Business
BskyB completes $11bn takeover of Sky Italia and Sky Deutschland
The owner of Sky News this morning completed a takeover deal costing nearly $11bn that makes the company a leader in five European pay-television markets.
Honda discloses fifth Takata air bag-linked fatality, widens recall
Honda Motor Co said on Thursday that a driver in Malaysia had died after a July accident involving an airbag supplied by Takata Corp and widened its recall...
Amazon wins right to sell .book and .buy domain names in $15m deal
Amazon has won the right to sell domain names ending in .book after beating off competition from eight other companies including Google.
Regulators fine global banks $3.4 billion in foreign currency probe
U.S., British and Swiss regulators have collectively fined five global banks more than $3 billion for attempted manipulation of foreign exchange markets.
Germany eyes sale of Deutsche Telekom and Post to stimulate economy
The German government is considering reducing its stakes in Deutsche Telekom and Deutsche Post , hoping to cash in on high share values at a time when...
China to invest $1.25 trillion abroad over next decade
Outbound investment from China will total $1.25 trillion over the next 10 years, says China’s president Xi Jinping.
Porsche’s $1m sports car going fast – they’ll be gone by December
German car maker Porsche expects to sell out of its most expensive model ever built next month, bolstering earnings as it grapples with rising capacity...
Hack attack: China suspected in massive U.S. Postal Service breach
The U.S. Postal Service on Monday announced it was the target of a recent cyber-attack likely launched by Chinese government hackers that compromised the...
Nissan recalls 52,000 vehicles for faulty air bags
Nissan announced Saturday that it is recalling more than 52,000 vehicles for passenger air bags that can explode with too much force and send shards of...
Home Depot says hackers stole 53 million customer email addresses
Home Depot Inc, the world’s largest home improvement chain, said Thursday that hackers stole about 53 million email addresses in addition to customer...
Luxembourg tax deals with global firms like Amazon under fire after leaks
Luxembourg was under fire Thursday after leaked documents revealed its huge tax avoidance deals with hundreds of top global firms, putting its former premier...
In effort to rival up-and-comers, Microsoft makes Office free on mobile
Microsoft Corp. on Thursday said users of its Office suite of applications on Apple Inc.’s iPad would be able to create and edit documents for free...
Microsoft makes Office free on mobile
Microsoft Corp. on Thursday said users of its Office suite of applications on Apple Inc.’s iPad would be able to create and edit documents for free...
From the ashes: New spaceship restores hope after Virgin Galactic crash
Virgin Galactic could resume test flights as early as next summer if the replacement craft it’s working on can be finished in time.
Street protests hit Hong Kong business in a painful place
The pro-democracy protests in Hong Kong over the past several weeks is hurting it in the most inconvenient of places — the wallet.
Profits dip, revenue soar in Alibaba’s first report since IPO
The Chinese e-commerce giant delivered some exceptional news in it’s first report to investors since its record-setting $25 billion listing in September:...
Hyundai-Kia to pay up to $350m for overstating fuel efficiency
Hyundai and Kia motor companies will pay as much as $350 million for overstating the fuel efficiency of their cars, as the Obama administration struck...
Russian city removes iPhone statue after Apple’s CEO comes out as gay
A two-meter statue of an iPhone on a university campus in St. Petersburg has been taken down in response to last week’s announcement by the CEO of...
World Trade Center reopens for business
Thirteen years after the 9/11 terrorist attack, the resurrected World Trade Center is again opening for business.
Ryanair vows to pick off the stragglers after 32 per cent rise in profits
Ryanair raised its annual profit forecast almost 20 per cent on Monday thanks to a surge in winter bookings and said it would cut fares by up to 10 per...
Mandarin compulsory as Portuguese town seeks foothold in China
Five hundred years after the Portuguese became the first Europeans to establish sea trade with China, a town in northern Portugal is counting on its youth...
Nokia shuts India plant, cutting 8,000 jobs
Finnish telecom giant Nokia has shut down its mobile manufacturing facility in Chennai, India, leaving thousands of people jobless.
No bite: Apple Pay fails to unify fragmented mobile payment market
Apple Pay, meant to inject momentum into a fragmented market for the emerging mobile payments sector, has instead highlighted the squabbles between retailers...
Sony reveals $1bn loss as its smartphone business continues to struggle
Sony today announced a whopping $1.0 billion six-month loss, underlining the Japanese electronics giant’s struggle to drag itself out of the red.
Coffee to go - straight to you - Starbucks plan to start mobile app deliveries
Starbucks plans to offer a delivery option on its mobile app in some parts of the U.S.
Japanese stock market soars as central bank stimulates growth
Japan’s Nikkei stock market climbed to a seven-year high on Friday after the country’s central bank surprised investors by expanding stimulus...
First lawsuit filed in Malaysia over MH370
A Malaysian family is suing the government and troubled national carrier for negligence in the mysterious disappearance of flight MH370, in what is believed...
'Proud to be gay': Apple CEO Cook publicly proclaims his homosexuality
Apple CEO Tim Cook publicly came out as gay today in an article he wrote in Bloomberg Businessweek.
Chinese giants Lenovo complete $2.9B takeover of Motorola
Motorola has been purchased by Lenovo - making it the world’s third biggest selling smartphone-maker.
'Proud to be gay': Apple CEO Tim Cook publicly proclaims his homosexuality
Apple CEO Tim Cook publicly came out as gay on Thursday in an article he wrote in Bloomberg Businessweek.
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