Chipmaker Nvidia on Sunday unveiled a new processor aimed at powering high-end graphics on car dashboards as well as sophisticated auto-pilot systems.
Country
Euro falls to nine-year low; Greece and ECB in focus
The euro slumped to a nine-year low on Monday as investors bet that the prospect of inflation across the region turning negative and mounting political uncertainty in Greece will force the European Central Bank to unleash quantitative easing.
China abolishes rare earth export quotas
China has scrapped a quota system aimed at restricting exports of rare earths, a group of 17 metals used in high tech sectors, as it moves to comply with a World Trade Organisation (WTO) ruling last year, official Chinese media reported on Monday.
U.S. consumer regulator to write new rules for payday loans
A U.S. regulator focused on consumer protection is planning the first federal regulations ever for lenders that make small loans to borrowers seeking cash before their next pay day, The Wall Street Journal reported on Sunday.
Henkel wants to expand in hair care, mulls M&A
German consumer goods and industrial glue maker Henkel wants to expand in the area of consumer branded goods and hair care and could consider a large acquisition, the company's chairwoman told German newspaper Welt am Sonntag.
Latest News
Apple’s forthcoming smartwatch poses a conundrum for advertisers: How to tap the enticing possibilities of the tiny gadget without overwhelming consumers with messages.
Global Resorts, the investment vehicle of Italian tycoon Andrea Bonomi, has decided not to raise its offer for struggling French resort operator Club Mediterranee and to withdraw its bid, ending France's longest-running takeover battle.
Venezuelan President Nicolas Maduro said on Sunday he will visit China and several unspecified OPEC countries during a week-long tour meant to improve the South American nation's finances, which have been weakened by tumbling crude prices.
Japanese manufacturing activity showed sustained growth in December, a survey showed on Monday, suggesting domestic demand continues to recover after the economy fell into a surprise recession last year.
U.S. crude and Brent futures dropped to fresh 5-1/2-year lows on Monday as worries about a surplus of global supplies amid weak demand continued to drag on oil markets.
The euro tumbled to its lowest since early 2006 in Asia on Monday as a wave of stop-loss sales were tripped on the break of major chart support, sending the U.S. dollar flying higher against a range of competitors.
Fast-growing Chinese tech firm Xiaomi Technology Ltd Co [XTC.UL] booked 74.3 billion yuan ($11.97 billion) in pre-tax sales last year, up 135 percent from 2013, the firm's chief executive Lei Jun said on his official microblog account on Sunday.
The union representing American Airlines pilots approved the carrier's final contract offer late Saturday, paving the way for a retroactive 23 percent wage hike if its members concur in a vote this month.
Undaunted by a run of horrific factory accidents that have hit Bangladesh's garments industry, two entrepreneurs bought Adorn Knitwear Ltd earlier this year.
