Tesla Lost a Legal Battle in Texas which will not Allow it to Sell Its Cars Directly to the Customers

As far as Texas is concerned, selling cars directly to customers is not a possibility for Tesla till 2017.

Altera’s Takeover by Intel Is Expected for Approximately $15 billion

According to sources, Intel is close to a deal of acquiring Altera, the chip making company for a deal that is valued at $15 billion or more.

Oil Edges Higher; U.S Department of Energy Reports Mixed Results

On Friday, the oil prices made advances amidst a mixed sentiment offered by the petroleum report in the U. S.

In March, Li Hejun, Hanergy’s Chairman Said He’s No Gambler and Weeks Later Shares Crashed

Li Hejun, the chairman of Hanergy Thin Film Power Group Ltd.

China’s PMI shrinks for Three Months in a Row; More Stimulus could be Expected

A survey conducted by a private firm revealed that the factory activity in China contracted in May, for the straight third month.

Wal-Mart First Quarter Sale and Profit Figures Miss Analysts Estimates

For the first quarter, Wal-Mart Stores Inc. reported a seven percent drop in profits and lethargic sales figures.

Prices of New Homes in China Stabilize in April Showing Hopes of Bottoming Out

For eight months in a row, the new home prices in China have seen declines and that continued in April, as compared to the previous year.

Southwest Airlines Announces Additional Domestic and International Flights and Boosts Dividend

Southwest Airlines will now fly to more number of destinations covering both, domestic and international routes.

Fake Takeover Offer Surges Shares of Avon

A fake takeover bid sent the shares and stocks of Avon rallying higher up on Thursday.

John Chambers gets Sentimental in his Last Cisco Earnings Call as CEO

Last week, Cisco announced that that it's current CEO, John Chambers will be leaving in July and will be replaced by Chuck Robbins.

Ethiopia News

Beauty queen Meron Wudneh working for Ethiopia’s homeless kids
Thu, 09/11/2014 - 11:03

Beauty queen Meron Wudneh, who was crowned Miss Africa USA at a national pageant in August at...

Health Point

Sat, 03/07/2015 - 12:48

The World Health Organization (WHO) has suggested that people should reduce their sugar intake...

News from Nigeria

Tue, 09/23/2014 - 10:54

The divorce case of famous Nigerian couple-pastors Chris Oyakhilome and his wife Anita...