You may not have heard of it but Singles’ Day which was started in the 1990s and was commercialized by Chinese e-tailer Alibaba back in 2009 — is the biggest shopping day in the world. However many don’t even know about it. The day has become not only the world’s largest…
Monster Beverage Company announced onThursday that it plans to break into the Chinese market during the first half of 2016, as a distribution deal with Coca-Cola that pushes its energy drinks to many more markets around the world gets started. At this time, Monster has an agreement with Coca-Cola or…
It’s been released that Samsung will launch a “pink gold” version of its Note 5 “phablet” in South Korea, in a an effort to tempt customers to buy its new device over Apple’s own rose gold iPhone 6 which has been getting tons of buzz. The new color will launch on…
It seems the rather painful sell-off in some commodities may be over for now, but a blast of major Chinese economic reports that are coming early next week could put any recent rallies to the test come next week. Many Wall Street strategists have said they see signs of a broader…
Things just got a little worse for Volkswagon. As we noted earlier in the week, there were problems because of the scandal over rigged emissions test in parts of Europe. Now Volkswagen has said it would recall approximately 8.5 million diesel-engine cars in the European Union (EU) after Germany requested servicing of…
Netflix has reported third-quarter earnings and it’s a big miss. Their earnings, per share came in at $0.07 on revenue of $1.74 billion and is missing expectations by a long shot. Then following these results, shares were down as much as 14%. But the company’s earnings webcast last week helped…
Starbucks (SBUX) will be losing a cushy credit card payment processing deal with upstart Square, according to Square’s initial public offering filing. The processing deal, announced back in 2012, has been a huge money loser for Square since then. When the deal generated massive publicity because Starbucks also agreed to invest…
Inflation that is rampant is nothing new to the Venezuelan economy. However in a sign of just how severe the situation has grown for some people there, food prices spiked by 22.2% in August from the previous month, according to new research on the country. The inflation figure we see…
BEIJING (AP) Volkswagen has said on Monday that it is recalling 1,950 diesel vehicles in China to change engine software that it now has admitted cheats on emissions tests. Singapore has also suspended sales of the company’s diesel cars at this time. Last month the German automaker admitted that…
In the race for the republican nomination for the 2016 US Election, Donald Trump calls Angela Merkel insane over her immigration policy and says could be greatest ‘Trojan horse’ ever. You can read more here