After reporting impressive gains in earnings, revenue and subscribers for the first quarter, the message from the pioneer of video streaming giant Netflix could not be clearer – it is still the leader in the leader in the streaming business…. Read More ›
The claim for a place in the presidential race of Taiwan for the Foxconn founder Terry Gou has been endorsed by the Chinese sea goddess Mazu, said the business tycoon. He had been encouraged by the goddess to “come forward”… Read More ›
While announcing its agreement to hold trade negotiations with the United States, the European Union has also warned that it would stop the talks if any new tariffs were imposed by US President Donald Trump or if the Trump administration… Read More ›
The first ever public listing at the New York stock market for Africa’s largest e-commerce firm Jumia saw it getting the startup “unicorn” status which is a tech start-up that is worth $1 billion or more. Analysts feel that this… Read More ›
China needs to provide more clarity to the global industry about its lending to poor countries, said the new head of the World Bank while also warning that once again there has been an increase in debt problems are once… Read More ›
Launching of the long anticipated streaming service was ultimately announced by Disney nut it would start off only in November and for North America only initially. It would take much longer for the services to be launched in other markets…. Read More ›
The chief of the International Monetary Fund has warned that there would be extension of uncertainty for business if there is a decision to extend the deadline of Brexit by the UK and the European Union. While welcoming the fact… Read More ›
The increasing trend of shoppers choosing to shop online for virtually everything in retail and the need for cost curtailment of companies is forcing the closure of retail chain stores in the UK high streets at a rate that is… Read More ›
A settlement charge of $1.1bn has been fixed for Standard Chartered in connection to charges against the bank of implementing insufficient money-laundering controls and violating sanctions against Iran and other countries imposed by the US and other global bodies. The… Read More ›
In what was his first public address since he was first arrested last year, ousted former Nissan chairman Carlos Ghosn, through a video message, accused some of his former colleagues of “backstabbing” him to remove him from the post of… Read More ›
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