In what is the first time that data has been disclosed, Amazon.com Inc said that sales on Exclusives topped $50 million in less than a year since its launch, Exclusives is a platform for products not available anywhere else and includes more than 120 brands.   The sale revenue generated from...

As pressure builds on a company reeling from the auto industry's biggest recall, Takata Corp is preparing the ground for the exit of its chief executive reported Reuters.   The company has been tormented by a problem that has ballooned into a damaging safety scandal affecting nearly 50...

Apple Inc. has reported for the first quarter of its fiscal year and also presented outlook for the second quarter. Both reporting and forecast showed disappointing: the company recorded the lowest growth rate in the first quarter. As for the second quarter, the management even warns of probably...

In an exclusive report, the Alipay data reveals the spending habits of Chinese consumers for the year of 2015. Shangai’s people were most active as Chinese “online spenders” in the year of 2015. The “largest online payment platform” named Alipay released a review of the last year’s “spending...

As part of the sweeping changes that the company has been promising shareholders as it fends off activist investor Carl Icahn, American International Group Inc (AIG) said it would spin off its mortgage insurance unit and sell its broker-dealer network.   It would cut $1.6 billion of costs...

For the IV quarter of 2015, The American companies 3M and Procter & Gamble received a profit above market expectations. Johnson & Johnson reported an increase in profits as well, while DuPont, in contrast, recorded a loss. Procter & Gamble American Procter & Gamble Co. (P&G),...

A blockchain startup Digital Asset Holdings headed by the former executive director of JPMorgan Chase Blythe Masters has announced closing of the financing round, in which it raised $ 52 million investment. As reported by Bloomberg, the company’s financing was attended by 13 major banks and...

Thomson Reuters data shows that the weakest quarterly revenue growth on record ever is expected to be posted by Chinese e-commerce giant Alibaba Group Holding Ltd. this, experts believe would heat up the battle with smaller rival JD.com Inc in a tougher economy.    According to a...

Prompting criticism from opposition MPs and campaigners who say the "derisory" figure smacks of a "sweetheart deal", Google has agreed to pay 130 million pounds ($264 million) in back taxes to Britain.   After a Reuters investigation showed the firm employed hundreds of sales people in...