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Friday, May 22, 2015
China's Lenovo said Thursday revenue rose 20 percent in its past fiscal year, helped by its purchase of Motorola last year as the PC maker diversifies into the smartphone market, but net profit growth slowed to just one percent.
German rail strike called off, but new dispute looms
German railways operator Deutsche Bahn on Thursday announced an end to a drivers strike that had paralyzed train travel in Europe's biggest economy, after the feuding sides agreed to mediation.
There's a new player in the U.S. cable dating game.
Australian Treasurer Joe Hockey said Thursday his government will not set up a parliamentary inquiry into the massive iron ore sector following discussions with regulatory bodies and industry players.
For sale online to a wealthy Chinese buyer: historic Italian villa, starting price US$16.4 million, immigration possible.
Streaming leader Spotify on Wednesday announced an expansion into video and original content, reaching beyond music as the company faces challenges to its dominance and strives to turn a profit.
World stock markets were lackluster Thursday after mainland China's economy showed new signs of weakness but the Shanghai benchmark surged on hopes for more government stimulus.
Oil prices rose in Asia Thursday after a decline in U.S. petroleum stockpiles and production boosted hopes of an easing in the global supply glut, analysts said.
The U.S. dollar edged down Thursday after minutes from the U.S. Federal Reserve's last policy meeting all but ruled out a June interest rate hike.
Thursday, May 21, 2015
Auto parts company Iron Force Industrial Co. (劍麟) said yesterday that air bags received from Takata Corp. have no safety issues in the midst of the largest vehicle recall in the United States due to the Japanese merchant's defective air bags.
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