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US stock benchmark indexes are slightly declining as of 14:40 London time. Standard & Poors 500 index is offsetting opening raise with a dip of 0.28%. Dow Jones Industrial and Nasdaq Composite are behaving in a similar way. The sharp fluctuation above and under the zero line was triggered by US data on retail sales, […] Read more

Apple tests cheaper and bigger screen models of iPhone

It seems that Apple has learned its lesson from Samsungs increasing progress on the smartphone market. The tech giant is expected to launch a bigger screen model of its top seller phone, but also a budget version of apple smartphone which is believed to be priced around $100. The moves are triggered by the raising […] Read more

Wal-mart strategy: hiring temporary workers

The multinational retail corporations sales have been under pressure recently following the uncertain economic condition of the country. Company is taking a new shift in hiring strategy, offering a large amount of temporary open positions to ensure it doesnt get understaffed and to manage its cost. Reuters survey of 52 stores run by the largest […] Read more

US stocks slid for a third consecutive day

US stocks declined extending losses to a third day in a row due to overwhelming uncertainty for Feds decision about stimulus along with ambiguous US data. Dow Jones Industrial Average declined yesterday for a third consecutive day, first time since start of the year. The benchmark index has been on an up-slope this year. It […] Read more

US stock index futures signaling two day loss recovery

US stock index futures rose suggesting a recovery in S&P 500 index, as investors analysed the effect of rising bond yields on equities. Standard & Poors 500 index which expires this month gained 0.5%. The index has been on a two day loss row. Dow Jones Industrial also rose by 0.5%. In Europe, UK benchmark […] Read more

Ferrari turns to even greater exclusivity

Most companies in car manufacturing business are “screaming” for more sales which basically assures more market capitalization, and last but not least greater revenues for the firm. That is not the case with Ferrari, as it seems the luxury brand is ready to lose some of its sale numbers in order to re-position itself as […] Read more

Vodafone shows interest in Kabel Deutschland

Vodafone Group Plc has made an informal acquisition offer to Germanys largest cable company – Kabel Deutschland Holding AG according to Bloomberg report citing people familiar with the matter. The telecom company competes with Jihn Malones Liberty Global Inc. which also declared interest. Vodafone sees opportunity to grab 8.5 million connected households and combine its […] Read more

Nokia cuts Symbian smartphones shipment

Nokia is supposed to finally stop shipment of smartphones using Symbian OS. The company is betting its future solely on Microsoft Windows platform. The Symbian OS which was the worlds leading operation system and looked untouchable few years ago, now would be stopped from usage. The Finnish firm was loosing grip on market innovations as […] Read more

US stocks decline after BOJ denies stimulus raise

US stocks declined after Bank of Japan Governor said he sees no point in raising stimulus for now. The S&P 500 fell 1% similar to its futures before US stock market opened yesterday. The Dow Jones Industrial Average dipped 0.8% . Fed’s President of Saint Louis, James Bullard made an interesting statement this week assuring […] Read more