Giant French ships supplier Bourbon SA pulls out 35 vessels from operation due to overcapacity in the market, which results to more losses.

Sep 10, 2015 08:42 AM EDT

Japanese stock market soared to a seven-year-high after Chinese economy stabilized.

Sep 10, 2015 08:40 AM EDT

BMW invests an undisclosed amount in a startup offering valet service apps, ZIRX.

Sep 10, 2015 08:34 AM EDT

Being one of UK’s most powerful shareholder groups, The Investment Association, has commissioned the Executive Remuneration Working Group to launch a major crackdown on soaring executive pay.

Sep 10, 2015 08:29 AM EDT

Financial advisers increased their basic pension services fees by 16 to 17 percent after freedom reforms.

Sep 10, 2015 08:25 AM EDT

Netflix stocks continues to decline after its rivals Hulu announced ads free streaming and Amazon will offer offline download feature.

Sep 10, 2015 08:10 AM EDT

Oil prices finally moved up to positive territory Wednesday with small gains in Asian market due to stronger sentiments from some of the major financial markets in the region.

Sep 10, 2015 08:09 AM EDT

In an effort to improve current economic situation, Chinese authority is adopting IMF standard to report their GDP to make sure any changes in the economic will be reflected in the data. The move is also part of China effort to obtain a reserve currency status for Yuan.

Sep 10, 2015 08:02 AM EDT

Excellus BlueCross BlueShield health insurance confirmed on Wednesday that their IT systems has been hacked. The attack dates back to 2013. Around 10 million personal information are sneaked from their databases.

Sep 10, 2015 07:53 AM EDT

Richard Li, the Hong Kong billionaire, will compete against Netflix and ShowMax in South Africa. His company, PCCW Media purchased Vuclip last March making the VOD service available in South Africa next week.

Sep 10, 2015 07:46 AM EDT

Boeing has lost orders for four 747-8 freighters as the air cargo market weakens amid an economic slowdown. The loss brings to zero the net orders for the iconic jet this year. Despite that, the planemaker says production goes on as planned.

Sep 10, 2015 07:35 AM EDT

After the strategic partnership with Yurun, there wouldn't be immediate change in Sunac China Holding's ratings, according to rating agency Moody's. Investors of Sunac reacted negatively pushing share price down, while shares of Yurun posted encouraging rise. Sunac's CEO Sun Hongbin stepped down, but will remain as Chairman of the group.

Sep 10, 2015 07:25 AM EDT

Thousands of Jeep Renegades had been recalled by Fiat Chrysler due to the possible attacks on drivers which can be done remotely. This imposes great danger to the driver's safety, not only meeting an accident but also forcibly getting his car by unsuspecting attackers.

Sep 10, 2015 07:15 AM EDT

Since EMIS Group partnered it Apple, its revenues became higher. Patients are better served and could monitor their every health aspects on their own.

Sep 10, 2015 07:09 AM EDT

Nissan announced the recall of its Nissan Versa Sedans and Versa Notes due to complaints from its car owners. Federal Regulator demanded the motor company to do something good with the said cars or be liable for fines.

Sep 10, 2015 07:05 AM EDT