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Eva Lockhardt


Solar Impulse 2 trip to Hawaii cancelled

Unfavorable weather conditions has delayed the world record flight in its last leg of its trip.
Published on June 23, 2015
By Eva Lockhardt

Boeing to supply 100 737 Max 8 jets to AerCap for $10.7 billion

Boeing gets the new contract in the sidelines of the Paris Air Show
Published on June 17, 2015
By Eva Lockhardt

Toyota to recall 1.37 million vehicles over Takata bag fiasco

The faulty airbags from Japanese vehicle parts manufacturer Takata has led to the biggest recall in automobile industry.
Published on June 17, 2015
By Eva Lockhardt

Tsipras postive about a new compromise deal on debts

Greek PM hints at a new compromise deal to clear the debts, while getting the next tranche of loans from its troika of creditors
Published on June 15, 2015
By Eva Lockhardt

FCC’s Net Neutrality implemented across US

An appeal by broadband providers to temporarily ban the implementation of Net Neurality rules was turned down by the US court.
Published on June 13, 2015
By Eva Lockhardt

Maggi now under FDA scanner

Nestle India's much-loved instant noodles brand Maggi has been under the fire in the country and now the FDA is also testing samples in the US.
Published on June 12, 2015
By Eva Lockhardt

HSBC job cut to be beneficial to India, China

Even as HSBC cuts thousands of jobs worldwide, the comapny will be investing more in the growing economies of India and China over the next few years.
Published on June 10, 2015
By Eva Lockhardt

PVR to buy DT Cinemas for Rs 500 crore

Consolidation has become the norm in the booming movie screen business in India
Published on June 10, 2015
By Eva Lockhardt

Qatar Airways threaten to exit Oneworld alliance

The growing dominance of carriers based in Middle East has changed the power dynamics within oneworld alliance.
Published on June 9, 2015
By Eva Lockhardt

Ford to invest $3.1 billion in Michigan state

Ford has struck a deal with Michigan government to invest $3.1 billion in the state in exchange for tax credits.
Published on June 9, 2015
By Eva Lockhardt

Cyber attack hits personal data of 4 million US federal employees

US has proved to have more enemies than it would like to think as personally identifiable information of about four million current and former federal workers were compromised in aโ€ฆ
Published on June 4, 2015
By Eva Lockhardt

IMF warns Fed Reserve to not go for rate increase

In a setback to investors and market enthusiasts, the IMF has downgraded the GDP estimate for US this year and advised the Federal Reserve to not increase the rates untilโ€ฆ
Published on June 4, 2015
By Eva Lockhardt

HSBC to pay record fine in money laundering case

The money laundering scandal at HSBC's Swiss arm has forced the British bank to pay a record fine to the Geneva authorities to escape a criminal inquiry in the countryโ€ฆ
Published on June 4, 2015
By Eva Lockhardt

Reliance to sell stake in US JV for $1.07 billion

Indian energy giant Reliance Industries has sold its 49.9 percent stake in a US joint venture to Enterprise Products Partners for $1.07 billion. The JV called Eagle Ford (EFS) Midstream,
Published on June 2, 2015
By Eva Lockhardt

Estimates of oil volume beneath the Central NW territories revealed

200 billion barrels of unexplored oil reserves lies under the Central NW Territories in Canada, though fracking might be used to reach to the reserve and extract it.
Published on May 22, 2015
By Eva Lockhardt

RBC retracts new set of fees after heavy backlash

The so-called 'pay-to-pay fees' was set to be charged for some RBC customers from June 1 but heavy backlash forced the company to rethink the policy change.
Published on May 22, 2015
By Eva Lockhardt

New Snowden doc reveals NSA used app to spy

NSA and its partners used Apps and considered tapping mobile software stores of Google and Samsung to spy, allege a new set of documents revealed by Former NSA contractor Edwardโ€ฆ
Published on May 22, 2015
By Eva Lockhardt

Altice to buy Suddenlink and enter US cable market

Altice is set to foray into the US market at a time when the cable industry is facing a paradigm shift
Published on May 20, 2015
By Eva Lockhardt

Paypal to pay $25 million to CFPB

American online payment services company PayPal has accrued $25m in penalties and refunds as the Consumer Financial Protection Bureau has found out that the company deceptively signed its consumers to
Published on May 20, 2015
By Eva Lockhardt

UBS pleads guilty of forex rigging charges

The bank is one of the five leading banks in the world to have accepted the forex rigging charges.
Published on May 20, 2015
By Eva Lockhardt

LA votes to increase minimum wage to $15-an-hour

The second-largest city in the US votes in favor of wage reforms, possibly creating ripple effect in the country
Published on May 20, 2015
By Eva Lockhardt

ZTE to launch Nubia brand in India

Chinese smartphone maker ZTE is the new entrant in the crowded smartphone market in India.
Published on May 16, 2015
By Eva Lockhardt

Colombia bans aerial anti-cocaine spray

The active ingredient in the spray could be carcinogenic, according to WHO reports.
Published on May 16, 2015
By Eva Lockhardt

LHC detects particle decays

The renovated LHC which started functioning from last month has noted particle decays which could throw some light on dark matter, dark energy and antimatter.
Published on May 14, 2015
By Eva Lockhardt

Honda to recall vehicles with faulty airbags by Takata

The largest vehicle recall in the history is underway, thanks to faulty Takata airbags
Published on May 14, 2015
By Eva Lockhardt

Walmart China approves alibaba mobile payments

Walmart has partnered with its rival Alibaba to facilitate the growth of the latter's mobile payment service in China.
Published on May 14, 2015
By Eva Lockhardt

Scientists come closer to creating bionic brain

The Nano Cell is the world's first electronic multi-state memory cell which mirrors the brain's ability to simultaneously process and store multiple strands of information.
Published on May 13, 2015
By Eva Lockhardt

Facebook kicks off Instant News platform

The social media company will load the news faster for select nine publishers
Published on May 12, 2015
By Eva Lockhardt

FTC urges Michigan to revoke Tesla ban

Pressure mounts on Michigan to allow Tesla its presence in the state.
Published on May 12, 2015
By Eva Lockhardt

India closer to passing GST Bill

A common tax norm for the country is beneficial as it will step an inch closer to uniform tax implementations
Published on May 7, 2015
By Eva Lockhardt

Greece blames creditors for bailout standoff

The Greek Tragedy continues to unravel with the impasse on bailout
Published on May 5, 2015
By Eva Lockhardt

Google search on phone outstrips search on PCs

A shift in consumer choices compels Google to assert itself in the Mobile Advertising landscape.
Published on May 5, 2015
By Eva Lockhardt

Google doubles lobbying expenditure in EU

Google is among a list of US-based technology companies that are lobbying hard in the EU post the decision to fine Google for curbing competition, The Wall Street Journal reported.
Published on April 30, 2015
By Eva Lockhardt

Housing prices shoot up in UK, Australia

House prices have climbed higher in the UK for the month of April according to data from a major mortgage lender. The annual house price growth edged up to 5.2
Published on April 30, 2015
By Eva Lockhardt

Coinbase to expand operations in UK

Bitcoin payment processor Coinbase expanded its base in UK and is looking forward to expand globally to 40 countries. The company has announced that it had engaged in very โ€˜forward-lookingโ€™
Published on April 29, 2015
By Eva Lockhardt

South Africa releases first Lion population report to public

South Africaโ€™s Department of Environmental Affairs has released for public comment its first-ever Biodiversity Management Plan for lions titled Panthero Leo. The proposed plan is outlined in the governmentโ€™s vision
Published on April 29, 2015
By Eva Lockhardt

UK leader puts down new EU policies on illegal migrants

British politician and leader of the UK independent party Nigel Farage has claimed that half a million Islamic extremists could cross the Mediterranean and gain access to the UK as
Published on April 29, 2015
By Eva Lockhardt

Australia could lose AAA rating: Joe Hockey

Australian treasurer Joe Hockey has announced that the country could lose its AAA credit rating, which would amp up interest rates for households, unless the federal budget is returned to
Published on April 28, 2015
By Eva Lockhardt

Deutsche Bank slapped with record fine for interest manipulation

Deutsche Bank has been fined a record $2.5bn (ยฃ1.7bn) by UK and US financial regulators for manipulating interest rates. The German bank company has also been under fire for not
Published on April 24, 2015
By Eva Lockhardt

Eu zone ministers to not set any more deadlines for Greece

The finance ministers part of the Eurozone negotiations with Greece plan to not set any more deadlines for Greece to come up with reforms to get more funding. The ministers
Published on April 22, 2015
By Eva Lockhardt

ATO Chief retorts to MNC tax evasion evidences

Australian Tax Commissioner Chris Jordan has accused companies including Apple, Microsoft, Google, Rio Tinto and BHP Billiton for giving inaccurate evidence to the Senate inquiry into corporate tax avoidance. The
Published on April 22, 2015
By Eva Lockhardt

Yahoo mulls offloading Japan stake

American technology company Yahoo has missed its earnings and revenue forecasts for the first quarter, putting the companyโ€™s investors in huge disappointment. Yahooโ€™s reported adjusted earnings of 15 cents a
Published on April 22, 2015
By Eva Lockhardt

Cable war intensifies with Verizon’s slim package launch

US-based mobile and internet service provider Verizon Inc has launched customized smaller TV channel packages much to the ire of leading cable channel providers. Already the company has faced objections
Published on April 22, 2015
By Eva Lockhardt

Apple Pay to launch in Canada by year end

US-based technology company Apple is planning to launch its mobile payments service in Canada. Apple Pay service will be launched in Canada by the end of this year, marking the
Published on April 21, 2015
By Eva Lockhardt

AGL vows to stop using fossil fuels by 2050

Australia’s largest power generators AGL Energy has announced that it would do away with traditional coal-fired electricity by 2050 and focus its investment on renewable energy. The companyโ€™s new chief
Published on April 17, 2015
By Eva Lockhardt

Mattel hints at crowdsourcing and digital toys to improve sales

Worldโ€™s largest toy maker and owner of the Barbie franchise, Mattel, is putting itself in top gear and shifting its course as the company faces its sixth straight quarter of
Published on April 17, 2015
By Eva Lockhardt

US Justice Department may stop Comcast-Time Warner merger

The US department of Justiceโ€™s antitrust division is almost close to passing a recommendation to stop the countryโ€™s largest ISP company Comcast from acquiring Time Warner Cable, according to a
Published on April 17, 2015
By Eva Lockhardt

Former Yemeni President refuses to leave country

Yemen’s former president Ali Abdullah Saleh, who is believed to be currently behind the scenes of the Houthi militia uprising in the country, has announced that he has no intentions
Published on April 17, 2015
By Eva Lockhardt

WEF report highlights digital divide amongst world powers

World Economic Forum has released a new report highlighting that many developing countries are not fully utilizing the advantages of Information and Communication Technologies (ICT). The Global Information Technology Report
Published on April 16, 2015
By Eva Lockhardt

Apple opens ResearchKit to App developers

US technology giant Apple has opened its ResearchKit app to doctors and scientists and the app developers working with them. More than 600,000 iPhone users have already enrolled in the
Published on April 14, 2015
By Eva Lockhardt
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