Sunnyvale, California-based firm has announced it is closing its China office, cutting "around 350" jobs, as part of a worldwide consolidation aimed at cutting costs...
According to Federal Reserve Chairwoman Janet Yellen, a strong dollar is a reflection of the strength of the US economy, but it also damps the nation's exports and inflation...
"In my view, the Fed will not increase interest rates this year," Marc Faber, the editor of the Gloom, Boom & Doom Report editor said to CNBC pointing to dollar strength and recent disappointing economic data...
According to Xiaomi, those experience stores will not sell any products. Instead, they will become channels for Indian consumers to experience Xiaomi products. Xiaomi entered the Indian market in July 2014 and its products are mainly sold via the local e-commerce operator Flipkart.com...
The European Commission has unveiled its Tax Transparency Package as part of its agenda to tackle corporate tax avoidance and harmful tax competition in the EU...
Representatives of the IMF, the European Central Bank and the European Commission complained that Greek officials aren’t adhering to a bailout extension deal reached in February or cooperating with creditors, the people who asked not to be identified told Bloomberg...
The biggest European lowcoster Ryanair (RYAOF) is planning to launch cheap flights to Europe from up to 14 American cities by 2020. The airline is negotiating with manufacturers over a long-haul fleet. Aircraft will likely be provided by Boeing (BA) and Airbus (EADSF...
Apple Inc. plans to start accepting non-Apple devices as trade-ins, as the Silicon Valley tech giant attempts to extend market-share gains against smartphones based on Android software, Bloomberg has reported...
Christine Lagarde, the chief of the International Monetary Fund cautioned on Tuesday that emerging markets are likely to face a renewed period of economic instability when US interest rates rise later this year, She predicted a repeat of 2013’s damaging “taper tantrum” episode of capital flight a...
Eurozone's core inflation rate unexpectedly rose, but dangers still remain...
France, Germany and Italy have agreed to follow Britain’s lead and join the Asian Infrastructure Investment Bank (AIIB), ignoring Washington’s pressure to stay out of the institution...
Malaysia's authorities have announced plans to create a new airline, signed a $1.5bn agreement with Bombardier for 20 new aircraft. The new carrier would be called flymojo and be based out of Johor Bahru in the south and Kota Kinabalu in East Malaysia, according to BBC...
The Silicon Valley tech giant is working with programmers to offer a bundled service of about 25 channels anchored by broadcasters like ABC, CBS and Fox, on devices such as Apple TV, The Wall Street Journal reports...
Chinese Internet tourism service provider Tuniu.com will acquire majority stakes in two travel agencies. The two travel agencies are Hangzhou-headquartered Zhejiang Zhongshan International Travel Services and Tianjin-headquartered China Classical Holiday...
How to Keep the Foxes Out of Your Financial Hen House Bernd Struben, Managing Editor, Albert Park Investors Guild What do ANZ, NAB, Storm Financial, CBA, Macquarie Bank and Timbercorp all have in common? If you answered that they all have vowels in their names, you’re of course right...
It will be formally launched in April 2015. This flagship store will initially provide Chinese netizens with directly procured imported products, including shoes, food, wine, kitchenware, and toys...
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Despite jitters over the outcome of the general election due in May and the impact of the stronger pound on the recovery, UK companies are looking forward to a buoyant 2015, said Markit...
On Monday the Greek government has handed over the €580m due to the International Monetary Fund. That means Greece has cleared most of the money owed to the IMF in March, but still faces another €350m bill on Friday...
Below are listed the economic events due in the period from March 16 to March 20 which are likely to influence the market sentiment. Monday, March 16...
