5:21 am - Thursday July 31, 2014

Author Archives: Freddie

darjeeling

Darjeeling tea prices go down by Rs. 100, says report

India’s Darjeeling tea prices take a hit. Recent reports state that – India’s famous export – Darjeeling tea prices have gone down by Rs. 100 per KG when compared  to last year’s figures. This time, the production...
air

Air Algerie flight AH5017 wreckage found in Mali

Reports claim Air Algerie flight AH5017 wreckage located. The wreckage of Air Algerie flight AH5017 – which went missing with 116 passengers on board – has been found in Mali on July 24, 2014. The flight had lost contact with the...
economy

Manufacturing activity in China at 18-month high, HSBC survey

China shows signs of economy boost with increased manufacturing activity. An initial survey by HSBC has revealed that the manufacturing activity in China has grown at its fastest pace in 18 months in July, 2014. This latest survey will calm...
satya

Microsoft to cut 18,000 jobs in 2015

Microsoft confirms employee layoffs decision. CEO of the US based software giant Microsoft, Satya Nadella confirmed that the company is planning to cut as many as 18,000 jobs in the upcoming year. The announcement was expected to be made on...
BMW

BMW announces recall of 1.6 million cars

BMW follows the recall debacle, calls back for 1.6 million vehicles. Luxury auto giant BMW has announced a recall of 1.6 million cars globally citing a defect in the front passenger air-bag. This defect has also caused other manufacturers like...
GM

General Motors recall grows to 8.2 million vehicles

General Motors sees no end to crises. Auto giant General Motors on June 30, 2014, announced that it has added about 8.2 million vehicles to its growing list of cars which have been recalled citing a faulty ignition switch defect. The recent...
toyota

Japan automakers recall 3 million vehicles

Honda, Nissan and Mazda call for major vehicle retractions citing air bag defect. Major Japanese automakers have announced a retraction of about three million of their vehicles across the globe on June 23, 2014. The vehicles have been recalled...
HTC

HTC launches Desire VC 816 in India

HTC Desire VC 816 enters the burgeoning Indian smartphone market. Chinese based smartphone manufacturer – HTC – has launched the dual SIM smartphone Desire 816 at Rs. 23,990 for the Indian market. The new smartphone is based on...
shinzo

Shinzo Abe aims to boost Japan’s robot market

Japan might witness Robot Olympics in 2020. Japan’s Prime Minister Shinzo Abe has expressed his wish to host a Robot Olympics in 2020 – the same year in which Japan will host the Summer Olympic Games. The PM addressed the media...
british

British visa rules to be eased for Chinese tourists

Chinese tourists can now travel to the UK hassle free. Britain is all set to further ease the visa application process for Chinese tourists. The announcement was made by the UK government on June 16, 2014. The recent development came as the...