IBM to selloff its unprofitable chip-manufacturing unit for $1.5 billion
IBM has said it it will be making a “major business announcement” on Monday morning, indicating that the computer giant has finally finalized a...
Corporate buybacks to provide US market support
In the coming weeks investors can expect support from corporations as they increase their stock purchases.
On Wednesday there was a huge equities selloff, fueled...
Germany needs greater investment but not higher debt, says Finance Minister
Germany should invest more to improve competitiveness, said Wolfgang Schaeuble, the country’s finance minister, but it must not increase debt, he insisted. His comments,...
Lufthansa pilots to walk out again, for the eighth time
Germany’s flag carrier, Deutsche Lufthansa AG, is going to suffer further flight disruptions on Monday as pilots resume strike action. Lufthansa pilots will have...
China to reform law that may benefit foreign companies
Foreign companies operating in China are hoping they’ll be picked on less after this week’s expected legal reforms. The updated regulations will reduce local...
Honeywell posts strong 3rd quarter, despite a weak market
New Jersey-based multinational conglomerate company Honeywell International Inc. posted a strong third-quarter profit, beating analysts’ expectations, driven partly by greater margins in its aerospace...
AmazonFresh grocery delivery service hits Brooklyn
The AmazonFresh free grocery delivery service is expanding and now catering to consumers in Brooklyn, New York City - marking its East Coast debut.
The...
Beware of Ebola scams, says Better Business Bureau
Several Ebola scams and dubious fundraisers have emerged in the United States since the outbreak became headline news, warns the Better Business Bureau (BBB),...
Apple’s new 5K display LED-backlit Retina iMac is the world’s highest-resolution display
Apple unveiled its new 27 inch 5K display LED-backlit retina iMac at the October 16 Apple Keynote event.
The company’s new computer comes packed with...
EE sale possible, as owners Orange and Deutsche Telekom hold talks
EE Ltd., a British mobile network operator and internet service provider jointly owned by Orange SA and Deutsche Telekom AG, may be sold off...