The flour business of the BUA Group has been sold to Olam International of Singapore for $275 million. The BUA Group is one of Africa’s largest food and infrastructure conglomerates.

Recent studies have suggested that mobile health apps will become people’s preferred resource over physicians apart from witnessing a growing number of users. Two-thirds of Americans have already shown a

Chang Xiaobing, the boss of one of China’s biggest companies quit as chairman and chief executive of China Telecom after his detention by Beijing in what is being termed as

With local tech start-ups joining the front line against Facebook Inc founder Mark Zuckerberg and his plan to roll out free Internet to the country’s masses, India has become a

Due to the historic fact that China’s currency, yuan’s, exchange rates at home and abroad diverge by the most in the months from December to March, the country’s authorities have

A recent Study has established the saying in the business world – once a billionaire, not always a billionaire. This was established in e recent study report by the UBS

Battling both competition from emerging market rivals and the impact of its own deteriorating finances, Japan’s Toshiba Corp may need to curb its ambitions in nuclear power even as it

The early release of the Samsung’s Galaxy S7 is being viewed as a strategic move by the company to try and gain lost market share with the latest model of

In the months leading up to the tournament, there is growing global demand for Euro 2016 tickets on the resale market. Many group stage matches are already posting big ticket

In the latest high-profile target in a corruption crackdown in China, the head of China Telecom, one of the nation’s big three telecoms firms, is under investigation for “severe disciplinary

A large number of innovative future car technologies and state-of-the-art convenience devices are being planned to be introduced by Hyundai Mobis under the exhibition concept of ‘Lifetime partner in automobiles

570,000 SUVs manufactured by Fiat Chrysler Automobiles NV would be recalled, the company announced recently. The reason for the recall is fire risks in two campaigns linked to problems with

A $1.1 billion strategic deal was signed between Singha Asia Holdings Pte. Ltd. and Vietnam’s Masan Group to buy stakes in two of the consumer goods firm’s unlisted units, the

Former Russian oil tycoon Mikhail Khodorkovsky says he is considering applying for political asylum in the UK and feels safe in London reports BBC. Khodorkovsky is a fierce critic of

Indicating that its $150 billion dollar nuclear power program is getting off the ground, India expects to seal a contract with Westinghouse Electric Co LLC to build six nuclear reactors

The British tax officials are mulling possibilities of forcing Amazon and eBay to cough up the bills for the ballooning VAT fraud associated with an army of small overseas sellers

Handing over greater control to its big investors, Apple Inc has amended its corporate by laws that would allow shareholders to nominate new board members. It is the latest of

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

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

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

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

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

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

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