Business

Business

Meredith to buy US publisher Time in Koch-backed deal

US media company Meredith Corp said on Sunday it will buy Time Inc, the publisher of People, Sports Illustrated and…

7 Min Read

German car makers warned of possible battery materials shortage

The German car industry risks running short of key raw materials for automotive batteries, hampering a planned boost in the…

2 Min Read

US Black Friday, Thanksgiving online sales climb to record high

Black Friday and Thanksgiving online sales in the United States surged to record highs as shoppers bagged deep discounts and…

3 Min Read

ECNEC approves over Rs211 billion power, social sector projects

The Executive Committee of the National Economic Council (ECNEC) approved Rs211.691 billion worth of development projects on Friday, including Rs43.99…

4 Min Read

EU privacy regulators to discuss Uber hack next week

European Union privacy regulators will discuss ride-hailing app Uber’s massive data breach cover-up next week and could create a task-force…

2 Min Read

Flat profit gives Angry Birds maker’s shares the blues

HELSINKI: Angry Birds maker Rovio Entertainment fell short of market expectations for quarterly sales and profit on Thursday, sparking a…

1 Min Read

Digital currencies will not replace physical money soon: Bank of Japan official

Financial technology is fast revolutionising the banking industry but digital currencies will not replace physical money any time soon, a…

2 Min Read

Uber to buy up to 24,000 self-driving cars from Volvo

Uber plans to buy up to 24,000 self-driving cars from Volvo, marking the transition of the US firm from an…

5 Min Read

Honda recalling 900,000 minivans because seats may tip forward

Honda Motor Co said on Saturday that it was recalling about 900,000 minivans because second-row seats may tip forward if…

1 Min Read