Chinese economy slowdown is adversely impacting Japanese construction and equipment manufacturers. Kobe Steel has reduced profit forecast for its unit Kobelco Construction Machinery by 58 percent. The drop in sales is likely to continue in 2016 year also.

Sep 28, 2015 10:45 PM EDT

Qatar Investment Authority (QIA) has earmarked $35-billion investment for the US market. As part of its global strategy on investments, Qatar is looking to investment opportunities in several sectors in the US economy. Qatar says it planned investment for next five years and this will create jobs for Americans.

Sep 28, 2015 10:35 PM EDT

J-TEC and Acme Industries are among Caterpillar's biggest parts supplier that have been following Caterpillar footstep and reducing their workforce. Ever since Caterpillar sales went down, the company has pushed back some of its future parts orders causing a lost for these suppliers.

Sep 28, 2015 09:41 PM EDT

The ever increasing surplus in oil production is boosting more demand for storage facility. The Contango opportunity is driving traders to store more oil on shore storage capacities. Many global oil companies and traders as well are booking tankers for next one year.

Sep 28, 2015 09:25 PM EDT

The list of Petrobas’ problems just grew larger as The Bill and Melinda Gates Foundation recently joined the plaintiffs who are suing the company over its treachery and corruption.

Sep 28, 2015 08:59 PM EDT

Mark Zuckerberg says connecting the world to the internet will alleviate poverty.

Sep 28, 2015 08:41 PM EDT

The 413 billion euros could be the reason why there is a strong tie between Berlin and the German automobile industry.

Sep 28, 2015 07:05 PM EDT

Vocus Communications agreed to buy the M2 Group for A$1.93B. The merging will make them the fourth largest telecom company in Australia and third in New Zealand.

Sep 28, 2015 09:41 AM EDT

BlackBerry just launched Priv, it’s very first Android phone that has specs that come close to the latest series of iPhones.

Sep 28, 2015 09:16 AM EDT

Everything that consumes electricity costs money. Exactly how much it is has recently been filed into one report.

Sep 28, 2015 08:57 AM EDT

Peole around the world is ignoring the harmful effects of climate change may bring. And now that we are experiencing its wrath, countries and companies pledged to use renewable energy to fight climate change hoping it's not too late.

Sep 28, 2015 08:41 AM EDT

Russian economy is poised for a marginal recovery, predicts Bank of America. The corporate firms posted 43 percent growth in profits for the first half of 2015. The rise in proficts will translate into capital investments in the near future, say economists.

Sep 28, 2015 05:16 AM EDT

Despite China's market slowdown, still investors take the risks to open business such as H&M. The clothing company will spread its brand awareness among Chinese consumers with hopes that it will be successful.

Sep 28, 2015 04:39 AM EDT

Reacting first time on the emission results rigging scandal after assuming the new position, Matthias Müller, the new CEO of trouble-hit Volkswagen, has assured investors and customers that such misconduct will never happen again.

Sep 28, 2015 04:35 AM EDT

Coca-Cola Co. is planing to sell its nine US-based production facilities as part of the plan that could cut the costs and modernized operations.

Sep 28, 2015 04:33 AM EDT