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Samsung takes over Israel-based Boxee

South Korean electronics giant Samsung has announced that it bought Boxee, an Israeli firm which makes media streaming devices. The company said that it has acquired key talent and assets from the Israel-based company. Samsung said, “This will help us…

Business

Southwest Airlines offers free in-flight TV for passengers

US-based Southwest Airlines has introduced a brand new service in its Wi-Fi enabled planes. From now on, the company will allow its passengers to watch TV for free on their personal devices while they fly on the carrier’s planes. The…

Business

Pay proposals of Royal Mail rejected

A pay rise of 8.6 percent over three years for 125,000 employees of Royal Mail has been rejected by the postal unions. The proposal from the organization was rejected by the Communication Workers Union (CWU) for several reasons. One of…

Business

Manufacturing growth in China deteriorating

The country of China has reported a slowdown in the growth of its manufacturing sector. The recent situation is raising some concerns that the economic recovery continues to be very fragile. Reports state that the official Purchasing Manager’s Index –…

Zapp mobile payments to be launched by Vocalink

More shoppers are now able to make payments with the help of their mobile phones, as Direct Debit scheme has unveiled an initiative to link banks and retailers. Vocalink runs the payment infrastructure in the UK. On June 24, 2013,…

Delta Virgin Atlantic to start passenger-sharing in July 2013

US-based Delta Airlines recently said that it has finalized its deal with Richard Branson’s Virgin Atlantic Airways. The president of Delta Airlines, Ed Bastian announced the deal to the reporters at a press conference on Monday, June 24, 2013. Bastian…

Railway delays and high prices leave passengers unsatisfied

Railway services in London are lacking customer satisfaction as there are constant complaints about delayed journeys and poor ticket value. The passenger satisfaction is dipping every day, as the value for money and how companies are dealing with the delays…

Starbucks to add calorie information

American beverage company Starbucks said that it will be displaying calorie information for its coffees and snacks at all US locations. The company will begin displaying the calories later in June 2013. On June 18, 2013, the company stated that…

Boeing aircrafts’ demand increases at Paris Air Show

US-based aircraft manufacturer Boeing met with a huge demand for its fleet, as the airlines were lining up to place or confirm their orders on the first day of Paris Air Show on June 17, 2013. The value of the…

Airbus conducts successful A350 maiden flight

On June 14, 2013, aircraft manufacturer Airbus declared the maiden flight of its new passenger jet to be successful. With the latest announcement, the company decided to take over the leadership from Boeing, in terms of long-haul aircraft market. The…