Business

News Hour: Apple Inc said on Thursday its App Store generated $20 billion for developers in 2016, a 40 percent increase from 2015, helped by the popularity of games such as Pokemon Go and Super Mario...

News Hour: British American Tobacco (BAT) has quit plans to market a nicotine inhaler called Voke to focus on consumer items like e-cigarettes rather than health products. The move reins in BAT’s earlier, very diversified approach...

News Hour: Digital currency bitcoin fell more than 20 percent in the space of four hours of trading on Thursday, putting it on track for its worst daily performance in nearly two years. The web-based “cryptocurrency”...

News Hour: Wall Street stocks won solid gains on Wednesday while European markets were little changed as Federal Reserve policymakers signaled they could hasten US interest rate increases. US stocks, which had sagged during the late-December...

News Hour: President-elect Donald Trump on Tuesday threatened to impose a “big border tax” on General Motors Co for making some of its Chevrolet Cruze compact cars in Mexico, an arrangement the largest U.S. automaker defended...

News Hour: Twitter Inc executive Kathy Chen, brought in to run Greater China just over eight months ago, has quit, according to a tweet sent by her over the weekend. Twitter has been blocked in China...

News Hour: Chip maker Intel is to take a 15 percent stake in digital mapping firm HERE, a person familiar with the process told Reuters on Tuesday. A filing to the German cartel office earlier on...

News Hour: Ford Motor Co said on Tuesday that, it will cancel a planned $1.6 billion factory in Mexico and will invest $700 million at a Michigan factory as it expands its electric vehicle and hybrid...

News Hour: ANZ Bank on Tuesday agreed to sell its stake in Shanghai Rural Commercial Bank for Aus$1.84 billion (US$1.32 billion) as it continues to offload Asian assets as part of a restructure. The Australia and...

News Hour: Hong Kong and Shanghai stocks were unmoved at the open on Tuesday on the first trading day of the year. The Hang Seng Index dipped 0.2 percent, or 43.25 points, to 21,957,31 soon after...