Sectors
India court orders Xiaomi to suspend smartphone sales
An Indian court has ordered Chinese budget smartphone maker Xiaomi Technology Co Ltd [XTC.UL] to temporarily stop selling its devices in India, the Economic Times newspaper reported on Thursday, citing legal documents.
Amazon job posts hint at global ambitions for same-day delivery
Amazon.com Inc is considering expanding its same-day delivery program globally, recent job listings show, underlining the importance of fast shipping to its ability to compete with the instant gratification offered by brick-and-mortar stores.
U.S. manufacturers group opposes stricter Internet regulations
The U.S. National Association of Manufacturers on Wednesday wrote to congressional and Federal Communications Commission leaders to oppose potential stricter regulations for Internet service providers.
OPEC cuts 2015 demand forecast for its oil to lowest in a decade
Global demand for OPEC crude in 2015 is expected to fall to the lowest level in more than a decade and far below current output, the group said on Wednesday, pointing to a hefty supply surplus without OPEC output cuts or a slowdown in the U.S. shale boom.