Business
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Chinese buyers turn to online shopping-style websites to buy Australian properties
Sep 22, 2016News Hour: Chinese buyers are turning to online shopping-style websites to buy Australian properties, in a shift from traditional real estate methods and to make it easier to purchase houses and apartments while in China. Chinese-based... -
New Zealand dairy giant Fonterra posted 65 percent rise in annual net profit
Sep 22, 2016News Hour: New Zealand dairy giant Fonterra posted a 65 percent rise in annual net profit on Thursday, despite “challenging” conditions in the global market. Fonterra, the world’s largest dairy exporter, said net profit for the... -
Apple approaches McLaren for a strategic investment
Sep 21, 2016News Hour: Apple Inc has approached British Formula One team owner McLaren Technology Group for a strategic investment or a potential buyout, the Financial Times reported, citing sources. The loss-making automotive group could be valued at... -
Nissan launches flagship brand center in central Tokyo
Sep 21, 2016News Hour: Nissan on 20th September, held an official opening ceremony for Nissan Crossing, its new brand experience space in Tokyo’s prestigious Ginza district, shortly before the venue opens its doors to the public on September... -
Viacom Inc slashed quarterly dividend by 50 percent
Sep 21, 2016News Hour: Viacom Inc slashed its quarterly dividend by 50 percent on Wednesday and said interim Chief Executive Tom Dooley would leave the company. Viacom also said it had ended the process of seeking a minority... -
Google launched smart messaging app Allo
Sep 21, 2016News Hour: US internet giant Google launched Wednesday a smart messaging app aimed at muscling into a busy market with popular rivals such as WhatsApp and Facebook’s messenger. Allo’s “smart” capabilities aims to make it easier... -
China to announce plans to merge top steelmakers this week
Sep 20, 2016News Hour: China is expected to announce plans to merge the country’s top steelmakers this week, according to media reports, creating the world’s second-largest manufacturer of the commodity, as markets struggle with a glut caused by... -
Tokyo shares opened lower on Tuesday
Sep 20, 2016News Hour: Tokyo shares opened lower Tuesday as investors focus on a pair of US and Japanese central bank meetings, while Takata dived on news the troubled airbag supplier is going up for sale. Japanese markets... -
Unilever to acquire Seventh Generation Inc
Sep 19, 2016News Hour: Unilever announced today that it has signed an agreement to acquire Seventh Generation, Inc., the North American home, and personal care products company. Based in Vermont, Seventh Generation is a pioneer in corporate responsibility... -
Iran reduced the number of airplanes it plans to buy from Airbus
Sep 19, 2016News Hour: Iran has reduced the number of airplanes it plans to buy from Airbus by six amid delays in U.S. regulatory approvals, and may knock one plane off a similar deal for more than 100...