The state government of Hong Kong said that the second quarter jobless rate falls within expected estimates.
Consumer Electronics
Azul Linhas pulls out IPO amid market slump
Azul Linhas announced cancellation of its intended initial public offering (IPO) which was previously announced last May 27.
Banks aid El Corte Ingles' debt with EUR3.8 billion loan
Spain's El Corte Ingles said on Monday that it has reached an agreement with banks to refinance its EUR5 billion debt.
Russian economy saved by good harvest
Increased volume of agricultural production propped up Russia's slow growing economy. Russia's economy exhibited indications of development in July, based on new figures released by the state statistics service.
Tesco to compete with Apple, Amazon with the launch of iPad-like tablet
Retailer Tesco would try to compete in the digital downloads market through the release of its own iPad-like tablet computer.
Latest News
A Wall Street Journal report said that Beats Electronics is planning a major buyout of HTC and generate funds to expand its newest digital streaming business Beats Music.
The Singapore government disclosed plans of improving social programs to alleviate economic strains.
XPO Logistics Inc completed its acquisition of 3PD Holdings in a deal valued at USD 365 million. Arcapita sold its North American logistics company 3PD Holding to XPO Logistics Inc.
Royal DSM announced plans of slowly transferring back-office work to India in the next couple of years.
The crews of Boeing, US Energy Department and NASA have been spread across a Cold War rocket test site to clean up and prevent contamination.
Fonterra negated the Sri Lankan ban of the company's dairy products. Top dairy exporter, Fonterra of New Zealand, cried foul over the banning of its products in Sri Lanka last Friday.
Japanese economy faced a higher deficit as overseas economies strengthens. Japan economy experienced a widening gap in its trade balance, according to a Reuters report.
The leading Hungarian tour company, Best Reisen Ltd announced bankruptcy after big losses on its Egypt and Tunisia tour packages.
It has been a week after Amazon founder Jeff Bezos announced acquisition of Washington Post, a deal said to be the convergence of old and new media.
