Taking cues from the overnight gains on Wall Street, Asian markets moved upwards marginally on Thursday. The reopening of trading in Chinese markets after a long-week holiday streak also infused fresh interest into the market.
United States
2015 Nobel Prize in Medicine awarded to 3 scientists for drug discoveries from nature
Discovering antidotes and treatments from common to deadly diseases is a major breakthrough. Thanks to these three scientists who found a cure to get rid of parasitic diseases that has been a plague to mankind for centuries.
Age does really matter in achieving financial success
Whether it's for an emergency fund, a college education, or a comfortable retirement, it's important to have savings. It's a crucial step in taking control of your financial life and can even have positive effects to other areas such as your emotional and physical wellbeing.
Facebook to launch satellite in 2016 to give Internet access to remote places
In a respectable attempt to provide access to the Internet throughout hard-to-reach places, Facebook is scheduling a satellite launch this 2016 that aims to make the World Wide Web readily accessible to people living in remote parts of Africa.
Making The Great “Goodbye, Job” a Better “Hello, Opportunities”
Whatever your reason on why you have to leave your current job doesn't matter. It's about your response. When doing a work exit, most employees are usually overwhelmed in the situation they are in. May your reason be a dreadful working environment, tyrannical hierarchy, or a new, greener field you are excited to be yourself in, you have to remember that leaving is not just all about you-- it is for every person in the room as well.
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As part of its restructuring plan to reduce costs, Monsanto Co has decided to cut 2,600 jobs. The slashing of jobs accounts for 11.6 percent of total employees at Monsanto. With an objective of boosting confidence for investors, Monsanto has taken up share buyback exercise.
Tracking to the steep drop of over 25 percent in competitor Nu Skin shares, Nutrition company Herbalife Ltd's stock also plunged over seven percent.
US President Barrack Obama makes his first public remarks in front of business leaders at the U.S. Agriculture Department saying that he is confident that Congress will approve the Trans-Pacific Partnership (TPP) trade deal.
The US companies are keeping their profits made overseas out of the homeland in order to avoid taxes. It's estimated that 500 large US companies are holding over $2.1 trillion accumulated profits overseas to avoid taxes. These companies have to shell out $620billion by paying US taxes to repatriate the funds.
Apple Inc. confirmed today that its company had acquired a startup technology company call Perceptio. The detail of the acquisition is not made public as told by Apple spokesman to Bloomberg.
The worldwide games developer, Ubisoft, finally acquires Ivory Tower, the French maker of The Crew racing game. After years of collaboration with Ubisoft driving experts, Reflections, Ivory Tower is now part of the Ubisoft. The gaming developer confirmed the acquisition in the blog.
In America, employees work an average of almost 47 hours a week and rather choose to have more flexible time on the job than less time. Normally a full-time employee works 40 hours or more in a week but at some Swedish firms, work period is cut to 30 hours. Studies showed that lesser hours of work makes employees more productive and promotes better morale, according to CNN Money.
Earlier this week, hundreds of corporate and support jobs will be laid off at Wal-Mart Stores. The cuts come at time Wal-Mart is investing in billions to strengthen its e-commerce for better competition with Amazon.com and Target, giving hundreds of thousands of in-store workers raises.
American employers increased jobs at a quick pace last September, a signal that the labor market is close to full strength. This trend could possibly persuade the Federal Reserve to raise interest rates at one of its two remaining meetings this year, according to the Business Insider.
