Alibaba offers to buy all of ‘China’s YouTube’
October 16, 2015
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Business

Alibaba offers to buy all of ‘China’s YouTube’

Alibaba Group Holding Ltd. offered to buy the rest of Youku Tudou Inc. for $26.60…

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Yum! lowers full-year forecast
October 16, 2015
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Business

Yum! lowers full-year forecast

Sales in China may be hard to forecast, it says in estimating that same-store sales…

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Google launches Nexus 6P, 5X in India
October 16, 2015
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Google launches Nexus 6P, 5X in India

The Nexus 5X features Android 6.0 Marshmallow, Googles latest Android operating system for mobile devices…

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US factory output drops in latest sign of weak growth
October 16, 2015
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Business

US factory output drops in latest sign of weak growth

Manufacturing production declined 0.1 percent in September, extending the 0.4 percent decrease observed in August.

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Volkswagen to recall 8.5 million diesel cars in Europe
October 16, 2015
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Business

Volkswagen to recall 8.5 million diesel cars in Europe

Troubled carmaker Volkswagen says it will recall 8.5 million diesel vehicles across Europe after German…

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Citigroup profit jumps 51 percent as costs fall
October 16, 2015
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Business

Citigroup profit jumps 51 percent as costs fall

Cost cuts helped Bank of America Corp boost net income to US$4.51bil from a year-earlier…

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United Airlines CEO Oscar Munoz hospitalized
October 16, 2015
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Business

United Airlines CEO Oscar Munoz hospitalized

Oscar Munoz, who recently was named CEO of Chicago-based United Continental Holdings Inc., has been…

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County, state jobless rates drop
October 16, 2015
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Business

County, state jobless rates drop

The Orange County rate fell faster in September than Seminole County’s rate, narrowing the gap…

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Number of Chinese billionaires overtakes U.S., survey says
October 16, 2015
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Business

Number of Chinese billionaires overtakes U.S., survey says

Impressively, “The China Rich List” also has the world’s highest percentage of self-made entrepreneurs with…

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Strong Wage Growth Crucial For BoE To Hike Rates
October 16, 2015
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Business

Strong Wage Growth Crucial For BoE To Hike Rates

Despite being slightly shy of expectations, it wasn’t entirely surprising and is pretty much in…

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