Economy News

Statoil ASA Backs Big Carbon Dioxide Reductions

Statoil ASA Backs Big Carbon Dioxide Reductions

According to Norway’s Statoil ASA (ADR) (NYSE:STO), the world‘s economy stands to benefit greatly if strong measures are taken to reduce carbon-dioxide emissions over the coming 25 years. As per a report published, the oil and gas producer is projecting the global economy to grow annually by 2.9% on average. […]

Netflix, Inc. To Debut In Southern Europe

Netflix, Inc. To Debut In Southern Europe

As it accelerates its international expansion, Netflix is set to launch in Spain and Portugal this October As part of its aspirations of becoming a global corporation by the end of 2016, Netflix Inc. (NASDAQ:NFLX) launched its internet video streaming service in Southern Europe. The company was planning its debut […]

Tesla Motors Inc To Award Hackers $1,000 In Bug-Hunting Scheme

Tesla Motors Inc To Award Hackers $1,000 In Bug-Hunting Scheme

Tesla Motors encourages hackers to find security flaws on its website by rewarding them with money Tesla Motors Inc (NASDAQ:TSLA) will start rewarding hackers through a bug-hunting scheme, which will encourage people to report security problems on Tesla’s website. The program is official on a crowdsourcing company website, Bugcrowd.com which […]

Iran To Catch Attention at OPEC Meeting

Iran To Catch Attention at OPEC Meeting

According to Organization of the Petroleum Exporting Countries (OPEC) delegates, a glut of oil is withstanding the economic pressures, because Iran is geared up to come back to the international oil market as soon as sanctions imposed on it by Western countries are withdrawn. However, they also said that OPEC […]

Baidu Inc (ADR) Invests $11.5 Million In Chinese Startup That Offers WiFi To Commuters

Baidu Inc (ADR) Invests $11.5 Million In Chinese Startup That Offers WiFi To Commuters

Baidu is widening its core offering by investing in Qianhai mobile, a startup offering Wi-Fi to local commuters Baidu Inc (ADR) Invests $11.5 Million In Chinese Startup That Offers WiFi To Commuters China’s most popular search engine and mapping service, Baidu Inc. (ADR) (NASDAQ:BIDU), is expanding into the public Wi-Fi […]