The Japanese government is betting heavily on infrastructure projects as it prepares to possibly double direct fiscal outlays over the next few years to lift the economy, according to the Nikkei newspaper. The new ¥6 […]
The company that runs Redbox video-rental kiosks, Outerwall, said it has agreed to be acquired and taken private by affiliates of Apollo Global Management, the private equity investor, in a deal valued at $1.6 billion. […]
Nintendo’s share price has declined the most in 26 years after the company said “Pokemon Go,” despite spectacular popularity, probably won’t generate enough profit to boost its earnings outlook. Nintendo is scheduled to announce results […]
The UK vote to withdraw from the EU is “a negative shock to investor confidence” that has increased risk to the stability of the US financial system and could lead to excessive risk-taking and borrowing, […]
Tesla has doubled the labor force working on its $5B battery factory in the Nevada desert, aiming to meet demand for its coming Model 3. Now, 1,000 workers build seven days a week on two […]
Amazon is partnering with the U.K. government to significantly expand drone testing, a move that could let the devices deliver packages to British homes far earlier than in the U.S. The agreement allows Amazon (NASDAQ:AMZN) […]
China is looking to improve policy for yuan-based cross-border services and the offshore market for the yuan while working hard to stabilize the currency, said central bank Deputy Governor Chen Yulu. Speculation has risen that […]
Twitter (NYSE:TWTR) has locked up another streaming deal. The microblogging site has previously lined up the NFL, the Pac 12 and CBS, and just last week inked a fresh deal with the NBA. Management apparently […]
Smartphones used for growing share of South Korea’s stock trades. Stock trading on mobile devices has taken off in South Korea since 2009. Trading on smartphones is projected to account for a record 30% of […]
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