The plot to return to the mobile phone market for Nokia is taking shape. The company started hiring talents for its software division as the company tests new products. Nokia has already announced that it plans to re-enter the mobile phone business after late 2016 when the embargo on the Finnish...

Shares of Japanese corporation Toshiba Corp. were excluded from the index Nikkei 400 due to errors in the financial statements, which resulted in the write-off of profits from previous years in the amount of 152 billion yen ($ 1.2 billion). According to Nikkei’s press release, its composition will...

This year, some countries announced potential opening of its markets to foreign property buyers, relying on the flow of investment from abroad. Most states have already opened the door to foreign investors, but some of them are still adheres to a fairly strict rules regarding the acquisition of...

The race to gain supremacy in the Chinese on-line market is on.   A 28.3 billion yuan ($4.63 billion) deal is expected to conclude between China’s on-line retail giant Alibaba Group Holding  Chinese electronics retailer Suning Commerce Group. Alibaba will invest the money to acquire...

After the unveiling of hacking software ‘Stagefright’, Google Inc and Samsung Electronics Co announced the release of monthly security fixes for Android phones. The world's most popular mobile operating system is the target of the newly designed hacking software.   Stagefrieght was unveiled...

Facing a dual blow of reporting net loss for the second quarter and a predicted reduced vehicle output target for this fiscal, auto maker Tesla Motors shares tumbled under pressure this week.   The American car maker had posted a $184 million net loss for the second quarter of this fiscal...

With a total debt of $4.5 billion, Coca-Cola Enterprises was rated ‘BBB+’ Issuer Default Rating (IDR) by Fitch Ratings. This rating flows a merger of two sister companies of the group - Coca-Cola Iberian Partners and Coca-Cola Erfrischungsgetranke AG into a new UK domiciled Western European bottler...

One would no longer require a Google+ account to create a YouTube channel or comment on videos after Google announced the decoupling decision of YouTube from Google+.   This move has been welcomed by many users who felt that the It giant was simply leveraging its position over YouTube to...

Following vulnerability of its software on the Model S sedan, Tesla announced on Thursday that it had already sent a software patch to address security flaws in the car. A day ago there were reports that the software system installed in the Model S sedan of Tesla was vulnerable to attacks by...