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Corporate news

Microsoft latest victim in China's spy-spooked probes
The surprise visit of regulators to Microsoft’s offices across China on Monday has marked a dangerous turn for the US tech giant’s operations in China, once the hottest growth market for companies making iPhones, Xboxes, or running search engines.

29.07.2014 12:47

3D printing for the masses: Amazon launches online store
Amazon’s ambitious expansion doesn't just involve delivery drones – the company launched a new online store on Monday dedicated to selling 3D printed products.

29.07.2014 03:51

Gun manufacturer Beretta moves to Tennessee, blames Maryland's gun laws
Italian weapons manufacturer Beretta is high-tailing it out of its home state of Maryland for the greener, more gun-friendly pastures of Tennessee. The arms company is the latest to leave a so-called 'blue state' for the south due to strict gun laws.

28.07.2014 21:45

Some antibiotics with your Сheeseburger? Russia regulator probes McDonald’s
Russia’s consumer watchdog Rosselkhoznadzor has opened an investigation into the quality of food products used at McDonald’s, in addition to a lawsuit that could ban some signature products from the Russian market, curtailing operations.

28.07.2014 09:41

Malaysia Airlines wants to rebrand, considering name change
After the back–to-back tragedies of MH17 and MH370, Malaysia Airline’s reputation has been tarnished, and the airline is considering a complete brand makeover, from seeking new investors to a name change.

28.07.2014 07:49

​68 percent of Britons ‘tricked’ by small print financial fees - poll
More than half of Britons say they have been hit with extra fees on their credit cards, bank accounts mortgage or insurance in the last year. Two thirds say lenders and insurers are tricking them with dubious and difficult to compare headline prices.

24.07.2014 13:32

Sky not the limit: AirBaltic first airline to accept bitcoin
Bitcoin’s latest expansion is into commercial airspace after Latvian airline airBaltic announced customers can start using bitcoins to pay for tickets. AirBaltic is the first airline to offer a bitcoin payment option.

23.07.2014 12:59

Time Warner enacts changes to fend off any future Murdoch takeover bids
Time Warner has changed its bylaws to prevent an unwanted takeover in the future. The move comes after the CNN parent company turned down an offer to be bought out by Fox News owner Rupert Murdoch last week.

22.07.2014 23:30

‘Rotten apologies’: McDonalds, Yum say sorry after reports they used outdated meat in China
China’s most popular fast food chains Yum Brands and McDonald's have apologized to customers after they suspended meat purchases from a Shanghai-based supplier under investigation for allegedly using rotten chicken and beef in its products.

21.07.2014 06:55

US sanctions hurt Europe more than America
The Association of European Businesses (AEB), a Moscow-based business lobby, said that new US sanctions against Russia have a more severe effect on European than on American business.

18.07.2014 07:34

​BofA hiring more junior staff to ease work strain
Bank of America (BofA) has decided to hire more junior staff for its global corporate and investment banking unit. It’s an effort to ease the workload and improve the work life balance of young bank employees.

16.07.2014 07:54

UK shareholders gear up for first-ever US lawsuit against BP over Deepwater Horizon losses
Major UK shareholders in BP have joined together to sue the British energy giant in the US over lost earnings from the infamous Deepwater Horizon oil rig blast in 2010. The case is the first in the US, where awards are much bigger than in the UK.

05.07.2014 05:44

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