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Samsung Electronics Co Ltd (ADR) has earned the dubious distinction of having a few of its products banned by airlines. Note that we are talking about carrying the phones themselves, not just operating them in flight. A crisis situation has come up over time about explosions in a few of the firm’s phones. It seems that the…
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Apple Inc. will soon bring the much-awaited iPhone 7 to market, and possibly an upgrade to the Apple Watch in its event next week. Also, the tech giant may surprise with a new pair of Beats headphones in the event. The public relations team at Beats included an invitation to Apple’s event on September 7, in…
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Samsung Electronics Co Ltd (ADR) and its Asian rival Tencent are in the race to become Asia’s most valuable firm, Benchmark Monitor reports. Tencent and Samsung are racing to be crowned Asia’s most valuable firm as expectations for robust earnings growth push their share prices to record highs. Their surge – both have gained by a third…
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SolarCity Corp (NASDAQ:SCTY)’s merger with Tesla Motors Inc (NASDAQ:TSLA) has received antitrust approval. The Federal Trade Commission (FTC) confirmed on Thursday that it has given the go ahead for Tesla to buy the solar panel installer. This helped raise the stocks’ values by as much as 0.4 percent. SolarCity Corp & Tesla Gain FTC Approval Investors…
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Amazon.com, Inc. is suspected of violating antitrust laws in Japan. The company’s local office was searched by Japan’s anti-monopoly watchdog agency on their suspicion that the firm is forcing retailers to favor its e-commerce service over rivals. According to the reports, the Japan Fair Trade Commission recently raided the company’s offices in Japan to investigate whether the company…
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Crude oil has been on a rollercoaster ride for more than a year and the VelocityShares 3X Long Crude ETN linked to the S&P GSCI has suffered the same bearish fate. On Monday, U.S. crude crashed below $40 per barrel as the weak demand, excess production, and supply glut continue to drive oil prices lower….
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There has been an upward trend in the value of the US Dollar relative to the British Pound for the past year, & the American Dollar gained massively when reports emerged that the UK had voted to leave the EU. The UK’s exit of the European Union was announced on the 24/06/2016, & at some…
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Just 10 days after the UK voted to leave the EU (which resulted in a large fall in the value of the British Pound ), travel companies are already reporting that there is a large increase in the number of Canadians considering visiting the UK. Canadian holidaymakers are attempting to take advantage of the favorable…
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Since it was announced that Britain had decided to leave the EU (on the 24/06/2016), the British Pound dropped in value, down by up to 10% on the day, reaching its lowest price relative to the US Dollar in several decades. We also reported that the US Dollar could reach parity with the British Pound,…
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Facebook Inc announced Tuesday that it has redesigned its most iconic product, the Like button. The social networking giant also announced two new Chrome extensions to help people improve their sharing and saving experience. In other news, Needham & Co. Senior Analyst Laura Martin warned that there’s risk to some big tech players including Facebook…
