In an announcement that fund managers gave a tepid reception, saying limited growth prospects is likely to dull demand from institutional investors, Japan’s government on Monday said it will sell $12 billion worth of Japan Post Holdings Co Ltd stock.   The postal firm and its two units,...

Apple's revenue from iPhone sales totaled $ 760 billion for 10 years, according to Strategy Analytics’ study. For 10 years since the first iPhone was released, Apple has sold about 1.2 billion smartphones, says Strategy Analytics according to a report. The total revenue amounted to $ 760 billion....

Apple Corporation and consumers may face a shortage of supplies of iPhone 8, which will be presented to the public next week, writes The Wall Street Journal. Users may face a deficit of the new iPhone 8, which will be presented on September 12. According to the publication, this summer Apple had...

Deutsche Bank Chief Executive Officer John Cryan is confident that Frankfurt has an ideal geographical location in Europe to become the financial center of the EU after Britain leaves the European Union. "Of course, a lot of jobs will be created in cities like Dublin, Amsterdam and Paris, but none...

Best Inc. lays out its plans of using IPO for strengthening itself in the U.S. market. Best Inc. is a “Chinese logistics company” which has Alibaba Group’s backing, whereby the former has come out with its new launch of “up to $932 million”, initially starting with “public offering”. The company...

The US is preparing for a new natural cataclysm. The country has not yet coped with consequences of Hurricane Harvey, but yet another catastrophe, Hurricane Irma is moving to Florida. Its consequences may be even more disastrous than from Harvey. Meteorologists report that at the moment Irma is the...

The company aims to sell as many as more than ninety thousand vehicles yearly from its newly released range of EV. The Company of Nissan Motor Co. Ltd has put forth a target of selling over “90,000 units” of its “new Leaf electric vehicle” annually on a global scale.   The “revamped” Leaf’s...

As they grapple with cut-throat competition and the impact of a stand-off between Beijing and Seoul, Hyundai Motor Co is at loggerheads with its Chinese partner over efforts to cut supplier costs, reported Reuters.   row over a missile defense system deployed in South Korea, but opposed by...

German steel makers are suspected of cartel collusion. In particular, the Federal Office for Antimonopoly Policy of Germany is conducting inspections at the offices of the second largest metallurgical company of Germany, Salzgitter. In addition, the authorities launched an investigation in relation...