Lin Bin, CEO of Xiaomi vowed to stop the practice of ‘flash smartphones sales’ via the company's website and start the free sale of gadgets. Chinese manufacturer of gadgets Xiaomi (pronounced "Xiaomei") abandons one of its most brilliant marketing techniques - high-speed sales of their devices via...

François Michelin, who headed the French company - tire manufacturer ‘Michelin’ - for 47 years, died. This was reported in the company’s press release. Former top manager was 89 years old. François Michelin, grandson of the founder of the company, headed Michelin from 1955 to 1999. In 1955,...

Tuesday, Online retailer Amazon announced the opening of the site for corporate clients Amazon Business, according to Bloomberg. This project is a continuation of the e-commerce service Amazon Supply, launched in 2012: it offers more than 500 000 items to customers in the industrial and scientific...

President of China Sinopec Group, one the largest oil companies of China, Wang Tianpu is under investigation on suspicion of "serious misconduct", said the anti-corruption agency on Monday. Sinopec Group is the parent company of Sinopec Corp, Asia's largest refiner. The Central Commission of...

Native Australians have shown the world that men need not act like a virus and consume the very planet that is his home. A business enterprise need not be exploitive in order to be successful. Inclusive and sustainable growth that makes business sense is not only possible but they are a prime...

With Bahamas Environmental Minister Mr. Kenred M.A. Dorsett pushing for the growth of renewable energy in the Bahamas, you can be sure that this world famous tourist hot-spot will not be just for its surf and sand but also for its ecological contribution to the safety of our planet. When it comes...

Women in Patagonia have come together and have taken the lead in healthy organic farming. Apart from their other social responsibilities, they have also gained the respects of their family members through their entrepreneurial deeds. What remains to be seen is how they will tackle the heated issue...

Although April 24 is indicated as the start of sales, purchasing the watch in the day occurred to be impossible. Two weeks ago, the company started taking pre-orders. Those, who managed to get in the first batch of goods, will receive the watches on the 24th delivered to home. Apple watch sales...

Brazil's state oil company Petrobras has written off about $ 17 billion due to corruption scandal and poor planning. The company, whose debt is approaching $ 90 billion, plans to sell the assets of nearly $ 14 billion and significantly reduce its investment program for 2015 to maintain the balance...