Date archive forAugust, 2015
Saudi Arabia
By Michael Burns On Sunday, August 9th, 2015

Is The Saudi Oil War Of Attrition Starting To Take It’s Toll?

Saudi Arabia is facing a hefty budget deficit due to the ongoing oil glut. After news this week that Saudi Arabia is planning to raise $27 billion through bond sales it may be a sign that the low prices of oil are More...

Black Hat Conference
By James Li On Thursday, August 6th, 2015

Black Hat Conference Keynote Speech Urges Hackers To Protect Internet Freedom

The time of an open and free Internet is withering away by overregulation, censorship and laws that don’t stop the right people said Jennifer Grannick director of Civil Liberties at the Stanford Center for Internet More...

Shire Building
By Sylvia Delisle On Tuesday, August 4th, 2015

Shire Bids $30 Billion For Baxalta

Baxalta was split from Baxter International in July 2015. Shire PLC the Dublin-based biopharmaceutical company has made an offer of around $30.6 billion in stock to acquire Baxalta Inc. Baxalta is a rare-disease More...

By Katherine Murray On Tuesday, August 4th, 2015

EU And Vietnam Agree On Free Trade Deal

The agreement may be in action starting the end of 2017/beginning of 2018. Vietnam and the EU made a trade deal “in principle” on Tuesday which would lift the majority of tariffs on goods. The EU Trade commissioner More...

Oil Rig
By Joseph Holloway On Sunday, August 2nd, 2015

Low Oil Prices Are Hurting North American Economy Growth

Crude oil is currently at $47.12. Whilst most people especially drivers, airlines and freight companies are enjoying cheap fuel prices, the oil industry is responding to its much lower profit margins with significant More...

By James Li On Saturday, August 1st, 2015

Uber Is Now Valued At $51 Billion Following Its Latest Round Of Funding

Uber has now rolled out its service to more than 50 countries worldwide. The fast growing taxi application service Uber has just finished its most recent round of funding which values the company at an impressive More...