News

Yahoo cuts CEO Mayer's pay after mishandling of secuirty breaches

Yahoo CEO Mayer gives up annual equity, bonus over mishandling of secuirty breaches

Mayer claims responsibility and offered that her cash bonus and annual equity award, instead, that it be redistributed to Yahoo's hardworking employees.

Samsung chief faces trial after indictment on corruption charges

De facto chief of the South Korean electronics giant faces trial after indictment on multiple charges which include bribery and embezzlement.

Hershey aims to reduce global worforce by 15 percent

The Pennsylvania chocolatier's attempt to reduce its global workforce will help achieve profitability over the next two years.

Tesco plans to remove 1,700 managerial jobs

The deputy managers will be replaced by shift leaders as part of a program of transformation in order to improve the customers' shopping experience.

Qantas posts decline in net profits

The results indicate Qantas' strong performance in a mixed international market amidst its strategy and ongoing transformation while investing for customers.

Alibaba seeks tougher penalties for purveyors of counterfeit goods

E-commerce giant seeks tougher laws, stricter enforment and heavier penalties against retailers or vendors of counterfeit goods in China.

Saudi Arabia Adds Nearly 30,000 New Hotel Rooms For 2017

The Kingdom is set to open a roster of 68 hotels across major cities at a time of growth for its tourism, leisure and hospitality.

Warren Buffett's Optimism on American Businesses

Berkshire Hathaway's CEO is upbeat about the future of US businesses and stocks after his company reported a higher quarterly profit. Buffett urges investors to work with a collection of large and conservatively financed American businesses in the long term.

Investor observes stock market at a stock exchange hall

Asian shares rise ahead of Trump speech

Asian shares up, strengthened by gains on Wall Street as investors await President Donald Trump speech.

Tesla Nearly Exceeds 114-Year-Old Ford's Market Value

Electric automaker is set to release its mass market car this year.

Verizon and Yahoo Agrees on $350 Million Price Cut

Verizon Slashes Yahoo Deal Price By $350 Million

The telecommunications giant and internet pioneer signed an agreement to cut the deal by $350 million after Yahoo's image tumbled down with one hacking scandal after the other.

Delta Plans to Buy Half of Mexico's Biggest Airline

Delta Plans to Buy Nearly Half of Aeromexico, The Country's Biggest Airline

Following the launch of its historic partnership last year, Delta announces its plans to buy nearly half of Aeromexico, which is considered the oldest and biggest Mexican airline.

Swiss Watchmaker Tag Heuer Opens Flagship Store on Tmall.com

Tag Heuer launches flagship store on Tmall.com, China's largest third-party e-commerce platform for brands and retailers, in an attempt to target the internet-savvy younger generation.

Nordstrom’s Quarterly Earnings Beat Expectations

US upscale department store chain posts growth in fourth quarter earnings exceeding analysts' expectations.

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Latest Stories

Amazon to Launch Deliveroo, A Rival to Uber in Food Delivery

The meal delivery company has expanded beyond Britain to 13 other markets, including Australia, France, Hong Kong and Kuwait

'Brand Me' presentations increase students' confidence and enhance their employability

The University of Portsmouth is helping its students build a strong personal brand to increase their confidence and enhance their employability.

Finding the 'Goldilocks' level of enthusiasm for business pitches

When it comes to pitching business ideas to potential investors, an entrepreneur's excitement and enthusiasm can be the difference between dreams taking shape or ultimately falling flat.

Going viral: Investors pay more attention to social media stocks

What is a social media firm worth? Following how retail investors pay attention to company tickers is one piece of the puzzle. In a new study published in International Journal of Economics and Finance, a finance scholar from Michigan Technological University delves into the pricing behavior of social media firms. The study found that investors pay attention to social media stocks over other company stocks.

What happens if there is no deal for Brexit?

Currently, a driver of a UK-registered car is allowed to drive anywhere in the EU, the EEA (European Economic Area), Switzerland and Serbia, and not have to carry a green card that proves you have insurance cover.