Alibaba Pictures Group, the film-making unit of the Chinese e-commerce giant, announced Friday that it lost 151.8 million Yuan ($24 million) in the first half of 2015.

Sep 01, 2015 04:38 AM EDT

10 F1 teams are under a total $300 million worth of debt, with Lotus accounting to 64.2% of the debts. Just last month, Lotus was ordered by the courts to pay almost £600,000 of debts. This was after it failed to pay 27 of its bills.

Sep 01, 2015 04:35 AM EDT

After the market downfall, many US stocks turn attractive as they're no more over prices equities. The lower PE ratios make it attractive for investors.

Sep 01, 2015 04:28 AM EDT

T-Mobile chief executive John Legere warns abusive users taking more than what’s allocated that the company will be going after them.

Sep 01, 2015 04:27 AM EDT

Gender bias is still present in workplaces all over the world. Here are suggestions from experts on how to eradicate this issue in the corporate world.

Sep 01, 2015 04:25 AM EDT

Minecraft creator Markus Persson feels isolated, alone, and unmotivated, after selling the game to Microsoft. He took to Twitter to express his emotions on Saturday in a series of freakout meltdown.

Sep 01, 2015 04:07 AM EDT

Disney will aggressively promote its Star Wars merchandise using YouTube’s “unboxing” platform and ABC to hype up fans for the upcoming movie.

Sep 01, 2015 04:04 AM EDT

Warren Buffett's acquisition of Precision CastParts Corporation had urged other investors to bet on commercial aircrafts. On the other hand, Boeing Company, the aviation giant is evidently delaying transactions of its suppliers' merging and acquisition deal.

Sep 01, 2015 03:33 AM EDT

The strengthening of Chinese currency Yuan on Monday raised many eyebrows. Market analysts believe that Chinese government support was extended to Yuan unofficially. traders observe that buying support from state-owned banks.

Sep 01, 2015 03:26 AM EDT

Copper price slipped below the key supprt levels of $3/lb and $2.4 and as long as China's economy reels under pressure, the metal is more likely to be under bearish phase. If US dollar becomes weaker then chances are more that copper price will pick up.

Sep 01, 2015 03:21 AM EDT

The newly launched e-commerce site, Jet, is competing Amazon, the largest e-commerce site in the U.S., acquiring $225M funding it raised just this month. Jet is currently worth $600M.

Sep 01, 2015 02:29 AM EDT

Consumers spent less on primary commodities due to inflation rate. With unemployment that is still present Japanese thinking twice how to spend their money wisely.

Aug 31, 2015 10:03 AM EDT

First NBC and State Investors extend their merger agreement to December 31 2015. The merger was unanimously approved by both the companies' boards of directors. The shareholders of State Investors approved the merger through a requisite vote.

Aug 31, 2015 10:02 AM EDT

The Pentagon gave $75 million to a consortium of giant tech and research company to create the next level wearable tech.

Aug 31, 2015 09:54 AM EDT

Line Corp is not yet going to IPO this year, according to reports. Its owner, South Korean web portal operator Naver Corp, is still observing the market volatility before deciding on when to put Line on IPO.

Aug 31, 2015 09:51 AM EDT