Recent Articles

AT&T rebrands Time Warner as WarnerMedia to avoid mix-ups

AT&T rebrands Time Warner as WarnerMedia to avoid mix-ups

The name change means one of the most iconic names in media history — Time — is nearly gone. (Bloomberg pic) NEW YORK: Time Warner will get a new name under new owner AT&T Inc.: WarnerMedia. The business, which includes HBO, Turner Broadcasting and the Warner Bros. studio, was christened with the moniker in an […]

June 16, 2018 | By | Reply More
Oil declines ahead of intra-OPEC clash over pumping more

Oil declines ahead of intra-OPEC clash over pumping more

Russian Energy Minister Alexander Novak has advocated lifting the caps as soon as July 1. Royal Dutch Shell Plc’s Brent Delta oil And gas platform waits to be dismantled. (Bloomberg pic) NEW YORK: Oil fell for a fourth consecutive week as Saudi Arabia and Russia prepared for a clash with allied crude producers over whether […]

June 16, 2018 | By | Reply More
Apple partners with Oprah Winfrey for original content push

Apple partners with Oprah Winfrey for original content push

The company said the agreement with Winfrey is a multi-year content partnership in which the two will “create original programs that embrace her incomparable ability to connect with audiences around the world.” Customers look at products as an Apple Inc. logo is illuminated at the store during the sales launch of the iPhone 6s and […]

June 16, 2018 | By | Reply More
Samsung told to pay Korean university $400 million by Texas jury

Samsung told to pay Korean university $400 million by Texas jury

Texas jury said Samsung infringed a patent of a technology known as FinFet, owned by a South Korean university. The logo of Samsung Electronics is seen at its office building in Seoul, South Korea.(Reuters pic) WASHINGTON: Samsung Electronics Co. was told to pay $400 million after a federal jury in Texas said it infringed a […]

June 16, 2018 | By | Reply More
Billionaire who helped Dark Knight rise goes all-in on AI

Billionaire who helped Dark Knight rise goes all-in on AI

Artificial intelligence, machine learning and big data will creep into all areas of the economy over the next 10 to 20 years, says Tull. Thomas Tull. (Bloomberg pic) NEW YORK: Thomas Tull scored a blockbuster ending to his Hollywood career. He sold his production company, Legendary Entertainment, to Dalian Wanda Group for $3.8 billion in […]

June 15, 2018 | By | Reply More
Trump’s China tariffs met with retaliation threats from Beijing

Trump’s China tariffs met with retaliation threats from Beijing

China will impose tariffs with “equal scale, equal intensity” on imports from the US and all the consensus the two sides reached earlier will lose effect, the Commerce Ministry said in a statement. US stock futures declined, and haven assets such as the yen and Treasuries rallied after the announcement. (Bloomberg pic) WASHINGTON: President Donald […]

June 15, 2018 | By | Reply More
Trump announces tariffs on $50 billion in Chinese imports

Trump announces tariffs on $50 billion in Chinese imports

Trump also warned of “additional tariffs” should China hit back with tit-for-tat duties on American goods and services exports. US President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, DC, US, on Friday, June 8, 2018. (Bloomberg pic) WASHINGTON: US President […]

June 15, 2018 | By | Reply More
China’s debt crackdown helps revive flagging Dim Sum market

China’s debt crackdown helps revive flagging Dim Sum market

Sales of the bonds, which are yuan-denominated notes issued offshore, total 54 billion yuan ($8.5 billion) this year, already 17% more than all of 2017. Dim Sum. (Bloomberg pic) SHANGHAI: Dim Sum bonds could be returning to fashion, as tougher financing conditions in China and strength in the country’s currency push companies to issue debt […]

June 15, 2018 | By | Reply More
China’s Yuan to get hit with $20 billion dividend onslaught

China’s Yuan to get hit with $20 billion dividend onslaught

Concern about purchases of dollars for dividend payments added to the strain on the Chinese currency, and will continue to be a focal point for the market. China’s Yuan. (Bloomberg pic) HONG KONG: China’s currency has had a bumpier ride in the past several weeks than it’s seen since it stabilized against the dollar in […]

June 15, 2018 | By | Reply More
Google buys more land in Europe for data-center construction

Google buys more land in Europe for data-center construction

Google’s data centers are used to run the company’s computing services, which enable email, maps, search, photos, YouTube and more. The logo of Google is pictured during the Viva Tech start-up and technology summit in Paris, France.(Reuters pic) BRUSSELS: Alphabet Inc.’s Google bought 70 hectares (173 acres) of land in the Netherlands as it explores […]

June 15, 2018 | By | Reply More