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Erdogan: Turkey to Become World-leading Tourist Destination

Erdogan: Turkey to Become World-leading Tourist Destination

Turkey will become the leading tourist destination, the country’s President Recep Tayyip Erdogan said, the Turkish newspaper Star reported. Over the 13-year rule of the Justice and Development Party (AKP), Turkey achieved great successes in the field of tourism, the president said. Erdogan said that Turkey will do everything possible to …

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Visa Opens its Global Network with Launch of Visa Developer

Visa Inc. has announced the launch of Visa Developer, a milestone that transforms the world’s largest retail payments network to an open platform that will drive innovation in payments and commerce just recently, on February 4, 2016 in San Francisco. For the first time in the company’s nearly 60 year …

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GoPro Earnings Plunge After New Camera Fails to Impress

GoPro Earnings Plunge After New Camera Fails to Impress

GoPro Inc. shares fell to their lowest ever after fourth-quarter earnings and a forecast for future revenue both were worse than analysts predicted. The stock tumbled 8.7 percent to $9.78 at the close in New York, its lowest price since going public in June 2014. The shares have lost 90 …

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Putin May Be Own Biggest Hurdle in Plan to Woo Foreign Investors

Putin May Be Own Biggest Hurdle in Plan to Woo Foreign Investors

President Vladimir Putin is considering selling stakes in some of Russia’s state jewels to foreign buyers to raise cash for an economy brought to its knees by the collapse in oil prices and sanctions related to Ukraine. Investors are dubious. On the surface, an opportunity to buy into such firms …

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Ex-Deutsche Bank Russia Equities Head Loses Dismissal Suit

Ex-Deutsche Bank Russia Equities Head Loses Dismissal Suit

The former head of equities at Deutsche Bank AG in Moscow lost a lawsuit over what he claimed was a wrongful dismissal linked to an investigation into possible money laundering at the German lender’s Russian unit. Tim Wiswell said through his lawyer that he would appeal Monday’s decision, handed down …

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Samsung Joins Apple in Warning of Gloomy 2016 for Technology

Samsung Joins Apple in Warning of Gloomy 2016 for Technology

Samsung Electronics Co. warned of slowing demand and economic turbulence after its quarterly earnings missed analysts’ estimates, joining Apple Inc. In foretelling a downbeat 2016 for the technology sector. The Korean conglomerate, whose quarterly profit fell short of expectations by almost 40 percent, said the deteriorating global economy was eroding demand for computers …

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DeMarcus Cousins has Revived a Position the NBA

The NBA All-Star reserves will be headlined forward Draymond Green and kings center DeMarcus Cousins. The Western Conference reserves include Anthony Davis (Pelicans), Chris Paul (Clippers), Klay Thompson (Warriors), James Harden (Rockets) and LaMarcus Aldridge (Spurs). The Eastern Conference reserves consist of Paul Millsap (Hawks), Chris Bosh (Heat), Jimmy Butler (Bulls), John Wall (Wizards), Isaiah Thomas (Celtics), Andre Drummond (Pistons) and DeMar DeRozan, who gives the …

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Qatar Airways is Planning to Launch the Longest Flight in the World

Qatar_Airways

Qatar Airways may be about to launch the longest flight in the world. Airline CEO Akbar Al Baker told Bloomberg last week that Qatar will add an ultra-long-haul route between the company’s hub in Doha, Qatar, and Auckland, New Zealand. Should Al Baker’s airline go ahead with the nonstop route, it …

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Lego Reveals New Disabled Figures After an Online Campaign

Lego Reveals New Disabled Figures After an Online Campaign

Lego has revealed its first young disabled mini-figure, after a campaign was launched last year. The #ToyLikeMe group had suggested the company was “pandering to disability stereotypes” because its only character to use a wheelchair was an elderly man. The new character is one of many being introduced. Other major toy …

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Facebook is Finally Bringing Live Streaming to Everyone

Facebook is Finally Bringing Live Streaming to Everyone

Facebook just flipped the switch on its live streaming feature in its iOS app. The social network is expanding its live streaming capabilities to all of its iOS users in the U.S. The company first began experimenting with live video last year but Thursday’s update marks the first time Facebook …

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Admiral Markets: A Tale of Three Banks

As we enter the finishing straight for January central banks take centre stage once more. Last Thursday Mario Draghi and the ECB set the ball rolling. Mr Draghi, no doubt chastened by the market’s reaction to his non-event in December, was more expansive, suggesting that the ECB would take the …

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