Business News

  On Wednesday, Google announced Beijing as the location for its first artificial intelligence (AI) research center in Asia, no doubt looking to expand further into the country, capitalizing on China’s highly regarded AI expertise. In a statement, Google said the research center will be ...

Alex Took No comment
  On Monday Apple confirmed it was buying Shazam; the music recognition service that quickly become a user favorite app at the start of the smartphone era. TechCrunch was the first to report the potential acquisition last week, and while specific terms of the deal have yet to be disclosed, ...

Alex Took No comment
  On Thursday Tyson Foods, the largest meat processor in the United States, announced it had raised its stake in plant-based protein maker Beyond Meat. Beyond Meat is owed by Kellogg, the world’s largest cereal maker. Based in Los Angeles, California, Beyond Meat is a privately held ...

Alex Took No comment
  Not to long ago billionaire Richard Branson and Denver startup Boom unveiled the prototype for a supersonic passenger plane; hoping to one day build an airliner which would cruise at 1450 mph whilst accommodating 45-55 passengers. Japan Airlines (JAL) has recently invested $10 million in ...

Alex Took No comment
  In one of the year’s largest agreements, CVS Health announced Sunday that it has agreed to buy Aetna, one of the biggest health insurers in the United States, for around $69 billion. Goldman Sachs, Barclays, and Bank of America Merrill Lynch are providing $49 billion of financing to CVS ...

Alex Took No comment
  On Tuesday, Arby’s Restaurant Group announced a deal to buy Buffalo Wild Wings (Bdubs) for more than $2.4 billion in cash. Arby’s was founded in 1964, and is the second-largest sandwich restaurant brand in the world. The deal has Arby’s paying $157 each for the 15.51 million ...

Alex Took No comment
In an effort to develop and rollout technology that could help limit emissions of carbon dioxide from the aviation industry, Airbus, Siemens and Rolls-Royce have teamed up to develop the E-Fan X project; a hybrid passenger plane. The E-Fan X project aims to replace one of the four gas turbine ...

Alex Took No comment
  On Sunday, Iowa-based media company Meredith announced its intent to buy Time magazine for $18.50 a share; in an all cash transaction valued at $2.8 billion. The addition of Time Inc will give Meredith an expanded national scale; helping it to continue to appeal to advertisers on the ...

Alex Took No comment
  According to an estimate by Bloomberg, Amazon founder and CEO Jeff Bezos’ net worth surpassed $100 billion on Friday. Bezos surpassed Gates to become the world’s richest person last month, with Buffett estimated to be the third-richest at $78.9 billion. According to a November 14th ...

Alex Took No comment
  As American society has continued to increasingly become tech oriented, more and more people are doing their holiday shopping online. Traditionally the day after Thanksgiving has been thought of as the start of the holiday shopping season, but with the rise of smartphones that day has ...

Alex Took No comment
Want to know latest inside moves in business? Subscribe to stay updated.
  • No Records Found!

May 02, 2015 – China has again regained its appetite for commodities. Market data shows that ... Read More


May 02, 2015 – Crude oil prices have been steadily gaining ground in the international market. ... Read More


May 02, 2015 – After the recent announcement that Greece was weeks away from running out of ... Read More


May 02, 2015 – Gold prices had dipped 2.3% to lowest monthly close in April last month. Silver ... Read More