German automaker BMW on Wednesday unveiled its latest version of its BMW 7 Series at its global headquarters in Munich. The BMW 7 Series is top of the line luxury sedan and is a status symbol, especially in European countries.
Sectors
Alibaba to launch Netflix-like video streaming service in two months
Alibaba Group Holding Ltd (BABA.N) will launch an online video streaming service in China in about two months, hoping to emulate the U.S.'s Netflix Inc (NFLX.O) and HBO, the firm's head of digital entertainment said on Sunday.
Foxconn to build Apple iPhone plant in India
In the near future, iPhones as well as iPods and iPads may be manufactured in India. The main manufacturing partner of Apple Inc, Foxconn Technology is said to be in talks with the Indian government in order to build its manufacturing units in western Indian state of Maharashtra, according to a Reuters report.
China to extend economic diplomacy to EU infrastructure fund
China will pledge a multi-billion dollar investment in Europe's new infrastructure fund at a summit on June 29 in Brussels, according to a draft communique seen by Reuters - Beijing's latest round of chequebook diplomacy to win greater influence.
Box raises full-year forecast as more customers sign up for cloud storage
As the company enjoys a rapidly growing subscribers for its content-sharing platform, Box Inc, the cloud storage provider, raised its full-year forecast. Share value of the company increased by 8.7 per cent in the extended trading on Wednesday.
Latest News
Google Inc (GOOGL.O) said on Friday that it is launching a live streaming gaming service called "YouTube Gaming", creating a rival to Amazon.com Inc's (AMZN.O) Twitch service.
Ride-hailing service Uber Technologies Inc plans to invest more than $1 billion in China this year as the controversial ride-hailing app looks to rev up growth in the world's second largest economy, an executive at the firm said on Friday.
BlackBerry (BB.TO) is considering equipping an upcoming smartphone with Google Inc.'s (GOOGL.O) Android software for the first time, an acknowledgement that its revamped line of devices has failed to win mass appeal, according to four sources familiar with the matter.
Microsoft corp will be showing off its latest offerings at the Xbox E3 show next week. In what could be a preview of the things to come, the company yesterday unveiled Xbox One console, with a new matte finish and 1TB of on-board storage space.
Virgin Atlantic [VA.UL] plans to decide within six months on how to replace seven Boeing 747s it flies from London’s Gatwick airport, and could expand its overall fleet in the process, the British airline’s chief executive said Thursday.
Crude oil prices fell on Thursday as players took profits from the past two days of gains, turning bearish after the dollar's rise against the euro on Greek debt worries weighed on demand for commodities.
Playing down the threat to his business from the world's most valuable company, the founder of music streaming service Spotify said the industry was big enough for several players and his firm did not have to be number one.
The popularity and impact of 3D printers is growing rapidly - be it in the automobile sector, medicine, food, and more. Cars, rockets, a baby's skull, and even guns have been created using this technology. With its endless usage there seems to be nothing that it can't help create. And now the technology is being used to create fabric.
Electronics giant Sony Corp's sophisticated image sensors are being used by top smartphone makers Apple Inc and Samsung Electronics to build their products. The image sensors has turned out to be Sony's top-selling product, giving a boost to the company's ailing financial health.
