Nokia smartphone sales declined in the fourth quarter
Nokia has announced a significant drop in sales for the fourth quarter in the mobile phone division, a …
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Samsung’s market capitalization dropped $28 billion in six weeks
Samsung Electronics has lost 28 billion dollars of market capitalization in six weeks, and the decline will continue …
China will punish state companies that perform poorly
China will assess the state owned companies next year and will “severely deal with” the enterprises which have …
President of the oldest bank in the world threatens to resign
Alessandro Profumo, president of Monte dei Paschi di Siena, the oldest bank in the world and third largest …
General Motors sells the 7 percent stake it holds in Peugeot
General Motors sells the 7 percent holding in the French car maker PSA Peugeot Citroen, as Peugeot plans …
Yahoo’s newest acquisition is Evntlive, a concert streaming platform
Yahoo continues its acquisitions by buying Evntlive, a platform that streams live performances. The service will be integrated …
Marjorie Scardino is the first woman named to Twitter board
Microblogging platform Twitter announced Thursday that it named Marjorie Scardino to its board. According to a Twitter announcement, …
A historic agreement between the U.S., India and China could increase the value of world trade by $1 trillion
The World Trade Organization (WTO) is close to the conclusion of the first global trade agreement in more …
Google launches a prepaid debit card
U.S. search engine giant Google will provide U.S. consumers with prepaid debit cards that they can use to …
Italy seeking 10-12 billion euros from the sale of shares in eight state-owned companies
Italy wants to get 10 to 12 billion euros from the sale of its shares in eight state-owned companies …