South Korean chipmaker SK Hynix, the second largest manufacturer of DRAM-memory, is going to spend 31 trillion won, or $ 26 billion, to build two new plants at home. Construction is expected to be completed by 2024. The company did not specify what kind of production the plants will produce. It is...

In its official blog posted on Monday, Blackberry outlined its change of plans for business in India. This blog was placed by the company following news reports about the decline of the company in one of the most promising smartphone and mobile telephoney market in the world. The official note...

Through the acquisition of American Appraisal Associates, in early 2015, Duff & Phelps killed two birds with one stone. On the one hand, the almost-centenary advisory firm became the largest provider of valuation services in the world. On the other hand, Duff & Phelps is now well positioned...

The Marshall plan had many facets. One of them was, of course, to pull Europe out of certain misery, which had already plunged the continent into chaos too many times before. But to lock in the American economic and industrial superiority was also a goal. Ever since, American weapons exports have dominated the world of military business. An era which could be coming to an end.

Foreign automakers in China are starting to experience difficulties. Hard times for the Chinese economy have led to the fact that factories, such as General Motors Co. and Volkswagen, are not working at full capacity for the first time in a long time. Global automakers have already announced that...

As per Der Spiegel weekly, Germany’s tax inflows have significantly boosted its revenue albeit some officials and state are of the opinion that even more money will be required since the number of refugees have quadrupled to 800,000. As per reports emanating from the Der Spiegel weekly, sources...

Facebook treads carefully when comes to dealing with Instagram generated revenue; although the company has plans on exploring new horizon with the help of this app. Facebook has plans up his its sleeves to boost its profit margin. Although, it didn’t have dramatic effects of Yelp and Twitter, the...

The People's Bank of China (PBOC, the central bank of the country) is likely to reduce the reserve requirement for banks by 0.5-1 percentage point in the coming weekend, believes economist at HSBC in Hong Kong Julie Wang. The signals of weakening of the Chinese economy, as well as a sharp reduction...

Daimler wants to cooperate with It giants Apple and Google to help develop the next generation autos. Chief executive of the company, Dieter Zetsche said that the next generation autos, slated to ultimately be auto driven and driverless, cannot be built without greater input from telecoms and...