Banking giant Goldman Sachs reported a sharp fall in profits as trading activity slows due to growing concerns about the global economic growth. The company’s net profits for the past three months went down more than a third compared a year earlier, with revenue falling almost 20% to $6.9bn. Plunging […]
The Australian Government has approved one of the largest and most controversial mines to be built in Queensland. The Carmichael coal mine by India’s Adani Mining, however, will be subject to the country’s strictest conditions. Environmental Concerns The approval was signed last October 14 by Australia’s Environment Minister after a […]
Slumping Barbie sales are urging Mattel to become more competitive in the toy industry. The company hopes to revitalize their sales with Hello Barbie, a doll that talks to children. Revitalizing the Toy Business Mattel’s profits were at an all-time low in the third quarter at around 33 percent. The […]
The World Bank plans to put together a financial assistance package for countries that are accommodating refugees from Syria. Officials note that there is a substantial financial burden being borne by Jordan and Lebanon, and they are currently discussing getting help from rich countries from the Gulf Nations. Syrian Crisis […]
Comments from Netflix executives imply that the company wants to stay competitive as a news programming service. The cryptic comments came after the company’s earnings call, which fell short of their analysts’ expectations. Expanding to Journalism? Netflix is hinting that it may be expanding their operations into the world of […]
With prices the way they are, it’s not surprising that many people opt to go for condominiums over houses. There are many benefits to this, not the least of which is the economy of having certain things communally paid for; additionally, the overall cost isn’t too high. Of course, in […]
