This launch will put Huawei in direct cloud service competition with Alibaba's Aliyun service. Microsoft and Amazon already launched their public cloud services in China, but those services will ultimately not be able to compete on a large scale because of their foreign investment structures...
My first official business logo for my online posting and my website _SoHarD_dB_w@®Ez_ of course...
Following several years' operation in the Japanese market, Chinese search engine company Baidu announced a decision to close its Japanese search engine service Baidu.jp. A spokesperson from Baidu confirmed that the Japanese search engine has been shut down...
According to TSMC, the company achieved operating revenue of NTD222.03 billion, which was about CNY42.25 billion, during the first quarter of 2015, representing a year-on-year increase of 49.8% and a slight decrease of 0.2% compared with the previous quarter...
Greece and its partners haven’t discussed having the country miss a payment to the International Monetary Fund or default, Bloomberg reported referring to a senior Greek government official as saying...
Japan-based Rakuten has taken a minority stake in Fanli.com, one of China's online rebate and rebate-based flash sale companies. The C-series round values the Chinese online shopping company at approximately USD1 billion. As part of this investment, Kevin H...
The European Commission (EC) has charged Russian state-owned energy giant Gazprom with abusing its dominant market position in Central and Eastern European gas markets. The decision comes two years after investigations were started by Brussels...
Nikkei topping 20,000 points, Tesco's monstrous plunge and flash crash arrest - below you can find the most important events market can't help discussing today...
A trader who played the world’s futures markets from a small suburban house in Hounslow, West London, has been arrested and faces extradition to the US after allegedly making $40m (£27m) for his possible role in the so-called “flash crash” of 2010...
Twelve European Union members registered a higher public deficit in 2014 than they would normally be allowed under the Maastricht criteria. Surprisingly, Greece does not belong to the worst performers...
According to the agreement, 58.com will acquire an approximately 43.2% fully diluted equity stake in Ganji.com for a combination of share consideration and cash, including approximately 34 million newly issued ordinary shares and USD412.2 million in cash...
Greece’s energy minister Panagiotis Lafazanis is starting talks with Gazprom’s CEO Alexey Miller in Athens, the Guardian reports. A possible gas pipeline deal that could bring cheaper energy to Greece is on the agenda...
Credit Suisse has registered higher net profit for the first quarter, giving a possibility to its current CEO to leave with a positive result to his credit. The lender managed to restrain the negative effects of the strong local currency...
Consumer complaints during the first quarter of 2015 for Internet shopping increased by 174.4% year-on-year to 24,100 cases, according to statistics published by State Administration for Industry and Commerce of China...
While the U.S. economy had a disappointing start to the year, to date there is no sign of a strong recovery...
Greece talks did not go well until last week. That changed when the show of international financial diplomacy moved to Washington for the spring meetings of the International Monetary Fund and the World Bank, when it became worse...
"After the announcement on Friday, stock futures were looking horrible so something needed doing to put a floor under that from a short-term point of view. But everybody's going to take a look at this and say 'hold on, why are they (PBoC) overreacting so strongly...
Below are listed the most important events from the world of economy which are likely to influence market sentiment in the period from April 21 to April 24...
Why do some policies make the wealthy even wealthier while pushing the middle class on the verge of a precipice? Stacy Herbert and Max Keiser discuss the tendency...
