Proposed business mergers that can be threats to national security could be helped being blocked by the regulators as the Pentagon and other U.S. government agencies complete a legislative proposal in coming weeks. At present the US regulators can only block mergers based on just antitrust...

The Asia-Pacific region is attracting increasingly more attention of investors and entrepreneurs from around the world. Only in 2014, businesspeople invested $ 38.9 billion within 1357 transactions, up from $ 9.4 billion a year earlier, according to research agency Aranca. Analysts point out that...

After having pledged to help develop so-called ‘intelligent assistants’ for connected car technology, BMW, Samsung and Panasonic are working with speech recognition company Nuance to build out new intelligence to enable speech systems to more easily deal with regional or country-specific accents....

Citing a person with knowledge of the matter, reports in the Automotive News claims that Google is in talks with automaker Ford Motor Co to help build the Internet search company's autonomous cars.   It has been reported that the possible deal, if finalized, would be concluded at the annual...

In a settlement of its "London Whale" trading scandal, JP Morgan Chase & Co agreed to pay $150 million to resolve the securities fraud lawsuit by investors which had sued the suing the bank over the scandal which caused a $6.2 billion loss.   A class action lawsuit filed in the wake of...

Ending a year-long dispute, Swedish mobile telecom gear maker Ericsson announced it had signed a patent license deal with Apple Inc which send the shares of the Swedish company up by 7 percent on Monday.   It is estimated overall revenue from intellectual property rights in 2015 would hit 13...

In an overhaul that will streamline the sprawling conglomerate into a company focused on chips and nuclear energy Japan’s Toshiba has said it will cut nearly 7,000 consumer electronics jobs after a $1.3 billion accounting scandal.   The eventual job cuts spanning the entire PC-to-nuclear...

Hounded by a relentless rise in global supply that looks set to outpace demand again next year, Brent crude prices hit their lowest in over 11 years on Monday.   The price of crude is set for its largest monthly percentage decline in seven years with more barrels poised to enter the market...

Recently, there have been rumors that the US Apple may soon replace LCD displays in their smart phones panels with those made of organic light-emitting diodes (OLED). Now, it was reported that the the company from Cupertino will take control on development of such displays. According to news agency...