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Nintendo's 3rd quarter profit jumps on Pokemon game sales

31 Jan 2017 6:00 PM GMT
Japanese video game maker Nintendo Co's third-quarter profit more than doubled from a year earlier on healthy sales of Pokemon game software, the...

Britain's Tesco buys wholesaler Booker for $4.7 billion

27 Jan 2017 6:12 PM GMT
Supermarket chain Tesco, Britain's biggest retailer, announced on Friday it has agreed to purchase food wholesaler Booker for 3.7 billion pounds ($4.7...

Papua urges US miner to pay $376 million in taxes, penalties

27 Jan 2017 6:10 PM GMT
The governor of Indonesia's easternmost province of Papua is urging Freeport to immediately pay $376 million in taxes and penalties after a court...

Microsoft profit edges up as it absorbs LinkedIn

27 Jan 2017 6:03 PM GMT
Microsoft reported a rise in profits over the past quarter, showing gains in cloud computing and other new areas of focus as it absorbed the LinkedIn...

Apple-Qualcomm legal fight spreads to China

26 Jan 2017 5:49 PM GMT
Beijing residents concerned about breathing the capital's thick gray air are adapting, inventing and even creating businesses to protect the health of...

Note ban in India, crisis in Brazil impacted Unilever's sales growth

26 Jan 2017 4:56 PM GMT
Demonetisation of higher currency notes in India along with economic crisis in Brazil adversely impacted FMCG major Unilever's sales growth in...

Johnson & Johnson to buy pharma group Actelion for $30 bn

26 Jan 2017 4:55 PM GMT
US pharmaceuticals giant Johnson & Johnson on Thursday announced it was buying Europe's biggest bio-pharmaceutical firm, Switzerland's Actelion,...

Cisco buys app performance tuning start-up for $3.7 billion

25 Jan 2017 6:31 PM GMT
Cisco Systems have announced a $3.7 billion deal to buy a startup specializing in improving the performance of applications, continuing to expand...

Samsung quarterly profit leaps 50%

24 Jan 2017 6:35 PM GMT
Samsung Electronics reported a 50 per cent jump in fourth-quarter profits on Tuesday despite the humiliating Galaxy Note 7 recall that hammered the...

In push to save TPP sans USA, Australia opens door to China

24 Jan 2017 6:30 PM GMT
Australia said on Tuesday it was working to recast the Trans-Pacific Partnership without the US and opened the door for China to sign up after...

China's Alibaba Q3 revenue surges 54% to $7.7 billion

24 Jan 2017 6:27 PM GMT
Chinese e-commerce giant Alibaba said on Tuesday its revenues leapt 54 per cent year-on-year for the quarter ended in December, spurred by rapid...

China's State Grid buys majority stake in Brazil power giant

24 Jan 2017 6:25 PM GMT
China's State Grid has concluded a deal to buy a majority stake in Brazil's electricity giant CPFL for $4.5 billion, the company announced on...
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