Parity between the value of the euro and dollar would be brought about by divergence in monetary policy between the United States and Europe, according to ING Group. Hitting the lowest level since August 2003 when it traded as low as 1.0357, on Thursday the euro hit a low of 1.0364 against the dollar. Due…
Validating Walt Disney Co’s strategy of spinning new stories and characters off of the sci-fi classic, ticket sales of “Rogue One: A Star Wars Story” through Friday put it on track to top the box office and post one of the biggest opening weekends of the year. Disney said in an e-mail that the feature,…
In a case related to the shape of the Kit Kat chocolate biscuit bar in an EU court which said it should be re-examined, Nestle has lost a tussle with rival Mondelez International over the validity of its EU trade mark for the shape. In 2007, the Kit Kat four fingers trade mark was asked…
Questions have been raised over profitability even as Nintendo premieres its new, highly-anticipated “Super Mario Run” mobile game. This is the first iPhone game released by the Japanese gamemaker. Technology news site Recode reported that within an hour of its premiere the app became the top downloaded iPhone app in the U.S. after its release globally for…
First you have to let banks read your mind if you want to work there. To measure brain activity and attention spans, Royal Bank of Scotland Group Plc has been attaching sensors to the heads of potential candidates at career fairs and on university campuses as part of its graduate hiring scheme. While being monitored, students…
After a survey conducted in the countries of France, Germany and Italy, and the U.K., a research agency claimed that almost half (48 percent) of online adverts do not reach the right people across these countries. Figures revealed on Thursday showed this fact. It is most likely that billions of online marketing dollars are being…
As Saudi Arabia seeks to bolster its economy and reputation, this Middle Eastern kingdom country has reportedly hired consultants to advise on plans to create top global companies in industries from petrochemicals to telecommunications, reported the media quoting people with knowledge of the matter. The media reports suggested that Saudi Arabia has asked advisers to draw…
According to a survey of the owners of small business in the United States, a giant leap for small businesses was denoted by President-elect Donald Trump’s victory in the U.S. elections. With all of the increase in sentiment coming after the U.S. elections held on Nov. 8, the sharpest surge since 2009 was noted in…
According to a new report, less than half that achieved by “Pokemon Go” in the first month, Nintendo’s upcoming “Super Mario Run” mobile game on Apple’s iOS is forecast to earn more than $71 million in worldwide gross revenue during the same period. 20 million iOS users are ready to download the game on day one, said SensorTower,…
OPEC’s production cut looks set to fall short of its stated goal of draining the stockpiles that are depressing prices even though OPEC is likely to bring the oil market into balance by the middle of next year. Bringing an end to more than three years when supply exceeded demand, the oil market will rebalance…
