In Asia on Monday, prices of oil decreased, going beneath $93 per barrel, as investors pondered whether or not a stalling growth in the world economy warranted an increase in price of crude in the prevailing month. At the New York Mercantile Exchange, in Singapore, during electronic trading, December delivery’s benchmark crude decreased by 79 [...]

According to recent reports, it was revealed that Panasonic Corporation has predicted an annual loss of approximately 420 billion yen. Reports state that this is the biggest loss the electronic giant has ever forecasted since its operation began. Furthermore, the loss was a result of insanely high restructuring costs and an increase in the yen. [...]

On Monday, world stocks shed off some of the gains they gained because of concerned authorities, who have worries about the ability of Italy to assume control over its huge pile of debt. The Yen also decreased because of another intervention by the monetary authorities of Japan to depreciate the currency. In the previous week, [...]

According to recent reports, it was revealed that well known bank, Barclays, reported its quarterly profit to increase by 5 percent due to higher gains in retail banking and credit cards. On the other hand, its investment bank suffered a steady decline in quarterly earnings. On Monday, the bank said that due to the Euro [...]

Those of you who are interested in professional cameras and photography, this news will be of your interest. It has appeared that the pictures of Panasonic’s latest Lumix GX1 were released, which comes attached with an X-series lens. The camera comes straight from Taiwan, the DMC-GX1 and has the potential of becoming the camera of [...]