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Chinese President Xi, Defender of Globalization in World Economic Forum

China's Xi Jinping Defends Economic Globalization at World Economic Forum

Jan 17, 2017 11:12 PM EST

Chinese President Xi Jinping formally opened on Tuesday the proceedings of the World Economic Forum in Davos, Switzerland, as he staunchly positioned himself as a defender of globalization and free trade.

Essilor and Luxottica Merge, Creating a Giant Eyewear Industry

Essilor, Luxottica Agree $49B Merger Deal

Theena Ocay |

Jan 17, 2017 07:15 PM EST

Essilor of France announced on Monday the $49 billion merging deal with Luxottica Group of Italy that would create a giant in the eyewear industry

China to Invest Another $40 Billion in Nigeria’s Oil Pipeline

Theena Ocay |

Jan 13, 2017 11:52 PM EST

China is investing an additional $40 billion in Nigeria's oil pipeline, according to its Foreign Affairs Minister Wang Yi on Wednesday at a bilateral meeting with Nigeria's Foreign Affairs Minister Geoffrey Onyeama in Abuja.

New York State to Shut Down Indian Point Nuclear Power Plant due to Safety of New Yorkers

New York to Shut Down Indian Point Nuclear Power Plant due to Safety Concerns

Theena Ocay |

Jan 11, 2017 01:07 AM EST

Entergy Corp's Indian Point nuclear power plant in New York state will shut down by April 2021 in order to protect the safety of its citizens, Governor Andrew Cuomo announced on Monday.

China, Third Nation to Successfully Test a Hydrogen-Fuel Aircraft, Next to US and Germany

China Successfully Launches First Hydrogen-Powered Aircraft

Theena Ocay |

Jan 10, 2017 11:49 AM EST

China has become the third nation in the world to successfully test an aircraft powered by hydrogen fuel cells next to the US and Germany, China's Ministry of Science and Technology said.

Singapore Foreign Minister Responds to Diplomatic Relationship with China after Terrex Vehicle Incident

Theena Ocay |

Jan 10, 2017 10:02 AM EST

Singapore must conduct its foreign policy as a sovereign, independent nation, even though other countries may put pressure on the Republic, Singapore Foreign Minister Vivian Balakrishnan said on Monday, addressing questions in the Parliament about the Terrex vehicle incident.

Google CEO: Emerging Market Like India Needs $30 Smartphone

Theena Ocay |

Jan 07, 2017 03:54 AM EST

Google India-born CEO Sundar Pichai unveiled on Wednesday in an interaction with ET’s Surabhi Agarwal and TV Mahalingamthe about the real need of $30 smartphone in emerging market like India.

Transunion and Equifax Agreed to Settle $23 Million without Admitting or Denying the CFPB’s Findings

TransUnion, Equifax Agree to Settle $23M for Deceptive Credit Scores

Theena Ocay |

Jan 07, 2017 02:36 AM EST

Two of the largest credit bureaus in the US have agreed to settle more than $23 million of fines and reimbursements without admitting or denying the Consumer Financial Protection Bureau's findings.

Knife-wielding Man Injured 12 Children at China Kindergarten

Kindergarten Stabbing Causes Knife Attack Concerns in China

Theena Ocay |

Jan 05, 2017 07:26 AM EST

Records of knife attack incidents in China have forced authorities to increase security around schools and conduct in-depth studies of the root causes of such acts, including the recent stabbing on Wednesday in a kindergarten in the Province of Pinxiang.

China to Send 6,000 Construction Workers to Israel to Alleviate Housing Crisis

Theena Ocay |

Jan 05, 2017 06:05 AM EST

Israel and China agreed on the wording of an agreement in Beijing on Wednesday to send about 6,000 Chinese construction workers to come and work in Israel within six months to alleviate housing crisis.

A Chinese court ruled in favor of a transgender man in the country's first transgender employment discrimination case.

Transgender Man Wins First Employment Discrimination Case in China

Theena Ocay |

Jan 04, 2017 05:12 AM EST

A Chinese transgender man identified as Mr. C won the first unfair dismissal case in China on Tuesday (Jan. 3) after an overrule court.

China Confirms Aircraft Carrier Conducted First Drill in South China Sea

Theena Ocay |

Jan 04, 2017 04:13 AM EST

China confirmed that its aircraft carrier has for the first time conducted drills in the South China Sea with a formation of other warships and fighter jets.

China Starts to Shakes Up Its Millennial-Old Salt Monopoly

China Starts to Shake Up Millennial-Old Salt Monopoly

Theena Ocay |

Jan 04, 2017 01:13 AM EST

China has started to shake up its millennial-old salt monopoly by releasing a new regulations effective this year that allows producers to set prices and sell directly to the market.

Texas Couple Blames Apple's FaceTime App for the Death of Daughter

Texas Couple Blames Apple's FaceTime App for Daughter's Death

Theena Ocay |

Jan 03, 2017 05:53 PM EST

A Texas couple is blaming Apple for failing to implement "lock-out" capabilities on its facetime app. The couple claim that the app distracted a driver who rammed into their car, killing their 5-year-old daughter.

New Year's Attack on Istanbul Kills 39, Injures Over 70

Theena Ocay |

Jan 03, 2017 09:10 AM EST

As hundreds of revelers are celebrating the arrival of the New Year at the Reina nightclub in Istanbul, a lone gunman stormed and started a shooting spree after firing at security guards at the entrance, leaving 39 dead and 70 others wounded.

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