02/24/2025 10:53:13 pm
02/24/2025 10:53:13 pm
Aishwarya Bhatt | May 20, 2015 12:04 PM EDT
Beijing - Hewlett-Packard Co (HP) has agreed to dispose a controlling 51% stake in its network business based in China. China's Tsinghua Unigroup's parent company spokesperson confirmed the deal on Tuesday. The sale is estimated to be worth over 1billion pounds ($2 billion). read more
Camille Harthy | May 20, 2015 06:19 PM EDT
Chinese officials quickly shut down reports that China and Thailand have inked a US$28 billion deal to build a canal that would connect the South China Sea to southern Thailand. read more
Gemmie Caranay | May 20, 2015 06:47 PM EDT
Wal-Mart targets to compete with Amazon in the online marketplace. read more
Jotham D. Funclara | May 20, 2015 12:31 AM EDT
Tuesday, May 20, turned into an iconic day for the labor force in the City of Angels, as the Los Angeles City Council gave its initial approval to the raise in minimum wage from $9 an hour to $15 an hour. read more
Eana Maniebo | May 19, 2015 01:39 PM EDT
Strong coal and copper production characterized global metal and mineral supplier Rio Tinto's first quarter performance for 2015, even though its titanium and iron ore output were weaker than expected. read more
Gemmie P. Caranay | May 19, 2015 12:36 PM EDT
United Kingdom is withdrawing its membership to Europpean Union, but most banks and other businesses are alarmed that it will affect the country's economy. read more
Kwao Peppeh | May 19, 2015 09:16 AM EDT
General Motors has unveiled the highly anticipated 2016 Camaro at the Belle Isle Detroit, Mich, this past weekend. The sleek muscle car is the sixth generation Chevrolet Camaro. read more
Camille Harthy | May 19, 2015 09:47 AM EDT
When two of the richest men in China invest in something, you know it's going to be big and it's going to gain attention. read more
Gemmie Caranay | May 19, 2015 10:51 AM EDT
Rolls Royce is cutting down 10 percent of their 6000 workers in the maritime unit. read more
Aishwarya Bhatt | May 19, 2015 09:05 AM EDT
Xiaomi, a 5-year-old upstart, whose tablets and Smartphones have enjoyed remarkable sales in China, is now setting shop in Europe and US. However, Smartphones and tablets will not feature in the company's European and US markets. read more
Bianca Ortega | May 19, 2015 08:32 AM EDT
China has given the green light for infrastructure projects worth almost CNY250 billion (HK$317 billion) as part of its bid to boost its economic growth despite the slowdown it is experiencing, according to a top economic planner. read more
Gemmie Caranay | May 19, 2015 12:25 PM EDT
Carl Icahn, one of Apple's shareholders, an activitist, said that the company's stock was undervalued. read more
Bianca Ortega | May 19, 2015 04:13 AM EDT
After just a month, China has overtaken Japan to become the biggest holder of U.S. debt after significantly increasing its U.S. Treasuries holdings. read more
Camille Harthy | May 19, 2015 01:54 AM EDT
A Chinese investment bank has launched a takeover bid for China’s biggest game developer and publisher, which also owns the intellectual property rights to gaming classics like Dragon Ball and Naruto. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more
