Business
-
ABB seals a collaboration agreement with IBM on industrial artificial intelligence
Apr 25, 2017News Hour: ABB has sealed a collaboration agreement with International Business Machines Corp, the Swiss engineering company said on Tuesday, the latest step in its efforts to ramp up its presence in digital technology and the... -
Waymo autonomous vehicle group to begin testing a self-driving car program in Phoenix, Arizona
Apr 25, 2017News Hour: Alphabet Inc’s Waymo autonomous vehicle group will begin testing a self-driving car program for hundreds of families in Phoenix, Arizona and is buying 500 Chrysler minivans to do so, the companies said on Tuesday.... -
SK Hynix made record quarterly profits in the first three months of the year
Apr 25, 2017News Hour: South Korean chipmaker SK Hynix made record quarterly profits in the first three months of the year, it said on Tuesday, with strong demand for memory chips for mobile gadgets pushing up prices. The... -
Jimmy Choo puts itself up for sale
Apr 24, 2017News Hour: Luxury shoe maker Jimmy Choo has said it is seeking potential offers for a sale of the business. The firm, which has a market value of about £700m, has not received any bids yet... -
Oil prices recovered ground following last week’s big losses
Apr 24, 2017News Hour: Oil prices recovered ground on Monday following last week’s big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S.... -
Tesla Inc took many risks with the technology in company’s cars on the way to surpassing Ford’s market value
Apr 24, 2017News Hour: Tesla Inc Chief Executive Elon Musk took many risks with the technology in his company’s cars on the way to surpassing Ford Motor Co’s market value. Now Musk is pushing boundaries in the factory... -
Becton Dickinson and Co to acquire C R Bard Inc in a $24 billion deal
Apr 24, 2017News Hour: U.S. medical equipment supplier Becton Dickinson and Co will acquire C R Bard Inc, in a $24 billion cash-and-stock deal, adding Bard’s devices to its portfolio in the high-growth sectors of oncology and surgery,... -
Kuwait’s appeals court ruled that a government decision to raise petrol prices was in line with the constitution
Apr 24, 2017News Hour: Kuwait’s appeals court ruled Sunday that a government decision to raise petrol prices was in line with the constitution, overturning a decision by a lower court. It said the decision to raise prices was... -
Customers can check out in seconds with Shopify Pay
Apr 22, 2017News Hour: With Shopify Pay, customers can now check out in seconds by entering a 6-digit verification code sent directly to their phone. They’ll no longer need to spend time typing in their shipping and payment... -
Social network payment reach nearly US$3 trillion in China, UN reports says
Apr 22, 2017News Hour: A new UN study reveals that Alipay and WeChat Pay enabled US$2.9 trillion in Chinese digital payments in 2016, representing a 20-fold increase in the past four years. The data shows that digital payments,...
