Visual China Group Acquires Bill Gates-Owned Corbis Entertainment’s Image Library, Taps Getty Images For Distribution
The Chinese image licensing company also struck a deal with Getty Images, which will take on the exclusive distribution of Corbis content outside China.
Viacom Chairman Sumner Redstone To Undergo Psychiatric Examination, LA Court Rules
Sumner Redstone’s former companion, Manuela Herzer, had asked for an examination to be conducted by her chosen psychiatrist as evidence in an ongoing legal case.
Nuclear Missile Damaged Due To Human Error In 2014, US Air Force Says
The incident happened in 2014 at an underground launch silo in Colorado, the U.S. Air Force reportedly said.
Davos 2016: Russia Seeks Internal Reforms To Offset Sanctions And Fall In Oil Prices
As Russian revenues from oil exports fall and sanctions over Ukraine isolate the economy, the country is realizing the need to make it easier for its companies to do business.
Davos 2016: Panel On Africa Bets On Public-Private Partnership Model For Growth
The panelists at the World Economic Forum summit identified power supply, technology and skills as the best ingredients to ensure growth.
Davos 2016: Geopolitics The Biggest Risk To Growth Of Global Economy
Tensions between Iran and Saudi Arabia, political turmoil in Brazil and uncertainty over growth in China were all matters of concern, according to a panel at the World Economic Forum in Davos.
IMF Cuts Global Forecast For Next 2 Years, But Growth Set To Be Faster Than 2015
Gradual economic recovery in big emerging markets like Brazil and Russia could offset the ongoing slowdown in China.
Amnesty Links Large Multinationals, Including Apple, Samsung And Sony, To Suppliers Using Child Labor
Apple, Samsung, Sony and other companies use cobalt, a battery component, unearthed by very young children, according to a new report.
Asian Stock Markets Down, China Bucks Trend Again, Europe Trades Flat
Crude oil prices, hit afresh by the impending supply from Iran, affected Asian markets, while China's intervention in the yuan apparently helped its markets post gains.
Income Inequality: 62 Individuals Own Half The World’s Wealth, Report Says
A report by Oxfam, released ahead of the World Economic Forum, looked at the increasing financial inequality globally and urged world leaders to act.
Germany GDP: First Estimate For 2015 Economic Growth Shows Acceleration Amid Global Slowdown
The eurozone’s biggest economy grew at a marginally faster pace compared to 2014 even as global economic growth slowed, according to a preliminary estimate.
Asian Stock Markets Trade Lower, Oil Hits Fresh 12-Year Low
European markets took their cues from falling Asian stocks, while Chinese indexes moved into positive territory.
World Stock Markets Post Gains, China Bucks Trend Despite Better Than Expected Trade Data
Better than expected trade data from China, a positive close in the U.S. markets Tuesday and an uptick in oil prices made for positive triggers.
Hackers Take Down Nissan’s Global Website To Protest Japanese Whaling
The hackers, who claim to be affiliated with the group, Anonymous, were reportedly protesting Japan’s continued whaling program.
Oil Heading Toward $20 As US Dollar Appreciates: Reports
Morgan Stanley analysts reportedly view factors such as a strong dollar and a weak yuan as hurting the price of crude oil further.
US Treasury Got $117B From The Fed In 2015; $19.3B To Fund Federal Highway Bill
The amount included $19.3 billion that will fund federal transport infrastructure projects, the Fed data showed.
CallBrussels, A New Tourism Initiative To De-Link Brussels With Terrorism
The CallBrussels initiative allows potential visitors to call public phones in the Belgian capital and ask locals about either its everyday life or its security status.
Yahoo Reconsidering Selling Internet Business Instead Of Spinoff: Report
In another reversal, the online company is reportedly considering not a spinoff but a sale of its internet business.
Global M&A Activity In 2015 Worth $4.28 Trillion, Highest Ever
The past year saw deals worth nearly $4.3 trillion — significantly above the previous peak, before the financial crisis, according to a Thursday report.
China Markets Up, North Korea Nuclear Test Spooks Other Asia-Pacific Markets
Institutional investors want lesser government intervention in the stock markets, which analysts say is propping up share prices in the world’s second-largest economy.
Asian Markets Down Again On China Worries, Europe Follows Suit
Disappointing eurozone inflation data helped keep European markets in the red while U.S. markets seemed set for a subdued start.
Periodic Table Gets 4 New Super-Heavy Elements Completing Its Seventh Row
The grid was last updated in 2011 and this will be the first time that an element will be named in Asia.
India Tax Reform: Government Hopeful Of Passing GST Bill In Next Parliament Session
The country’s finance minister expects the bill to be passed in the next session of the parliament, which begins in the last week of February.
Israel Charges Suspected Jewish Extremists In Arson Attack That Killed 3 Palestinians
An adult and a minor were charged in the case, while two more Jews were charged in other cases of violence against Palestinians.
India Terrorist Attack: 4 Terrorists Killed, 2 Holed Up As Operations Continue, Says Home Ministry
One officer was reportedly killed and three soldiers were injured in two blasts inside the base Sunday, while the Home Ministry says operations against two terrorists continue.
China Rejects Vietnam’s ‘Unfounded Accusation’ Over South China Sea Plane Landing
China rejected Vietnam's accusations, and said that the flight was conducted to test if the country's airfield, built on the disputed islands, was fit for civil aviation.
Gas Leak In South London, Hundreds Evacuated
A "large gas leak" in south London led to the evacuation of hundreds of residents on Saturday night.
Turkey Arrests 2 ISIS-Linked Men On Suspicion Of Plotting New Year’s Eve Terror Attacks
Police seized suicide vests during a raid and arrested two men, both Turkish nationals said to have links to the Islamic State group.
Russia's Space Program Faces Cutbacks In Troubled Economy
As the Russian economy languishes, its ambitious space program — including missions to the moon — is taking a hit.
Philippines To Join China-Led AIIB, To Become Last Founding Member
The country will sign the articles of agreement by tomorrow, to become the last of the bank’s 57 founding members.