The weakness in the PMI was attributed to sluggish domestic and off-shore demand. The data therefore suggest that the downturn in foreign trade seen throughout much of 2015 is starting to reverse, albeit only modestly. Data last week showed profits earned by Chinese industrial...
The Wall Street Journal reported on Tuesday that Yahoo’s board will meet several times this week, during which the company’s directors will consider whether to sell Yahoo’s lucrative stake in Alibaba, the company’s core Internet business, or both.
Bill Gates, Mark Zuckerberg and several other of the world’s wealthiest tech and business titans are banding together to fight climate change by investing billions in clean-energy research and technologies. Zuckerberg and his wife, Priscilla Chan, are launching the campaign...
Tablet share of online sales declined this year, making up 15 percent of online sales on Thanksgiving, 13 percent on Black Friday, and 11 percent on Cyber Monday.
Jung Von Matt launched a holiday spot for German supermarket chain Edeka which has garnered its fair share of attention and controversy. In a sudden and very morbid plot twist, little ol’ grandpa kicks it and all his family finally come together again for the funeral.
China is being blamed for a cyber attack on Australias Bureau of Meteorology that may have compromised computer systems across the federal government, the Australian Broadcasting Corp.
Springboard Insights and Marketing Director Diane Wehrle stated: “The volume of activity in retail stores over the Friday and Saturday of the Black Friday weekend is lower than a year ago and the evidence clearly points to the fact that much of this is due to a significant...
Private employers added 217,000 jobs in November as service-sector momentum offset slow factory hiring, payroll processor ADP reported in a positive preview of Friday’s monthly Labor Department employment report.
The Reserve Bank on Tuesday left its policy rates unchanged, as was widely speculated, and promised more easing when permitted within its key task of keeping inflation under check, even as Governor Raghuram Rajan nudged the banks to pass on the benefits of earlier cuts to borrowers.