Described as a spacecraft rather than an aircraft, Concorde Mark 2 will travel four times the speed of sound. The planned airbus can reach London from New York in an hour.
Snapdeal has raised $500 million worth of investments from three powerful technology companies in Asia--China's largest online marketplace Alibaba, Japanese telecom company Softbank, and Taiwan-based contract electronics manufacturer Foxconn Technology Group (Hon Hai Precision Industry), as reported by Chinese newspaper Commercial Times.
Runtastic, a mobile fitness app creator, has just been procured by Adidas for 220 Million Euros as part of Adidas 'Creating the New' Campaign which aims to give athletes a chance of fully integrating sports in their lives.
Alibaba Group Holding Ltd. is expecting newly appointed Michael Evans, a Canadian Olympic gold medalist and once touted to be the next chief executive of Goldman Sachs Group Inc., to help them make a big break in the United States, Reuters reported.
Mitsubishi widens its aircraft company by establishing an engineering center designed to test its MRJ with the aid of a local partner. the new center's inauguration on Aug. 3 was joined by dignitaries in Seattle.
Hyundai's Sonata and Elantra is the company's best seller based on its sales report post in July. It's best July sales performance was collaborated by the sales of the company's other car models like the Santa Fe and the Tucson. The company is J.D. Power APEAL study's second place among the top non-premium automakers.
Toyota gained a record breaking profit of 5.2 billion during the first fiscal quarter. The company's high sales performance is a product of overseas company strategies and the devaluation of the yen. The company's over-all sales are down besides new profit record.
The quiet purchase by Disney of three adjoining tracts of land in California estimated at $60 million has led to speculations that the company would build another theme park, possibly focusing on "Star Wars" characters or Marvel heroes.
Beijing’s Qingfeng steamed bun restaurant chain is set to go public after its business received a massive boost following a visit by President Xi Jinping to one of its outlets in 2013, the company told Shanghai’s China Business News on Sunday.
An increasing number of investors are attracted by the huge potential in China’s e-medicine market and to jostle with some enterprises that pioneered in the realm, the 21st Century Business Herald reported.
Alibaba Group Holding Ltd. has named Michael Evans, a former executive of Goldman Sachs Group, as president of the company to lead its global expansion and sustain its strong growth, the Xinhua News Agency reported.
Florida residents would get deeper price cuts in their purchases on selected school-related products beginning Friday, August 7.
Is Apple's iPhone losing its steam? That question is being raised as shareprices of the tech giant slipped for the fifth consecutive day on Tuesday to $113.25.
Amid the stiff competition, Didi Kuaidi manages to score an investment from the country's sovereign-wealth fund, the China Investment Corporation.
Geared to generate independent business in China, Uber has set up a server to provide enhanced service to its local customers and to start its long-term development in the country.
