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May 28, 2017

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MOST READ
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Hotai Motor's profits jump two-fold despite stagnant sales. How did they do it?
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Police bust triad members for extortion
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A new ad promoting the 2017 Summer Universiade has made it big
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Hong Kong independence duo plead not guilty over parliament chaos
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JFK at 100: Why we still cherish his memory
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Business
US oil output is back near record highs, and it's challenging OPEC
Efforts by OPEC to keep oil prices up are coming under pressure.
 
The EU has fined Facebook 110 million euros for giving misleading in WhatsApp takeover
The European Commission on Thursday fined US social media giant Facebook 110 million euros ($120 million) for providing incorrect and misleading information on its takeover of WhatsApp.
 
Heart-shaped diamond sells for $13M, under auction estimate
A heart-shaped diamond billed as the largest of its kind to be auctioned off sold for less than the pre-sale estimate Wednesday, fetching a hammer price of 13 million Swiss francs (about $13.3 million.)
 
Sotheby's sells pink, blue diamond earrings for about $51M
Sotheby's sold a pair of pear-shaped diamond earrings at a hammer price of about $51 million Tuesday, though the 14.54-carat flawless Fancy Vivid Blue diamond that was the auction's highlight fell short of the expected range.
 
Dubai firm dreams of harvesting icebergs for water
A Dubai firm's dream of towing icebergs from the Antarctic to the Arabian Peninsula could face some titanic obstacles.
 
Adata Technology Co. (威剛科技), Taiwan's biggest memory module maker, announced a foray into artificial intelligence on Wednesday.
 
Twitter shares rise on word of Biz Stone's return
Twitter shares gained Tuesday on word that co-founder Biz Stone was returning to the social network after six years away.
 
Britain's unemployment rate has dipped to 4.6 percent, the lowest level for 42 years, official data showed on Wednesday, three weeks before a general election.
 
Chinese investors who failed in their bid to buy Hull City last year have succeeded in taking over Reading, who are one win away from the Premier League.
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