Tuesday, July 28, 2015   

Oil prices drop
28 mins ago
Global oil prices fell further on stubborn concerns over high supplies and slowing Chinese demand. US benchmark West Texas Intermediate for delivery in ...
GM to invest US$5b on new Chinese-built Chevrolet
33 mins ago
General Motors announced plans to invest US$5 billion to introduce a new family of cars under the Chevrolet line targeting emerging markets, co-developed by ...
Pfizer revenue, earnings fall
34 mins ago
Pfizer reported a dip in second-quarter profits, but raised its forecast due in part to higher revenues from cancer drugs and global vaccines. Earnings for t...
Fed inching towards rates move
1 hr 31 mins ago
The US Federal Reserve is getting close to raising interest rates for the first time in nearly a decade, perhaps in September. When it meets this week, thoug...
London Metals Exchange to accept yuan as security for trades
1 hr 39 mins ago
LME Clear, the clearing house for the London Metal Exchange, announced that it can now accept offshore yuan as eligible cash collateral, effective immediatel...
Vodafone to shed 1,300 jobs in Spain
1 hr 58 mins ago
British telecom giant Vodafone said it planned to lay off up to 1,300 workers, about a fifth of the workforce, from its Spanish division which bought cable prov...
Phoenix TV warns of half-year loss
07-28 18:21
Phoenix TV (2008) said today the group expected a “substantial decline in profit’’ for the six-month period ended June 30, 2015 compared with a profit of H...
UK economy rebounds
07-28 17:14
Britain's economy accelerated in the second quarter of 2015, helped by a rebounding services sector, official data showed. Gross domestic product grew by 0.7 ...
(Market turmoil) Blue chips rally despite China stock losses
07-28 17:05
Hong Kong stocks ended 0.62 percent higher today, clawing back some of the previous day's losses that came in line with a sharp plunge in Shanghai. The ben...
Android smartphones vulnerable to text hacking attack
07-28 14:57
Cyber security firm Zimperium warned of a flaw in the world's most popular smartphone operating system that lets hackers take control with a text message. “...
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