Showing 461 - 470 of 795
Retailers brace for wave of store closures
Business, Bloomberg News, Published on 25/01/2017
» New York: Reeling from a shaky holiday season and slowing mall traffic, US retailers are facing increasing pressure to close stores as more of their business migrates to the internet.
Alibaba Olympics sponsorship deal said to be worth $800m
Bloomberg News, Published on 20/01/2017
» LONDON - Alibaba Group Holding Ltd’s deal to sponsor the Olympic Games through 2028 is said to be worth US$800 million, according to a person familiar with the matter.
Netflix soars, Esquires goes dark as TV viewers move online
Bloomberg News, Published on 19/01/2017
» LOS ANGELES - The future of television just got a little clearer.
Court rejects arrest of Samsung heir
Bloomberg News, Published on 19/01/2017
» SEOUL - A court in South Korea turned down prosecutors’ request to arrest Samsung Group’s Jay Y. Lee on alleged bribery, perjury and embezzlement, letting him stay in place atop the country’s most powerful company while they continue their investigation.
Prosecutor seeks arrest of Samsung’s No.2
Bloomberg News, Published on 16/01/2017
» SEOUL - Prosecutors are seeking a warrant to arrest Samsung Group’s Jay Y. Lee for allegations including bribery and embezzlement, a stunning turn for the scion of South Korea’s richest family groomed for decades to take over the company from his father.
Boeing wins $22bn order from Indian budget carrier
Bloomberg News, Published on 13/01/2017
» NEW DELHI - Boeing Co won an order for 205 planes from SpiceJet Ltd, marking the biggest expansion plan by the Indian budget carrier that is seeking to claw back market share from leader IndiGo.
Tencent apologises for sexually graphic game at annual party
Bloomberg News, Published on 13/01/2017
» HONG KONG - China's largest internet service provider, Tencent Holdings, has apologised for a sexually suggestive game organised at an annual party.
Japanese PM touring Asia’s youngest, growing economies
Bloomberg News, Published on 12/01/2017
» SINGAPORE - Japanese Prime Minister Shinzo Abe begins a six-day tour of Asia-Pacific nations on Thursday that includes the region’s youngest and fastest-growing economies, seeking to strengthen ties as growth at home lags.
Samsung’s Lee appears for questioning in bribery probe
Bloomberg News, Published on 12/01/2017
» Special prosecutors began questioning Samsung Electronics Co vice chairman Jay Y Lee on Thursday as a suspect in a bribery investigation, deepening an influence-peddling scandal that has already led to the impeachment of South Korea’s president.
Google, Facebook face tighter EU grip
Bloomberg News, Published on 10/01/2017
» LUXEMBOURG - Google, Facebook Inc and other internet companies will be covered by strict new European Union privacy rules that seek to limit access to consumers’ data.