After Vietnam, Philippines, a close US ally, has described China’s efforts as acts against its sovereignty. All the three neighboring countries contend for the ownership of the probably oil/ gas enriched Spratly Islands. Not only the hidden mineral resources but also the geographic location of the islands, has led the neighboring countries to dominate one of the busiest naval routes.

Jan 04, 2016 10:23 PM EST

The Shanshui Cement Group is now under new managment due to a shareholder decision to remove its own board members and replace them with officers from its main rival, Tianrui Group.

Dec 07, 2015 05:43 AM EST

The Apple Store is selling products that are helping consumers improve or automate certain tasks like drinking water or sous-vide cooking.

Dec 02, 2015 09:29 AM EST

McDonald's CEO Steve Easterbrook believes his turnaround plan is working as company shares reached a record high.

Oct 26, 2015 11:29 PM EDT