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Bank of Latvia head held in anti-corruption probe
World - Feb 19, 2018
Latvia’s central bank governor was held by the country’s anti-corruption agency; his house and offices under Bank of Latvia were raided by officers.
U.S. inflation rise as consumer prices surge in January surpassing expectations
Market - Feb 15, 2018
US consumer prices rose faster than expected in January, a sign of firming inflation that bolstered expectations of higher interest rates.
Airbus takes fresh $1.6 billion charge linked to A400M military plane
Company - Feb 15, 2018
The European airplane designer, Airbus, has been hit by a €1.3bn (£1.2bn) charge associated to its troubled A400M military transport plane.
Barclays Bank charged by SFO concerning Qatar loans
Company - Feb 13, 2018
The Serious Fraud Office (SFO) has accused Barclays Bank for a $3bn Qatar loan sanctioned in 2008; “unlawful financial assistance” is the issue Barclays has been charged with.
Elon Musk launches Falcon heavy rocket carrying Tesla’s sport car
Technology - Feb 08, 2018
On Wednesday, Elon Musk’s cherry red sports car manufactured by Tesla together with ‘Starman’ were launched over Falcon heavy rocket from Kennedy Space Center in Florida.
Uber Vs Google: Stealing of self-driving technology issue goes to court
Company - Feb 07, 2018
Google's driverless car firm, Waymo, has blamed Uber of copying its self-driving car technology; it has been more than a year and now the trail has been actively opened on Feb 5.
Bitcoin records foulest week since 2013
Market - Feb 05, 2018
On Friday, Bitcoin charged below $8,000, recording a massive 60 percent drop from its highest mark two months ago; other small cryptocurrencies also experienced a dip.
Alphabet Q4 Earnings Miss Expectations Due to Rising Costs
Company - Feb 02, 2018
Google's parent organization, Alphabet, reported its Q4 earnings which revealed lower figures after higher costs counterbalanced a big jump in advertising sales.
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Apple Shares Hike about 3% in Late Trading on iPhone X Buoyancy
Company - Feb 02, 2018
Recently, Chief executive Tim Cook said demand for the product, which starts at about $1,000 had outshined expectations. After an initial fall, Apple shares climbed more than 3% in after-hours trade.
Amazon set to step into healthcare sector in alliance with US firms
Medical - Feb 01, 2018
Amazon, Berkshire Hathaway and JP Morgan are joining hands to form a healthcare company with a desire to cut costs for their employees in the US.
GDP of Eurozone reaches 10-year high
World - Jan 30, 2018
The Eurozone economy grew at its wildest rate in a decade in 2017, as per preliminary data revealed on Tuesday.
Bitcoin price dips as S. Korea bans unknown cryptocurrency trading
Market - Jan 24, 2018
South Korea has decided to ban anonymous bank accounts that are used to buy & sell cryptocurrencies.
Coca-Cola picks out budget for package recycling by 2030
Company - Jan 23, 2018
In its recent attempt for implementing global recycling scheme, Coca-Cola has framed plans to invest a share of its marketing budget for package recycling.
UK inflation rate blunders to 3%; first drop in the last six months
World - Jan 16, 2018
The inflation rate slipped to 3% in December, lower from November's rate of 3.1%; this slowing rate of growth is seen as a compensation partly by higher tobacco prices.
Facebook Planning to Make Changes in News Feed for People "well-being"
Technology - Jan 12, 2018
Facebook CEO Mark Zuckerberg says that the company plans to transform News Feed that will show you more content from friends & family and less from publishers.
Oil prices surge to three-year high reaching close to $70 a barrel
Market - Jan 11, 2018
On Wednesday, the price of Brent crude oil has been reported at $69.37; this has brought good news for oil producers after a gap of three rough years.
Huawei’s deal with U.S. takes a quick fall
Company - Jan 10, 2018
China’s telecommunication major, Huawei, revealed that the firm’s desire to sell smartphones in the U.S. has collapsed due to security concerns.
Samsung estimates record profits in fourth-quarter; however, figures fall short of anticipations
Company - Jan 09, 2018
On Tuesday, Samsung Electronics said it was anticipating record operating profit close to 15.1 trillion Korean won ($14.1 billion) considering the December quarter.
China’s electric start-up firm, Byton, unveils smart car with futuristic features
Technology - Jan 08, 2018
Byton has revealed its first concept car model at the Consumer Electronics Show (CES) which took place in Las Vegas; the manufacturing firm has been financially supported by China itself.
Uber Former CEO Plans to sell 29% Stake in Company
Company - Jan 05, 2018
Travis Kalanick plans to sell the stake of about $1.4 billion in the tender offer for Uber shares by a SoftBank-led consortium, the people involved in the matter said on Thursday.