The high end retailing landscape of China is being partially impacted by its trade war with the United States because the affluent and luxury goods seeing Chinese customers have moved away from purchasing the costly autos but have continued with their interest in purchasing luxury handbags and...

Four European steel plants of steel and mining major ArcelorMittal would be sold out by the company to Liberty House as a part of the agreement on anti-competition with the European Commission (EU) against the acquisition of Ilva SpA (Ilva) by ArcelorMittal, the steel maker said on Friday. The...

Net profit of JP Morgan Chase, one of the world's largest investment banks, increased by 26% in January-September 2018 compared to the same period last year and amounted to $ 25.408 billion, according to an investment bank report. Diluted earnings per share were $ 7 versus $ 5.22 a year earlier. In...

According to new reports, the American companies that have seen their data stolen by Chinese spies include the likes of Apple and Amazon.   The news reports claimed that tiny chips placed on circuit boards of servers manufactured by a company called Super Micro Computer was used to steal the...

The initial public offering of the government owned Saudi Aramco would hit the markets as early as early 2021, according to the king in waiting of Saudi Arabia.   This announcement, which the market has been waiting to hear from a believable source, was made during an interview with the...

Amazon's advertising business is booming. Some advertisers convert more than half of the budget, which they usually spend on advertising on Google, into advertising on Amazon. We are talking about hundreds of millions of dollars, according to CNBC with reference to the managers of several media...

​French shipyard Naval Group, formerly known as DCNS, is getting ready to make a killing on the international market with its new Barracuda submarine. With fierce competition on a small market, Naval group has designed a new international strategy, and it has little to do with the ship itself.

Suggestions that the public conduct of United States president Donald Trump might have impacted the popularity of his luxury golf resort at Turnberry in Scotland gained ground as the business earned much less than what it had forecast a year ago.   Because of a spending of more than...

Qualcomm Inc was dealt a blow in its legal fight against iPhone Apple Inc., after a U.S. trade judge refused to pass an order to prevent the import of Apple iPhones fitted with Intel chips.    While agreeing to the allegations that there was a case of infringement of one Qualcomm patent...