Business

News Hour: Diversified healthcare company Abbott Laboratories on Friday agreed to buy Alere Inc at a lower price than it had previously offered, after raising concerns about the accuracy of various representations, warranties, and covenants made...

News Hour: A Rome court on Friday suspended a lower court ruling that had blocked the use of smartphone apps for Uber cars in Italy. The court accepted an appeal by Uber against the first ruling,...

News Hour: Ride-hailing service Uber Technologies Inc generated $6.5 billion in revenue last year and its gross bookings doubled to $20 billion, the company said on Friday. Its adjusted net loss was $2.8 billion, excluding the operation...

News Hour: Apple Inc is considering teaming up with its supplier Foxconn to bid for Toshiba Corp’s semiconductor business, public broadcaster NHK said on Friday – the latest twist in the sale of the world’s second-biggest...

News Hour: T-Mobile US Inc bid $8 billion and Dish Network Corp $6.2 billion to win the bulk of broadcast airwaves spectrum for sale in a government auction, the U.S. Federal Communications Commission said on Thursday....

News Hour: Taiwan’s Foxconn has asked for SoftBank Group’s cooperation in its bid for Toshiba Corp’s prized memory chip unit, the Nikkei business daily reported on Friday. Foxconn, known formally as Hon Hai Precision Industry, is...

News Hour: Shares of Tesla jumped nearly 3 percent on Thursday after Chief Executive Elon Musk said the electric car company expects to unveil its planned commercial truck in September. Musk last year announced plans for...

News Hour: The World Trade Organization said on Wednesday it expected global trade to rebound slightly in 2017 but warned the threat of protectionism and other uncertainties risked hampering the recovery. The organization forecast that global...

News Hour: A Signing ceremony held between Butterfly Marketing Ltd. and AH Khan & Co in Dhaka, the capital city of Bangladesh. In the ceremony, Mr. M A Mannan, Chairman of Butterfly Marketing Ltd. and Mr. Abu Hossain...

News Hour: Huawei Southeast Asia Talent Development Forum 2017 opened on Monday in Bangkok. Under the theme “Developing ICT Talent, Empowering Digital Transformation”, the two-day forum would serve as a platform for government officials, Telco operators...