Indonesia’s economy grew a faster-than-expected 5.18% in the second quarter from a year earlier, thanks to higher commodity prices and stronger consumption. Household spending, which accounts for more than half of GDP, rose 5.04% on […]
Any chance the Federal Reserve had of raising rates this year may have been quashed by the Bank of England, which not only cut interest rates on Thursday, but restarted its money-printing program. The decision […]
Despite Brazil’s multitude of challenges, its markets have become some of the best worldwide for investors. The MSCI Brazil stock index has risen 60% this year, making it the best performer among the 165 country […]
Apple (NASDAQ:AAPL) has received approval from the Federal Energy Regulatory Commission to sell energy. Those who follow Apple know the company has already made plans for building out a massive solar farm in the past, […]
Uber rival Grab is raising at $2.3B valuation, reportedly burning $35M a month Grab, the company that rivals Uber in Southeast Asia, is in negotiations to close a new round of funding that could value it as high as […]
Summary When Facebook acquired WhatsApp, it paid $55 per active user; current base has widened from 400 million to more than a billion. More importantly the number of ‘groups’ have exploded. It is time Facebook […]
Snapchat’s recent efforts to boost its ad offerings are paying off as brands such as Kraft Foods, Tiffany and Burger King have woken up to the potential of engaging playfully with consumers on the platform. […]
Chip cards are more secure than magnetic-strip cards but take twice as long to process at checkout, averaging 13 seconds. Consumer frustration with chip cards could pave the way for greater acceptance of mobile transactions, […]
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