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Investment

Lenovo buys Motorola becoming world’s third largest smartphone producer
Chinese giant PC producer Lenovo has completed the $2.9 billion acquisition of the handset unit in the iconic mobile maker Motorola Mobility, fortifying its positions in the US and other developed markets.

30.10.2014 13:37

China expected to invest $1bn in Russian solar energy
China’s Solar Systems may become the largest investor in the Russian solar power industry. The company plans to construct a plant for the production of solar panels in Russia’s Tatarstan Republic next year.

29.10.2014 14:50

That’s wizard! Harry Potter-themed hotel appears in London
A hotel in Victoria, London has unveiled Hogwarts-inspired bedrooms adorned with cauldrons and spell books. Harry Potter tours of London and visits to the Warner Bros studios where the films of JK Rowling’s books were made are also laid on.

27.10.2014 18:44

​S&P keeps Russia’s rating steady
Standard& Poor’s rating agency has held Russia’s sovereign rating steady at BBB- dismissing concerns of a possible downgrade to junk status and admitting Russia’s debt is “moderate” compared to most of the other major world economies.

24.10.2014 22:58

90% of Americans are poorer today than in 1987
The American Dream is slipping further away from the vast majority of Americans than it has in a quarter century. Now 90 percent of US households are poorer than they were in 1987, according to both a new study and the head of the Federal Reserve.

24.10.2014 17:16

Anti-Facebook social site Ello gets millions in funding, promises to stay ad-free forever
Ello, the new social-media site that exploded last month, has raised $5.5 million through investors and says a charter that was recently signed by the company’s executives will see to it that users will continue to be offered an ad-free experience.

24.10.2014 16:29

China launches new World Bank rival
China and India are backing a 21 country $100 billion Asian Infrastructure Investment Bank (AIIB) to challenge to the World Bank and Asian Development Bank.

24.10.2014 11:15

Putin meets Crown Prince of Abu Dhabi, reveals concerns over Iraq, Libya
The situation in the Middle East remains complex, with events in Iraq and Libya raising the most concerns, Russian President, Vladimir Putin, said as he met with Crown Prince of Abu Dhabi in Sochi.

23.10.2014 16:23

Elephant in your room: Google takes Magic Leap into virtual reality
Google, semiconductor giant Qualcomm and other blue chip companies have invested $542 million in venture funding into Magic Leap, a little-known company that promises to mesh virtual objects with our view of the world.

22.10.2014 14:44

Russia says Moody’s downgrades won’t hit economy
Economists in Russia say Moody’s rating cuts were largely expected and won’t have a dramatic effect on the economy, as its solvency remains strong and the debt to GDP ratio is many times lower than in most of the other major world economies.

22.10.2014 11:14

The Trans-Pacific Partnership – one sick treaty?
The secretive Trans-Pacific Partnership (TPP) will increase patent protection for the benefit of big pharmaceutical companies, but are such policies really in the interests of global health?

21.10.2014 13:48

​‘Truth blocked in US through mainstream media’
A blockade on the truth in America can be broken by billboard campaigns, like that criticizing Fox News host Sean Hannity, with the involvement of crowdfunding and cryptocurrency, Max Keiser, the host of RT's ‘Keiser Report’, told RT.

21.10.2014 11:57

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