Articles by Staff Writer

2521-2550 (out of 3726)

YouTube responds to advertisers clamor for more data transparency

YouTube is planning to give more option to advertisers when using their advertisement services including allowing third-party services.

Sep 11, 2015 2:07 AM EDT


Europe milk over-supply makes it cheaper than water

Europe is selling milk cheaper than water. Because of the food embargo imposed by Moscow and the decreased demand of China, dairy farmers are struggling forcing them to sell their precious produce lower than their production cost.

Sep 11, 2015 2:00 AM EDT


Offshore Yuan drops as China steps back from market intervention

Offshore Yuan was rising on intervention of Chinese government and dropping, when the central bank restricting its support. As a result, Chinese currency is fluctuating in domestic and Hong Kong markets. The market intervention has resulted in huge drop in the country's forex reserves.

Sep 11, 2015 1:56 AM EDT


China economy concerns: It's overdone, says Goldman Sachs

Goldman Sachs assures investors that the global markets need not worry over the China's economy slowdown, currency devaluation or drop in manufacturing industry output as it's overdone already. China is growing at seven percent and this is enough to create new jobs and support the transition of economy from infrastructure-based to consumer spending based economy.

Sep 10, 2015 11:42 PM EDT


Corruption scandal rocks crisis-hit Brazil while government gears up for tax hike

At a time when the corruption scandal is shaking the Brazil, the government is thinking of raising tax rates. On the other hand, Brazil's economy is projected to shrink by two percent for 2015. The budget deficit is alarmingly widening.

Sep 10, 2015 11:35 PM EDT


MMI Holdings profit slips 10%

South African insurance company MMI Holdings' profit fell 9.8% for the year ending June. Market volatility, inflation rise and economic slowdown impacted the insurer's performance. As part of its diversification plan, MMI Holdings is expanding overseas and developing new products.

Sep 10, 2015 11:19 PM EDT


China Panda TV is Amazon Twitch.tv's nemesis

Amazon Twitch.tv will meet its difficult rival, Panda TV and will just be surprised. It will be facilitated by Wang Sicong, chairman of Prometheus Capital and son of Wang Jianlin, the wealthiest man in China and the chairman of Dalian Wanda Group.

Sep 10, 2015 9:46 AM EDT


HTC is being removed from a major index on Taiwan’s stock exchange on September 21

HTC is being removed from Taiwan Stock Exchange FTSE TWSE Taiwan 50 index days after the company reported its lowest revenue in 8 years.

Sep 10, 2015 9:31 AM EDT


Kirin to purchase more stakes in Southeast Asian companies as it sees economic potential

Kirin, the leading Japanese brewery brand is seeking more stake purchase of Southeast Asian companies as the economic growth in the area continues to rise.

Sep 10, 2015 9:08 AM EDT


TD Bank Group CEO to Exercise Options and Donate Acquired Shares to Charity

TD Bank Group CEO Tim Hockey will exercises 28,812 options and plans to donate the portion of his shares to charity.

Sep 10, 2015 8:55 AM EDT


Automotive Lean Manufacturing Techniques Revamp Wisconsin Maker of U.S. Navy Warships

With the use of lean manufacturing techniques from the automotive industry, a $100 million worth of investments, and a more engaged workforce, the Wisconsin shipyard where U.S. Navy's coastal warships are built was revamped.

Sep 10, 2015 8:44 AM EDT


Bourbon SA Pulls Out 35 Vessels Due to Overcapacity, Widening Losses

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 8:42 AM EDT


Japanese stocks at a seven-year-high, 7.7% higher

Japanese stock market soared to a seven-year-high after Chinese economy stabilized. Japanese stocks went off the roof Wednesday as the country's Nikkei Index closed at 7.

Sep 10, 2015 8:40 AM EDT


BMW invests millions in a startup that parks your car

BMW invests an undisclosed amount in a startup offering valet service apps, ZIRX. BMW, the German automaker is investing millions in a new parking startup based in San Francisco.

Sep 10, 2015 8:34 AM EDT


The Investment Association Launches Major Crackdown on Executive Pay

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 8:29 AM EDT


Financial Advisers Raised Fees for Getting Pension Help after Freedom Reforms

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

Sep 10, 2015 8:25 AM EDT


Netflix Stocks Continues to Decline

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

Sep 10, 2015 8:10 AM EDT


Oil prices finally move up into positive territory

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 8:09 AM EDT


China Changes How to Report GDP to Meet IMF's Standards

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 8:02 AM EDT


Excellus BlueCross BlueShield health insurance has been hacked; 10 million members affected

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 7:53 AM EDT


Hong Kong tycoon to launch Vuclip in South Africa; Will compete against Netflix and ShowMax

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 7:46 AM EDT


Boeing loses four freighter orders as cargo market weakens

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 7:35 AM EDT


Sunac' ratings unchanged: Moody's

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 7:25 AM EDT


Fiat Chrysler Jeep Renegades recalled due to software glitch

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 7:15 AM EDT


Better earnings for Apple-associated EMIS Group

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 7:09 AM EDT


Versa Cars Recalled by Nissan

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 7:05 AM EDT


Investors withdraw from US Oil Fund amid rising volatility

The high volatility in the global oil market has led to huge offloading in 'The US Oil Fund.' 19.3 mn shares were sold off making it a record weekly redemption since the ETF inception in 2006. global economy slowdown particularly adverse conditions in China market are adding to the volatility in oil price.

Sep 10, 2015 7:01 AM EDT


Uber Customer Approach Varies Widely in NYC, DC and Seattle

Uber’s approach in dealing with customers differs widely in each region. New York is all about the busy people, Seattle is all about being utilitarian, and Washington D.C. is all about the staff of the politicians and government officials.

Sep 10, 2015 6:45 AM EDT


Toshiba Posts 37.8 Million Yen Net Loss Amid Accounting Turmoil

After being delayed twice, Toshiba finally submit its books reporting posted a net loss of 37.8 billion yen ($318) for the last 12 months to March 31 amid its recent accounting scandal.

Sep 10, 2015 6:38 AM EDT


Uber Plans Expansion to 100 Cities in China and Take on Biggest Chinese Rival

Uber plans to expand to 100 more cities in China when it raised $1.2 billion to contest China’s number one taxi-hailing company Didi Kuaidi.

Sep 10, 2015 6:35 AM EDT


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