Boeing 787 conducts first successful test flight of Dreamliner 787
American aircraft manufacturer Boeing, which manufactures the controversial Dreamliner 787, on March 25, 2013, took the aircraft to the sky for a test flight. The test flight was aimed to show that the flight’s new lithium-ion battery system meets the…
Chinese consumers spend more on home appliances
Chinese consumers have been getting increasingly rational of late and do not mind spending more on high-end products. The income growth in recent times has slowed down, but consumers are still willing to pay more for home appliances, especially the…
Coca Cola announces 750 job cuts in US
Beverage giant Coca-Cola, on March 21, 2013, said that it will cut about 750 jobs from the United States. The company has taken the step so as to streamline its business, three years after it made a big acquisition. The…
Kingfisher Airlines employees threaten to disrupt IPL matches
Employees of the ailing Kingfisher Airlines are frustrated about not getting their salaries on time. It has now been ten months that the employees have not got their salaries. Due to this, the people in question have demanded that the…
Sales of diesel decline for first time since May 2009
In some good news for diesel vehicle owners in India, domestic diesel sales had gone down by 2 percent in the month of February 2013. This was the first dip since May 2009 and the hike in prices, along with…
Tata looking forward to expansion in Africa
Indian business giants Tata Group is now looking forward to expand in Africa, through its various business ideas. The group is expecting its revenue from Africa to grow by about 30 percent every year, from the current level of USD…
Japan Airlines to resume Dreamliner operations after US approval
On March 13, 2013, Japanese Airlines has hoped for a rapid resumption of its Dreamliner operations. The decision was taken after US authorities approved test flights with the help of a prototype battery fix after a global safety scare. After…
LinkedIn likely to acquire Pulse news app
Social networking website LinkedIn is at present working on a deal to purchase a news reader mobile app known as Pulse. As per media reports, the website will be paying around $50 million for the digital publisher based in San…
Samsung claims first spot in front of Apple and Lenovo
South Korean company Samsung announced that it has tripled its smartphone sales in the year 2012. With the recent figures, the company has left behind others such as Lenovo and Apple, which are also considered to be important companies in…
Ford announces recall of 196,500 Mercury Monterey and Ford Freestar
Auto manufacturer Ford has announced a recall of approximately 196,500 Ford Freestar and Mercury Monterey minivans, which have been manufactured between 2004 and 2007. The vehicles have been recalled for a safety problem with the third row seats. These recalls…