News

houses

UK now has over 500,000 ‘property millionaires’

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Over half a million homeowners in the UK own a property worth at least £1 million, according to Zoopla. The website found that the total number...
samsung galaxy s5

Samsung releasing the Galaxy Note 5 this August

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Samsung will release the new Galaxy Note 5 in mid-August 2015, according to a report by the WSJ citing people familiar with matter. The South Korean-based decided to...
House on pile of money

US mortgage rates drop amid global uncertainty

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Mortgage rates in the US dropped this week amid uncertainty in world financial markets. The 15-year fixed average rate dropped to 3.20% from 3.24% the...
exports

UK trade deficit drops to lowest level in nearly two years

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The UK’s trade in goods deficit fell to the lowest level in almost two years in May as ship imports and material manufactures dropped...
Wella_Color_Recharge_Closeup_d

P&G agrees to merge 43 of its beauty brands with Coty

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Procter & Gamble announced that is merging 43 of its beauty brands with Coty Inc. in a Reverse Morris Trust transaction worth around $12.5 billion. In...
Ford Motor Company

Ford moving production of Focus and C-Max out of the US

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Ford announced that it will no longer produce the Focus and C-Max vehicles at its Michigan Assembly plant starting in 2018. In a statement the...
deficit

US budget deficit has dropped by $52 billion, says CBO

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According to the Congressional Budget Office, the US budget deficit dropped by $52 billion during the first nine months of the fiscal year from...
google self driving car

Google self driving car roams the streets of Austin

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Google's self-driving cars are roaming the streets of Austin, Texas, furthering efforts on how the prototype interact with traffic, road conditions, and people. Google has been working...
skype

Microsoft releases new Skype for Business app

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Microsoft just announced the released on the Skype for Business app, which is now available for Windows Phones. The new Skype for Business app will be...
IMF

IMF warns against US Fed hiking rates this year

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The International Monetary Fund (IMF) warned against the US Federal Reserve hiking interest rates this year. The IMF recommends waiting for “clear signs of wage...