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Bitcoin exchange MtGox goes offline

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Tokyo based MTGox, once the world’s largest bitcoin exchange, has gone offline after spotting what it described as “unusual activity”. The Bitcoin exchange has recently...

Marketing mistakes in Eastern countries the kiss of death

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Marketing mistakes made by major brands, because they take a one-fits-all approach when selling in Eastern nations and do not take into account cultural...
Advertising on smartphone

Mobile advertising, targeting consumers by interest and location

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Targeting consumers by interest followed by location is the most acceptable way for mobile advertising. The data comes from a PwC report, titled “Mobile advertising:...
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HSBC profits $22.6 billion 2013, up 9%

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HSBC profits reached $22.6 billion in 2013, missing analysts’ forecasts of of $24.3 billion, but 9% higher than $20.6 billion registered in 2012. Europe’s largest...

Retail sales forecast for 2014, 4.1% growth, US

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The National Retail Foundation (NRF) says its retail sales forecast for 2014 predicts growth of 4.1%, excluding restaurants, gas stations and automobile sales. An increase...

Mexico car exports rising rapidly

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Mexico car exports to the United States will soon replace Japan for second place, according to IHS Automotive. Currently, Canada is the largest car exporter...

G20 pledged $2 trillion extra global growth

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In Sydney, Australia today, the Central Bank Governors and Finance Ministers of the G20 pledged $2 trillion in extra worldwide growth, by implementing policies...
House on pile of money

January existing home sales fell, prices rose, US

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January existing home sales declined to their lowest level in 18 months, but prices rose as inventory shortages persisted in much of the country,...

America’s richest get most income growth

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America's richest get the most income growth, i.e. the top 1% wealthiest Americans captured 53.9% of all growth in the country between 1979 and...

Volkswagen Scania acquisition move

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A Volkswagen Scania acquisition move reveals Europe’s largest automobile maker’s plans to overhaul its truck business. Volkswagen (VW) has put over $9.21 billion (€6.7...