News

Apple Inc., logo

Apple loses appeal to trademark the term ‘app store’ in Australia

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Apple cannot exclusively use the term “app store” in Australia after the Australian Federal Court rejected an appeal by the American technology giant to...
business roundtable

Top CEOs are less optimistic about the US economy

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Top chief executives across the US are not optimistic about the future of the American economy and are planning on reducing the amount they...
Twitter

Twitter rolls out abuse reporting and blocking features

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Twitter announced that it is rolling out a new way to flag abusive tweets. There have been some big trolling incidents recently, including a...
survitec logo

Onex Corp in talks to acquire Survitec Group Ltd for $704 million

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Onex Corp, Canada’s largest private-equity firm, is in talks to acquire a British survival equipment maker Survitec Group Ltd from Warburg Pincus LLC for...
bmo

Bank of Montreal profit misses expectations

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Bank of Montreal’s profit missed estimates, the company posted net income for the three months ended Oct. 31 of only $1.07 billion ($1.56 a...
car sales

US auto sales booming, industry’s best November in over a decade

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American auto sales increased more than expected last month, with Black Friday deals attracting an overwhelming number of buyers. General Motors Co. said that it...
Sprint

Sprint offers 50% discount to Verizon and AT&T customers who switch

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America's third largest wireless network operator Spring Corporation says it will reduce the monthly rate plan of AT&T and Verizon customers who switch over...
Russian economic growth

Russian recession for 2015 warning by Economy Ministry

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The Russian Economy Ministry warns that the country is likely to slide into recession in 2015, and may shrink by 0.8%. It had previously...
Boeing-logo1

Dreamliner battery fire blamed on Boeing shortcomings

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All those fires that plagued Boeing’s Dreamliner aircraft were blamed on the company itself by the National Transportation Safety Board (NTSB). The NTSB concluded...
John Lewis

Black Friday best week ever for John Lewis with £179.1m in sales

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British upmarket chain of department stores John Lewis said on Tuesday that Black Friday helped it deliver its best week of sales ever in...