Samsung Electronics is in talks on buying a stake in Chinese manufacturer of electric cars BYD Co. The transaction’s amount has not been disclosed yet. This step is intended to strengthen production for semiconductors for cars. South Korean electronics manufacturer Samsung Electronics Co. is going...

While trying to overcome hurdles to deals worth some $50 billion with Airbus and Boeing, Iranian officials and Western industry sources  were quoted in the media saying that Iran has expanded its search for aircraft and is looking to order dozens more jets.   Preliminary discussions...

According to new figures that show a sustained increase in the value of advertising aimed at wooing potential gamblers, betting firms have spent nearly half a billion pounds on TV adverts since 2012 in the UK.   According to the figures compiled for the Guardian by media analysts Nielsen,...

Pokémon Go won hearts of a little less than 21 million users in the US. Thus, the game beat Candy Crash Saga’s figure of 20 million and became the most popular game in the United States’ history. According to SurveyMonkey analytical site, Pokémon Go has become the most popular mobile game in US...

A takeover offer of stakes comes with a limited life span. The “Midea Group Co Ltd” of China reported that on Thursday at “1600 GMT”, its takeover proposal of “Germany's Kuka” for “4.5 billion euro” has received “acceptances”, whereby Kuka’s “holding” in the robotics firm will also get boost of...

The lawsuit filed against the company can be a pressure point. Facebook Inc is being examined by the “Internal Revenue Service” of the United States which is probing into Facebook’s “transfer of various rights” to a “holding company in Ireland” from company’s “worldwide business”. The said...

Dalian Wanda company, owned by China's richest man Wang Jianlin, entered into talks to buy 49% of the Hollywood film studio Paramount Pictures, according to The Wall Street Journal. Development Group Dalian Wanda, owned by China's richest man Wang Jianlin, entered into negotiations with the US...

More low and alcohol-free brews to drinkers trying to live a healthier lifestyle is planned to be served by Anheuser-Busch InBev which will soon make almost 30 percent of the world's beer.   Lower and zero strength beer will grow from a small base to make up 20 percent of its sales by the...

The European planemaker Airbus’s group chief executive said that the A380 program would not massively be driven into the red by Airbus's decision to cut production of the world's biggest passenger jet.   Airbus hopes to return to higher levels of output in the years ahead and the company...