Home > AFP
Nintendo's 3rd quarter profit jumps on Pokemon game sales
31 Jan 2017 11:30 PM ISTJapanese 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 11:42 PM ISTSupermarket 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 11:40 PM ISTThe 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 11:33 PM ISTMicrosoft 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 11:19 PM ISTBeijing 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 10:26 PM ISTDemonetisation 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 10:25 PM ISTUS 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
26 Jan 2017 12:01 AM ISTCisco 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%
25 Jan 2017 12:05 AM ISTSamsung 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
25 Jan 2017 12:00 AM ISTAustralia 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 11:57 PM ISTChinese 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 11:55 PM ISTChina'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...