Taxi Drivers In China’s Shenzhen Protest Ride-Hailing Apps, 3 Arrested
Three people were arrested in Shenzhen, a southern Chinese city, as cab drivers launched a city-wide strike Monday.
Microsoft In China: Government Makes Fresh Inquiry Over Anti-Trust Concerns
The move comes more than a year after anti-trust investigations were first launched into Microsoft's operations in China.
Eurozone Inflation Refuses To Rise Despite ECB Stimulus
Stimulus measures have had little effect on the bloc's near-zero inflation rate as crude oil has hit its lowest annual average price in 11 years.
Australian Electronics Chain Dick Smith Runs Out Of Cash, Looks For Buyers
The electronics retailer, struggling with failed promotions and tepid December sales, failed to obtain support from its lenders.
Google-Backed Startup Editas Medicine Becomes First Gene Editing Company To File For IPO
The company uses a gene-editing technique called Crispr which lets genomic researchers snip and edit a wide variety of genomes to correct glitches or insert new code.
Chinese Phone Maker Meizu To Cut 5% Of Workforce Due To Slowdown
The smartphone maker plans to trim as many as 200 people of its roughly 4,000 staff as demand for lower-end phones cooled.
Fiat Shares Tumble As Company Ends 30-Year Control Of Ferrari
The company gave up its 80 percent stake in the high-end sports-car maker Sunday.
Samsung Sees Tough Year Ahead As Competition Heats Up
The world’s largest smartphone maker said it expects to face increased competition this year.
Singapore’s Economic Growth Trumps Industry Expectations In Fourth Quarter
The city-state’s GDP grew at its slowest pace in the past six years as China — Singapore’s largest export destination — faced an economic slump.
Takata Recall: Honda Says No Fresh Lending For Japanese Airbag Maker
The component maker's faulty airbags have been at the center of one of the largest and most complex recalls in automotive history.
Indonesia Misses GDP Target For 2015; Deficit Hits 25-Year High
Indonesia also recorded its largest budget deficit in 25 years due to lower tax collections and falling commodity prices, reports said.
Iran’s Khamenei Says Saudi Arabia Will Face ‘Divine Revenge’ Over Cleric’s Execution
Iran’s supreme leader Ayatollah Ali Khamenei said that Saudi Arabia will have to face "quick consequences" for the death of Shiite cleric Nimr al-Nimr.
North Korea Preparing For Thermonuclear Weapon Tests: Report
South Korea said that the North has been preparing for thermonuclear weapon tests at the Punggye-ri nuclear test site.
Shire In Advanced Talks To Acquire Baxalta For $32B: Report
If the much sought-after deal succeeds, the combined company is expected to generate $20 billion in sales by 2020.
Anti-ISIS Group Claims Responsibility For BBC Website Hack
Calling itself New World Hacking, the group reportedly says it carried out the cyberattack to test its capabilities.
US Gulf Oil Spill Nearly Killed BP, Chief Bob Dudley Says
The 2010 incident, one of the worst environmental disasters in the U.S., shook the company “to its core,” BP CEO Bob Dudley told BBC's Radio 4 Friday.
Europe Faces 'New Normal' Of Terror Threats, Experts Warn
The Islamic State group’s growing reach on the continent could lead to more cancellations of events and tighter security.
China’s ‘Silicon Valley’ Shenzhen Topples Beijing, Shanghai As Most Expensive Housing Market
Data indicates that Shenzhen overtook China’s two largest cities from June, with property prices at more than twice the national average.
Uber, Lyft Competitor Sidecar Winds Up Operations
The company, which had raised $39 million in financing over four years, cannot continue in its present form, co-founder Sunil Paul announced Tuesday.
Apple To Pay $348M To Italy In Tax Evasion Dispute
The settlement wrapped up a two-year long investigation into Apple's Italian subsidiary over accusations of tax evasion.
IMF Chief Christine Lagarde Forecasts Disappointing, Uneven Global Growth In 2016
Low productivity, ageing populations and the effects of the financial crisis are slowing growth, Christine Lagarde wrote in a German newspaper Wednesday.
Asean To Launch Trade Bloc To Integrate Southeast Asian Markets
The 10-nation, U.S.-backed Asean Economic Community includes four countries that are part of the Trans-Pacific Partnership.
Sao Paulo Wants A Cut Of Uber Sales; Cabbies Protest Plan As Inadequate
Taxi unions in Brazil’s largest city say a proposed levy will not be enough to curb the ride-hailing company’s rapidly growing influence.
Kremlin Rushes To Bail Out Russia's State-Run Bank
Vnesheconombank, crippled by Western sanctions, is reportedly used by President Vladimir Putin to fund pet projects.
India Expects Foreign Direct Investment To Rise By 45% In 2016 Despite Global Slowdown
In a milestone year for India, FDI inflows to Asia's third-largest economy outpaced both China and the U.S. in the first half of 2015.
China's Evergrande To Buy Property Assets Worth $3.2B From Hong Kong Tycoon Cheng Yu-Tung
Evergrande announced Tuesday that it would buy real estate worth $3.2 billion from Hong Kong billionaire Cheng Yu-Tung.
Pep Boys Picks Carl Icahn Over Bridgestone After Bidding War
The billionaire investor raised his offer to $18.50 per share earlier Monday, after a prolonged bidding war with Bridgestone over the U.S. auto parts company.
Nigeria Attacks: Dozens Killed In Militant Raids, Mosque Blast Since Sunday
Nigeria’s president said last week that the terrorist group was defeated, but two deadly attacks in less than three days have cast doubts over his claims.
German Parliament Member Sahra Wagenknecht Criticizes Country's Role In Syrian War
"The West, first of all the United States, has made this monster bigger by their wars," opposition member Sahra Wagenknecht said.
Kazakhstan's Largest Oil Producer TengizChevroil's Expansion To Cost $30B
Production at TengizChevroil, Kazakhstan’s largest oil producer, is crucial to the country’s oil output, which took a hit after the massive Kashagan oil project was shut down for repairs in 2013.