The oil-rich Kingdom of Saudi Arabia would have to tighten its belt further as prices of oil in the international market continues to decline.
News of European telecommunications giant Altice buying Cablevision Systems Corp. for $17.8 billion, including debt, cause the share price of the New York company to go up by 16 percent on Wednesday.
Although many of his friends and co-workers at Apple knew that CEO Tim Cook is gay, he only officially came out almost a year ago in October 2014 at 53.
The Chinese government has unveiled guidelines aiming to deepen reforms in the state-owned enterprises sector. This sector is regarded as one of the key drivers of China's economic growth.
About 25,000 to 30,000 Hewlett Packard employees are bound to lose their jobs as the tech giant announced on Tuesday a planned spinoff resulting in axing of positions under its enterprise division.
The closure of the watch brand TAG Heuer’s outlet in Causeway Bay in August this year is a sign of luxury brands’ withdrawal from Hong Kong and the end of the city’s status as a center for Asian luxury goods, reports the Southern Metropolis Daily.
Pure genius is how a new report described Apple’s (AAPL) new device Upgrade Program that essentially will make the iPhone 6S and 6S Plus available for as low as $1 per day on release date. And the tech giant will surely haul in loads of cash as a result.
Russian internet watchdogs have accused Google of forcing smartphone vendors to install its own apps as well as Google Play illegally on Android phones.
Chinese investors have been attracted to mutual funds in offshore markets due to the falling value of the renminbi (RMB), the Economic Observer reported.
The construction of high-speed railways and subway lines is expected to bolster China's urban development and the development of city clusters, as well as lay the foundation for a second economic development in the country, the China Business News reported.
Dairy giant FrieslandCampina, maker of the popular Friso baby formula line based in the Netherlands, is set to introduce a new infant formula late this year to cater to China’s ultra-high-end consumers, according to Chief Executive Roelof Joosten on Saturday, Sept. 12.
Apple Inc. announced on September 14, Monday that worldwide pre-order figures for its iPhone 6s and iPhone 6s Plus smartphones were on pace to pass last year's record of 10 million mobile devices sold during the first weekend. An Apple spokeswoman revealed that online demand was higher than the company's forecasts, and that the new models would be on sale at the company's retail stores next week.
Global commercial aircraft maker Boeing Co. is planning to move the final production work for some 737 jetliners to a new facility in China, timing its announcement to coincide with the first U.S. state visit of President Xi Jinping later this month.
New York University Professor Scott Galloway is on the receiving end of women's group wrath over his statement in a weekend TV interview with Bloomberg that Yahoo CEO Marissa Mayer is keeping her job only because she is pregnant with twins.
Yahoo CEO Marissa Mayer has her ongoing pregnancy of twins to thank for, otherwise she should be unemployed within six months given her poor performance, says New York University marketing professor Scott Galloway.
