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USITC says Xbox does not infringe Google’s design

On the 23rd of May, Google Inc. was at the receiving end of a suit it had filed against Microsoft Corp. The Android software major had sued for royalties ... Read more

Confidence up as Germany is back on modest growth track

Business confidence rose in May, topping analysts’ estimates as Germany informed that it escaped the danger of a recession. Interestingly, despite dropping ... Read more

P&G to get out of the woods with help of new CEO Lafley

With problems on board, Procter & Gamble Co. decided to replace CEO Bob McDonald with well-known A.G. Lafley as the company aims to get out of the woods. ... Read more

Samsung best in consumer devices say Consumers at CTIA show

Samsung Electronics Co., which has established itself as the market leader in the Android tablet and smartphone categories, was on display at 2013 E-Tech ... Read more

“Wave Park” Shown the Green Flag by the Scottish Government

On the 23rd of May the Scottish government has given the go ahead to Edinburgh-based company Aquamarine Power to set up power generation plant in the form ... Read more

Fords gives Australian production the brush-off

Ford Motor Co. is to give Australian production the brush-off as it has informed that it would stop manufacturing cars in the world’s twelve largest ... Read more

  • Other Recent Articles

  • Flash China's manufacturing PMI for May disappoints

    Bad days are gathering over China’s manufacturing in May

    Apparently, signs of the China’s economic recovery are weakening as the latest flash manufacturing PMI showed that factory activity slumped significantly in May. Data released by HSBC Holdings Plc indicated that the economic growth of the world’s second economy was visibly slackening in the second quarter of the year. It seems that bad days are gathering over China’s manufacturing.

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  • Tax havens are the comapnies and individuals' stronghold

    Elimination of tax evasion said to be panacea for world’s poverty

    A revelation released by Oxfam showed that the elimination of almost omnipresent tax evasion, which is these days one of the hottest topics, would lead to the end of world’s poverty. According to the findings issued by the international humanitarian organization, the world loses staggering £100 billion in tax revenues per year due to amassed money in tax havens. This astonishing amount would certainly help the world overcome the expanding problem of extreme poverty which touches more and more societies.

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  • Ford Motor Co.

    Ford bets on North America as it increases production

    Ford Motor Co. is having its good days and it simply wants to take advantage of growing demand for cars in North America. Thus the US-based automaker informed that it decided to increase production at its car plants located in North America, thereby cutting the summer shutdown. Its overall plans are aimed at boosting manufacturing capacity by ambitious 200,000 vehicles annually in 2013. The increased production is expected to even help the company gain a bigger share in the US market.

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  • Japan's exports for April were disappointing

    Japan exports sadden as trade deficit widens in April

    Japan’s exports sadden as they increased less than expected in April while the country’s trade deficit expanded significantly in the month. The Japan’s economy has a long way ahead to finally revive, but it seems that the weaker yen has not started bearing fruits yet. The disappointing results for April were mainly driven by weak demand from key trading partners, including the European Union and China.

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  • GUSTAV KLIMT -  1907 "Adele Bloch-Bauer I"

    5 Most Expensive Paintings in the World – Scream if you want

    There is always demand for art whether the economy is in better or worse shape. The fact is that the world’s richest people just love getting their hands on the most sought-after pieces of art, including paintings. Below, you will find the 5 most expensive paintings in the world bought by private collectors. If you do not want to look at these pieces of art as some kind investment, just remind yourself a statement of Twyla Tharp who once said: “Art is the only way to run away without leaving home.”

    Read more
  • Xbox 720 to be released by Microsoft Corp.

    Revamped Xbox to strengthen position of Microsoft

    The big day has come. On the 21st of May, Microsoft Corp. is due to present its Xbox 720 game console as the tech giant aims to win a bigger market share in the gaming market. The new Xbox 720 game console is expected to help the company strengthen its position in the market which has been dented by the emergence and growing popularity of mobile devices. But the fact is that Microsoft Corp. will witness also stronger competition from Sony Corp. which is due to launch its new PlayStation 4 in June. The competition gets tougher not only in the computer gaming industry, it gets tougher in the console market as well.

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  • Tim Cook - CEO at Apple Inc.

    Apple to face Senate’s criticism over US taxes

    Black clouds are gathering over Apple Inc. and its CEO Tim Cook as the Senate panel has found that the smartphone giant avoids paying corporate income tax. The Apple CEO is due to excuse the company’s tax practices to the Senate Permanent Subcommittee on Investigation on the 21st of May and it seems that he will face bitter criticism over the company’s operations.

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  • Yahoo Inc. to buy Tumblr

    Yahoo steps on the social media bandwagon with Tumblr buy-out

    The decision-making caucus at Yahoo Inc. now sees investing in social blogging media as the new opportunity to steer the company towards greater fortunes. In the first of the series, it will invest as much as $1.1 billion to buy famous Tumblr, a short-form blogging service. The social blogging network currently glories in staggering 108 million blogs with nearly 51 billion posts.

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  • Toronto - the better business destination

    Bring it up. Toronto welcomes business.

    Canada glories in many titles. Similar to Canada, Toronto is frequently and constantly ranked at the top of rankings. In some rankings, the country was ranked as one of the best places to do business. But also cities of Canada are also acknowledged by different institutions and associations. There is no doubt that Toronto, which is the provincial capital of Ontario and happens to be the biggest city in Canada, is the better business destination and simply a place to do business.

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  • Green Initiatives turn green greener

    Green – the color of the future. Big Green Initiatives

    It may not come as a surprise that green initiatives are being launched. This is an ultimate sign of growing understanding and developing the sense of responsibility for the future of humankind and the Earth as in fact good planets are hard to find.

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  • Dell Inc.

    Dell Inc looks at privatization vs buy-out

    Dell Inc., the largest PC manufacturer in the world, is currently facing a losing battle in the post-PC era of smartphones and tablets. The slump in demand for PCs has grown year-on-year and affected first-quarter profit of the company.

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  • Samsung Electronics Co. dominates Android smartphone market

    Samsung gains astonishing 95% of Android mobile market in Q1

    Samsung Electronics Co. continues to establish its market leadership as the highest grossing smartphone maker in the congested Android smartphone industry. By offering a broad-selection of models, at different price-points and feature-options, the company’s Android smartphone profits are astonishing 95 percent of the revenues earned by the Android smartphone market. The South Korean giant firmly grasped an individual profit of as much as $5.1 billion from the total $5.3 billion posted by Android smartphone industry for the first quarter ended March, according to the findings issued by Strategy Analytics. The Samsung’s domination of Android in 2013 does not come as a surprise to those within the industry.

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