solution that would utilize significant data to improve production of crops through cloud computing.
