12/24/2024 07:32:14 am
12/24/2024 07:32:14 am
Rina S. | Apr 30, 2016 10:00 AM EDT
Yahoo's CEO Marissa Mayer was paid $36 million in 2015, down 15 percent from her $42 million paycheck in 2014. The cut is due to less option awards after the company's stock price fell by 15 percent. read more
Marcel Woo | Apr 30, 2016 08:18 AM EDT
As China steps up its efforts to ensure the quality of cars sold in the world's largest car market, Nissan Motors and its Chinese joint-venture partner Dongfeng Automobile announced plans to recall nearly 58,000 vehicles in the country. read more
Rina S. | Apr 30, 2016 10:59 AM EDT
Amazon crushed analysts' expectations with its strong first quarter results published on Thursday. Its Q1 net income was at $513 million, the company's fourth consecutive profitable quarter. read more
Charissa Echavez | Apr 29, 2016 05:49 PM EDT
Property developer Evergrande Real Estate has agreed to buy an additional 10 billion yuan ($1.5 billion) worth of stakes in Shengjing Bank, the firm said during a filing at the Hong Kong Stock Exchange on Thursday. read more
Maria Crisanta Echeverria | May 01, 2016 07:22 PM EDT
The People's Bank of China (PBoC) raised the exchange rate of the Yuan currency against the U.S. dollar by 0.56 percent, the biggest increase since 2005. read more
Jenia Cane | Apr 29, 2016 05:07 AM EDT
Chinese shoe maker Anta Sports Products Ltd has already outpaced Nike in terms of shoe sales in the mainland. read more
Charissa Echavez | Apr 29, 2016 07:13 AM EDT
China Eastern Airlines will divide its $10 billion worth of orders between Europe's Airbus and US' Boeing as the Asian airline dispatches old units and adds new long-haul flights, Bloomberg reported. read more
Girish Shetti | Apr 29, 2016 01:57 PM EDT
Vale SA, the world's largest iron-ore producer, is optimistic that demand for iron ore in the Chinese market will improve this year due to new government policies. read more
Charissa Echavez | Apr 29, 2016 01:51 PM EDT
Chinese sportswear brand Anta Sports Products Ltd. broke record on selling sneakers in China, surpassing American brand Nike Inc., the China Daily reported. read more
Charissa Echavez | Apr 29, 2016 01:24 PM EDT
Alibaba founder Jack Ma has laughed off reports that he is planning to acquire the Italian football club, AC Milan. read more
Charissa Echavez | Apr 29, 2016 01:02 PM EDT
Chinese car manufacturer BYD Co. Ltd. predicts its net profit will jump five times higher in the first half of the year, indicating a robust demand for electric vehicles. read more
Charissa Echavez | Apr 29, 2016 12:42 PM EDT
Anglo American PLC has signed an agreement to sell one of its largest Brazilian business for 9.7 billion yuan ($1.5 billion) to China Molybdenum Co. According to the Wall Street Journal, this represents another step of Anglo American's plan to sell its non-core assets and cut back debts. read more
Girish Shetti | Apr 28, 2016 10:07 AM EDT
China's richest man and founder of e-commerce giant Alibaba Jack Ma is closing in on a takeover of Italian football giant AC Milan, according to newspapers in Italy. read more
Rina S. | Apr 28, 2016 09:36 AM EDT
Mark Zuckerberg is all set to consolidate his control over Facebook following the institution of a new class of shares. The social network company proposed a new class of stock, which will be known as C shares. These shares will have no voting power attached to them. read more
Girish Shetti | Apr 28, 2016 07:49 AM EDT
HNA Tourism Group, a unit of Chinese conglomerate HNA Group, agreed to purchase US-based Carlson Hotels, the company said in a statement on Wednesday. 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
