People

China's official PMI slips to 51.1 in August

An index of growth in China's vast manufacturing sector fell from a 27-month high to 51.1 in August, a government study showed on Monday, slightly less than forecast and adding to signs of growing softness in the Chinese economy.


New Apple iPhone to have "mobile wallet" function -Bloomberg

Apple Inc plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger, Bloomberg said on Sunday, citing a person familiar with the situation.

New Apple iPhone to have "mobile wallet" function -Bloomberg

Apple Inc plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger, Bloomberg said on Sunday, citing a person familiar with the situation.

The billion-dollar fall of the house of Espirito Santo

On June 9, with his 150-year-old Portuguese corporate dynasty close to collapse, patriarch Ricardo Espirito Santo Salgado made a desperate attempt to save it.


Latest News

Masayoshi Son's nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could be the biggest U.S. tech IPO of all time.
Maria Sharapova and Grigor Dimitrov are speculated to be headed for breakup following the two's alleged unfollowing of each other and not spending time before the start of the US Open. Sharapova has also publicly announced she only wants to play mixed doubles with John McEnroe despite Dimitrov saying it would be fun to play with his girlfriend as his partner.
Benedict Cumberbatch participated in the ice bucket challenge not only once, but five times. The actor however remains private about his private life as rumors describe the mystery woman to have a serious career. Cumberbatch and co-star in "Sherlock" Martin Freeman won big at the Emmy's along with show creator Steven Moffat.
"Game of Thrones" is currently filming, with Cersei's naked walk of penance allegedly set in Dubrovnik, Croatia. However, the production crew might have to look for a new location, as the city has denied a shooting permit for the scene which will feature public nudity. Actor Lena Headey attends Emmy's alongside other cast members.
Berkshire Hathaway Inc (BRKa.N) chairman and CEO, Warren Buffett, is helping finance Burger King Worldwide Inc's (BKW.N) take over of Canadian chain Tim Hortons Inc (THI.TO), the Wall Street Journal reported, citing people familiar with the matter.
The 66th Primetime Emmy Awards is happening, and everyone is tuned in. Jim Parsons has won for his performance in "The Big Bang Theory" again, while Julia Louis-Dreyfus wins in the same category for the third time in a row.
Sony Corp (6758.T) said on Sunday its PlayStation Network was taken down by a denial of service-style attack and the FBI was investigating the diversion of a flight carrying a top Sony executive amid reports of a claim that explosives were on board.
Berlin-based PR executive Herbert Franz should be a soft target for German luxury automakers - his last car was a BMW (BMWG.DE) X3 - but he can't wait to leave them behind.
Formula One needs a strong leader and Bernie Ecclestone's $100 million court settlement to end a bribery trial in Germany is positive for the sport's future, Mercedes motorsport head Toto Wolff said on Saturday.
As negotiations to resolve an increasingly bitter dispute over Indonesian mining rules teetered on the brink of collapse, the chairman of Freeport-McMoRan Inc James "Jim Bob" Moffett flew to Jakarta for last-ditch talks.
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