Without raw material for her fashion designs, Idania del Rio had to find a creative solution, resorting to using hand-me-down shirts, cutting them up and re-styling them to create... Read More
JPMorgan's Dimon warns pace of Fed rate hikes could surpriseJPMorgan Chase's chief warned Thursday that markets have underestimated the chance the Federal Reserve will need to accelerate interest rate... Read More
US private equity firm buys Australia's biggest wine producerUS-based investor the Carlyle Group has bought Australia's biggest wine producer Accolade Wines for Aus$1 billion (US$770 million) as it seeks... Read More
Indian airline Jet Airways has entered an agreement to buy 75 Boeing 737 MAX aircraft in a deal that could be worth more than $7 billion. The country's second-largest... Read More
British advertising giant WPP on Wednesday revealed it had launched an independent investigation into allegations of misconduct by its chief executive Martin Sorrell, reportedly of a financial and personal... Read More
Telecom Italia (TIM) called Wednesday for regulators to look into a tie-up between Silvio Berlusconi's Mediaset TV group and Rupert Murdoch's Sky Italia in order to prevent further concentration... Read More
The New York Federal Reserve Bank said Tuesday it had selected John Williams to take the helm of the institution that is key to monitoring financial markets and implementing... Read More
Rupert Murdoch's 21st Century Fox on Tuesday proposed selling rolling TV channel Sky News to Disney in order to finally seal control of pan-European satellite broadcaster Sky. Fox --... Read More
Spotify on Tuesday makes its long-awaited debut on the stock market as the streaming platform that has shaken up the music industry hopes to strike a chord with investors.... Read More
Spotify on Tuesday debuts as a publicly traded company, hoping that its streaming music model will be a hit with investors and a boon to artists. In an unusual... Read More
Intel shares dove on Monday after Bloomberg reported that Apple intends to switch to chips of its own for Mac computers in two years. Intel shares were down more... Read More
Ukraine's largest lender PrivatBank said Monday it had filed a $3 billion lawsuit against PwC, claiming the auditor failed to call attention to "the huge fraud" plaguing the bank... Read More
Facebook will likely need "a few years" to fix the problems uncovered by the revelations on the hijacking of private user data, chief executive Mark Zuckerberg said in an... Read More
A hack at Saks and Lord & Taylor stores in North America has compromised customer payment data, their parent company announced on Sunday. Canadian-based Hudson's Bay Company did not... Read More
Bahrain on Sunday announced it has discovered the largest oil and gas field in the history of the small kingdom, which unlike its Gulf neighbours is not energy-rich. Authorities... Read More
China on Monday imposed new tariffs on 128 US imports worth $3 billion, including fruits and pork, in retaliation to US duties on steel and aluminium, fuelling fears of... Read More
Was a leaked internal Facebook memo aimed at justifying the social network's growth-at-any-cost strategy? Or simply a way to open debate on difficult questions over new technologies? The extraordinarily... Read More
Chinese telecom giant Huawei saw it profits rebound in 2017, helped by strong smartphone sales as it ramps up R&D spending despite suffering setbacks in its US ambitions. The... Read More
The sale of Uber's Southeast Asian business to Singapore-based rival Grab may have infringed competition rules, a Singapore watchdog said Friday, imposing restrictions on the deal while it carries... Read More
Touted as an engineering wonder, the world's longest sea bridge, which connects Hong Kong, Macau and mainland China, includes a snaking road crossing and an underwater tunnel and reportedly... Read More
It has been 20 years since Viagra was introduced, and Pfizer is still searching for another drug with as much earning power as the revolutionary blue erection pill. If... Read More
Wild fluctuations within the bitcoin market have once again sparked debate between investors who believe it is merely undergoing a "correction" and those who see it as a costly... Read More
