Wall Street on the rise with economic data and oil in the $ 50

The Dow Jones Industrial Average started the session on Thursday, May 26, to appreciate 0.17% to 17,881.57 points, accompanied by technological Nasdaq Composite that started the day advancing 0.13% to 4901.043 points. The Standard &...

Gas Powered Cars May Become Banned in Norway First:

Everyone has been wondering about when the shift towards electric cars will happen, and for some countries it will undoubtedly happen sooner than in others. Nowadays, Norway is approaching legislation that, if enacted, with make...

Oil Industry Dwindles These Last 60 Years:

According to Morgan Stanley analysts accounts citing Rystad Energy, released last week, 2.8 billion barrels of oil were discovered in 2015 outside the United States, equivalent to one month of consumption worldwide. Including that country,...

Aston Martin and Redbull are Creating the First “Hypercar” of History

In a very poor summary, which is incidentally unfortunately standard in this line that only the goodness of Business allows me to keep, Aston Martin and the Red Bull Racing Formula One team announced...

LendingClub’s Fall From Grace: How did it happen?

Wall Street loved Laplanche for wanting to rethink the way we do banking, but peer-to-peer lending was destined to have a grim, or at least for his company LendingClub Corp. as investors reported to...

Google’s Office Visited by the Police: Tax Investigation Raid

The French police has raided the tech giant’s offices in Paris this morning, on an operation that involves tax evasion investigation. The journal Le Parisien states that the operation began on Tuesday at 5:00...

Microsoft continues to invest in mobile phones and fire 1850 people

Microsoft took another step to disinvest in the business of mobile phones. The company announced on Wednesday the dismissal of 1,850 people in the division responsible for Lumia smartphones - a measure which will...

39% Revenue Increase for Alibaba: More and More Shoppers go Online!

China’s biggest e-commerce titan, Alibaba, declared a fourth quarter revenue that rose 39% and demolished the estimates from the experts at Wall Street, as they benefit from a huge growth in merchandise volume. The revenue...

Mobile Wallet To Be Launched By Wells Fargo:

The bank which is based at San Francisco is planning to announce on this next Tuesday that it will launch their Android app title Wells Fargo Wallet for customers to have on their phones,...

Naimi from RPT-Saudi in Oil Battle: Cuts Lonely Figure!

Events seem to trigger on a circle, or at least that would be what Ali al-Naimi would think if he reviewed his time as the oil minister of Saudi Arabia. After 2 years of the...