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GM to sell Chinese-made cars in the US
14 Nov 2015 6:15 AM ISTGeneral Motors plans to sell Chinese-made cars in the US beginning early next year, a first for a major automaker, The Wall Street Journal has...
‘Simple racism’: US Apple kicks 6 African-origin teens out of shop
13 Nov 2015 5:40 AM ISTAn Apple manager has apologised to six teenagers of African descent after staff kicked them out of an Australian store citing concerns they “might...
Shanghai free trade zone director under investigation
12 Nov 2015 5:24 AM ISTChinese authorities said on Tuesday that a director of the Shanghai free trade zone (FTZ) had been put under investigation for “severe disciplinary...
Volkswagen shares skid as emission scandal widens
4 Nov 2015 6:24 AM ISTShares in German auto giant Volkswagen skidded five per cent lower at the start of trade today following new accusations in the United States over the...
Google parent Alphabet may open China units
1 Nov 2015 4:35 AM ISTGoogle parent Alphabet may do business in China following the reorganisation of the technology giant, co-founder Sergey Brin has said.Brin, who is...
US ad firm helped Communist China make propaganda video
30 Oct 2015 5:39 AM ISTThe Chinese producer of a slick music video which used psychedelic images to promote Communist planning said on Thursday it had a little help from its...
NY Times back in profit zone on higher online subscriptions
30 Oct 2015 5:38 AM ISTThe New York Times Co swung to profit in the third quarter as it boosted digital subscribers and kept a lid on operating costs, earnings results...
Toshiba to sell smartphone sensor business to Sony
29 Oct 2015 6:15 AM ISTToshiba said on Wednesday that it would sell its image sensor business to Sony, as part of a wider overhaul in the wake of a huge accounting scandal....
Bitcoin exchange MtGox’s France-born CEO spent stolen funds on prostitutes
29 Oct 2015 6:14 AM ISTThe head of collapsed Bitcoin exchange MtGox was facing fresh embezzlement charges on Wednesday, as Japanese media said some of the allegedly stolen...
China Red Army Captain’s son ups fortune by 127% in 1 year to $30 bn
28 Oct 2015 4:09 AM ISTChina’s richest man saw his fortune balloon by nearly $17 billion - a sum larger than the GDP of Iceland — in the past year, business magazine Forbes...
Japan’s Toyota dethrones German VW in global sales
28 Oct 2015 4:03 AM ISTJapan's Toyota Motor overtook scandal-hit Volkswagen to become the world's largest carmaker by sales in the nine months to September, according to...
On China’s graft probe radar: Central bank, finance watchdogs
26 Oct 2015 2:23 AM ISTChina’s anti-corruption watchdog has said that it would expand its inspections to major financial institutions including the central bank and...