Raymond Legaspi | Feb 20, 2015 10:04 PM EST
Airbag manufacturer Takata has to pay the U.S. $14,000 per day for dragging its feet in cooperating with a government probe into the firm's defective airbags, U.S. Transportation Secretary Anthony Foxx said on Friday. read more
Arlene Lim | Feb 20, 2015 10:08 AM EST
Air China is set to increase its number of daily non-stop flights between Beijing to Los Angeles. read more
Geann Pineda | Feb 19, 2015 09:02 PM EST
China is planning to merge its biggest state-owned oil companies in a bid to become globally competitive amid sliding crude oil prices. read more
Arlene Lim | Feb 22, 2015 09:44 PM EST
Russia and Hungary have agreed to extend the gas supply contract between the 2 countries. Hungary also says Russia's big role in EU's economy cannot be brushed aside. read more
David Curry | Feb 19, 2015 11:24 AM EST
Samsung has acquired mobile payment platform LoopPay. read more
Geann Pineda | Feb 19, 2015 10:29 AM EST
The state of New York has sued United Parcel Service (UPS) for illegally shipping 700,000 untaxed cartons of cigarettes into New York between 2010 and 2014. read more
Marcel Woo | Feb 19, 2015 10:07 AM EST
American retail giant Walmart said it will increase minimum wage to US$9 per hour in stores around the US starting April, with the aim of raising the minimum wage to at least US$10 an hour by 2016. read more
Marcel Woo | Feb 19, 2015 04:58 AM EST
As part of its plan to invest in 5G technology, Chinese telecommunications giant ZTE announced that it will hire about 800 new engineers in China, Europe and the United States. read more
Geann Pineda | Feb 18, 2015 11:07 PM EST
An explosion rocked a gasoline processing unit of Exxon Mobil in Torrance, California on Wednesday, leaving four workers injured and damaging nearby buildings. read more
Dino Lirios | Feb 18, 2015 10:10 PM EST
Chinese New Year will be a great and happy one for 12 lucky individuals who have just stepped into the billionaire threshold, thanks to China's new initial public offerings (IPO). read more
Geann Pineda | Feb 18, 2015 07:57 AM EST
Rolls-Royce confirms it is building a car that can cross any terrain but offers the luxury of a Rolls Royce - a historic move in its 111-year journey. read more
Marcel Woo | Feb 18, 2015 05:40 AM EST
Chinese investors continue on a shopping spree abroad, as the local economy continues to experience a slowdown, with an investment group paying US$30 million to own a tropical island resort in Australia. read more
Marcel Woo | Feb 18, 2015 05:07 AM EST
Some of the biggest US-based hedge fund managers have unloaded their Alibaba shares by the end of last year, anticipating a lower-than-expected fourth quarter revenue figure from China's e-commerce giant, sources said. read more
Dino Lirios | Feb 17, 2015 08:07 AM EST
Ford Motors Co has expressed interest to use WeChat in its cars in China, the world's biggest automotive market, in order to entice car buyers that look at not only the engine size but also the added features of car. read more
Dino Lirios | Feb 17, 2015 07:16 AM EST
Japan's economy has recently recoiled, growing 2.2% in the fourth quarter of 2014 but at a slower pace than the expected 3.7% expansion according to a Reuters poll due to dismal household and corporate spending. 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