Business

UK telecoms giant BT axes 13,000 jobs

LONDON, United Kingdom (AFP) -- British telecoms and television broadcasting company BT announced Thursday that it will axe 13,000 jobs…

Apple fells plans for Ireland data center over trees

DUBLIN, Ireland (AFP) -- US tech giant Apple announced Thursday it had shelved plans to build an 850-million-euro ($1.0-billion) data…

Asia markets, energy firms boosted as oil prices press ahead

HONG KONG, China (AFP) -- Crude prices continued to rally Thursday, propelling Asian energy firms and equity markets, as rising…

Oil prices down in Asia as focus turns to Trump, equities rise

HONG KONG, China (AFP) -- Oil prices slipped in Asia on Tuesday morning from three-and-a-half-year highs as investors cautiously await…

Nestle pays $7.15 billion to sell Starbucks products

ZURICH, Switzerland (AFP) -- Swiss food giant Nestle announced Monday it will pay $7.15 billion for the rights to market…

Wall Street greets mixed US jobs report; oil rises

by John Biers Agence France Presse NEW YORK, United States (AFP) -- Wall Street stocks powered higher Friday after a…

Alibaba says annual net profit up 47% in 2017/2018

by Julien Girault Agence France Presse BEIJING, China (AFP) -- Chinese e-commerce giant Alibaba on Friday announced a massive 47…

Asian markets end week with losses, eyes on US jobs data

HONG KONG, China (AFP) -- Asian markets fell on Friday, tracking another retreat on Wall Street as attention turns to…

HSBC reports $4.76 bn pre-tax profit in first quarter

HONG KONG, China (AFP ) -- Hong Kong banking giant HSBC said Friday that pre-tax profit dipped four percent to…

China’s Xiaomi submits HK filing, with big IPO expected

HONG KONG, China (AFP) -- Chinese smartphone maker Xiaomi on Thursday kicked off what could be the world's biggest initial…

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