Friday, January 23, 2015
Virgin Australia said Thursday it will cut fuel surcharges on flights to the United States and reduce airfares in response to plunging oil prices, putting pressure on fierce local rival Qantas.
Hyundai Motor on Thursday posted a steep drop of more than 20 percent in fourth quarter profits as a strong won continued to blunt its price competitiveness against Japanese rivals.
American Express said Wednesday it plans to cut more than 4,000 jobs this year, about 6 percent of its total workforce.
Shares in a cinema firm owned by Chinese tycoon Wang Jianlin, who this week bought a 20-percent stake of Spanish football club Atletico Madrid, surged 44 percent on their trading debut Thursday.
Thursday, January 22, 2015
The nation's two major electronics retailers E-Life Mall (全國電子) and Tsann Kuen (燦坤) have kick-started special sales to prepare for the upcoming shopping season for Chinese New Year.1 Comment
The world's biggest miner BHP Billiton Wednesday said it was cutting back its operating U.S. shale oil rigs by 40 percent amid slumping prices, but expected production output to rise for the financial year.
Morgan Stanley's fourth-quarter profit rose as the investment bank recovered from huge legal expenses last year. But it suffered from the same trading slowdowns at other banks and fell short of Wall Street expectations.
Coming off its best quarter yet, Netflix is accelerating its international expansion in hopes its original programming will hook millions more subscribers on the Internet video service.
Facebook said Tuesday it would step up efforts to limit circulation of bogus “news stories” in user feeds, saying it is an annoyance for members of the huge social network.
SpaceX has raised US$1 billion from Google and Fidelity in a deal that values the spaceship manufacturer at about US$10 billion.