Business
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Bangladesh police detail suspicions of inside help in central bank heist
Dec 29, 2016News Hour: A top investigator into the electronic theft of $81 million from the Bangladesh central bank is turning his attention to some IT technicians from the bank whom he suspects hooked up its transactions system... -
Alibaba Digital Media and Entertainment Group plans to invest more than $7.2 billion over the next 3 years
Dec 28, 2016News Hour: Alibaba Digital Media and Entertainment Group, the entertainment affiliate of Alibaba Group Holding Ltd, plans to invest more than 50 billion yuan ($7.2 billion) over the next three years, the affiliate’s chief executive said.... -
Mahindra Comviva released “Business of Tomorrows” survey report
Dec 28, 2016News Hour: Mahindra Comviva, the global leader in providing mobility solutions, has released “The Business of Tomorrows” survey report. The survey was carried out in collaboration with Mobile World Live, an online communication hub for the... -
South Korea fined Qualcomm Inc $854 million for unfair business practices in patent licensing and modem chip sales
Dec 28, 2016News Hour: South Korea’s antitrust regulator fined Qualcomm Inc 1.03 trillion won ($854 million) for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. chipmaker said it will... -
Panasonic to invest more than $256 million in a New York production facility of Tesla Motors to make PV cells
Dec 28, 2016News Hour: Panasonic Corp will invest more than 30 billion yen ($256 million) in a New York production facility of Elon Musk’s Tesla Motors to make photovoltaic (PV) cells and modules, deepening a partnership of the two... -
Tata group sues former chief for breach of confidentiality
Dec 28, 2016News Hour: Indian salt-to-steel conglomerate Tata upped the ante in their bitter dispute with ousted former chairman Cyrus Mistry on Tuesday, saying they were suing him for breach of confidentiality. Tata Sons, the holding company of... -
Toshiba flags hit of ‘billions of dollars’ on U.S. nuclear acquisition
Dec 27, 2016News Hour: Toshiba Corp said it may have to book several billion dollars in charges related to a U.S. nuclear power acquisition, a shock warning that sent its stock tumbling 12 percent and rekindled concerns about... -
UK Boxing Day online sales up 11.5 percent, footfall down 6 percent
Dec 26, 2016News Hour: The number of Britons who hit the shops on Boxing Day morning, a traditional shopping day, fell 6 percent versus the same period last year, while online transactions rose 11.5 percent year-on-year, retail data... -
Britain staying in EU single market makes no sense, Ex-BoE chief says
Dec 26, 2016Britain should decide its own immigration policy and stop pretending Brexit is compatible with staying in the European Union’s single market, a former governor of the Bank of England said on Monday. Mervyn King, who steered... -
French jobless total falls for the third consecutive month in November
Dec 26, 2016News Hour: France’s jobless total fell for the third consecutive month in November to a near four-year low, Labour Ministry data showed on Monday. The ministry said the number of people registered as unemployed in mainland...
