Xiaomi acquired approximately 6% of VeriSilicon Holdings chip maker, supporting reorganization of its strategy, in which it sees semiconductors as a center of innovation. VeriSilicon Holdings is headquartered in Shanghai, and research and development centers are both located domestically and in the...

American companies may be allowed to start selling their products and technologies to Chinese tech firm Huawei as soon as in two week, reported news agency Reuters quoting information from a senior United States government official. This is also an indication that the reduction of restrictions on...

Quotes of the company fell by 4% after appearance of information about a criminal investigation in the United States. The US Department of Justice is conducting a criminal investigation into Johnson & Johnson Corporation’s possible concealment of risks of cancer when using talcum powder,...

The world's oldest travel company, Thomas Cook, announced that negotiations with its largest shareholder, the Fosun Tourism Group, and creditor banks about a new large package of investments in the framework of recapitalization. As expected, the investor’s injection of £ 750 million into the...

The top end iPhones of Apple, which have been assembled locally in India – the second largest smartphone market of the world, by the Indian unit of Foxconn, is slated to hit the Indian market next month, according to multiple reports in India.     According to analysts and experts, this...

China wants to make it easier for automakers to meet environment quotas and offer more choice for consumers by re-classification of petrol-electric hybrid vehicles in order to give them more favorable treatment in comparison to all-petrol or all-diesel vehicles as per the regulations for green...

The world's most famous cryptocurrency, which experienced yet another parabolic growth in 2019, collapsed by 12% to $ 11,300 on Thursday. Bitcoin exceeded the 17-month high above $ 13,000 before the fall, whereas from the beginning of the year it grew by about 200%. The impulse has been increasing...

Deutsche Bank, which has been experiencing serious problems in recent years, decided to take drastic measures in order to return customers and investor confidence. The company announced a large-scale business restructuring, promising to reduce about 18 thousand employees, significantly lower costs...

In the first half of 2019, Uber, Lyft, Slack, Zoom and other companies debuted on the stock exchange, but their dynamics turned out to be ambiguous. Zoom, for example, has grown by 45% since its public offering on April 18. Lyft, meanwhile, has fallen by 22% since its debut on March 29. Provided...