Business

US Approves First GMO Potato for Healthier Fries & Chips

Janelle Dela Cruz   | Nov 08, 2014 02:11 AM EST

The U.S. Department of Agriculture on Friday approved the first genetically modified potato for commercial planting. The potato was developed by Idaho-based J.R. Simplot Co. read more

Upgrade to Xbox One for Just $200 or less With Best Buy Trade-in Deals

Cory Doyle   | Nov 07, 2014 06:20 PM EST

Best Buy is currently offering the opportunity for consumers to purchase an Xbox One for just $200 with last-gen console trade-in deals. read more

Twitter to Expand International Advertising With New Hong Kong Office

Cory Doyle   | Nov 07, 2014 05:08 PM EST

Twitter has announced its plans to open a Hong Kong-based office in an effort to sell advertising to companies in China, Hong Kong and Taiwan, according to a report by TechCrunch. read more

Worldwide Law Enforcement Authorities Take Down Dark Web Cyber Marketplaces

Dan Weisman   | Nov 07, 2014 05:04 PM EST

Police in 17 nations around the globe Friday shut down 17, or more, so-called dark web marketplaces specializing in sales of illegal goods. read more

Mexico Cancels Multibillion Dollar High-Speed Rail Deal with China

Michael A. Katz   | Nov 07, 2014 11:49 AM EST

The Mexican government has revoked the high-speed rail contract it awarded to a Chinese-led consortium earlier this week over "doubts and concerns that have been raised by public opinion." read more

Mercedes Benz Posts Strong Sales Growth in October, Boosted by China Demand

Andy Vitalicio   | Nov 07, 2014 09:58 AM EST

German car maker Daimler AG said vehicle sales of its Mercedes and Smart brands rose 8 percent to 146,112 in October, boosted by a strong demand for the cars in China. read more

Investors Eye AVG Technologies as Acquisition Target

David Curry   | Nov 07, 2014 09:15 AM EST

Anti-virus maker AVG has been approached by a host of new buyers, looking to acquire the security service. read more

Beef Deal: Australia, China Close to Finalizing $1B Agreement for Export of 1M Cattle

Vittorio Hernandez   | Nov 07, 2014 03:42 AM EST

Australia and China are about to ink a $1 billion deal that would result in the export of 1 million cattle to the Asian giant. Australian Agriculture Minister Barnaby Joyce said the agreement would likely increase the price of cattle and boost income of local farmers. read more

Home Depot Warns Customers vs Phishing after Hackers Steal 53M Email Addresses

Vittorio Hernandez   | Nov 07, 2014 03:38 AM EST

Besides recently losing 56 million credit/debit cards to thieves, Home Depot's website was also hacked in which 53 million email addresses of customers from its payment data systems were stolen. This latest incident makes it the largest retail credit card breach on record. read more

'Frozen' Helps Disney's Fourth Quarter Profit Rise

Kat De Guzman   | Nov 07, 2014 01:59 AM EST

'Frozen' is not just a hit in the theatres as it has also benefitted Walt Disney Co. as reflected in the company's fourth quarter profit. read more

Infiniti Rolls First Q50's Off the Product Line in China

Michael A. Katz   | Nov 06, 2014 04:59 PM EST

Luxury carmaker Infiniti began producing cars in China for the first time today, as it rolled out its localized Q50L model aimed specifically at Chinese consumers. read more

PlayStation 4, Xbox One Early Black Friday Deals

Cory Doyle   | Nov 06, 2014 05:03 PM EST

Retailers have already released some early Black Friday deals on the Xbox One and PlayStation 4 new-gem consoles. read more

China to Cut Red Tape for Business, Invesment Projects

Michael A. Katz   | Nov 06, 2014 03:47 PM EST

The Chinese government said it will cut the red tape involved in the approval process of business and investment projects. read more

Apple University's Expansion to China Could Boost Asian Tech Industry

Cory Doyle   | Nov 05, 2014 07:39 PM EST

Apple is planning on expanding its current Apple University program to China, which could be a boost for the entire Asian tech industry. read more

UBS Says China's Economy Will Slow Down Over Next Two Years

Michael A. Katz   | Nov 05, 2014 09:32 AM EST

The investment bank forecasts that the China's GDP growth will decelerate to 6.8 percent in 2015 and 6.5 percent in 2016. read more

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