Reuters

Future Of The New York Times Company (NYT) Uncertain In China

China is a difficult market for media firms especially for the foreign ones. The fact is highlighted again after the words from the New York Times Company (NYSE:NYT) CEO Mark Thompson that it’s Chinese...

Hilton, Owned By Blackstone, To Go Public Week of December 2

Hilton Worldwide, owned by the Private Equity firm Blackstone Group L.P. (BX), may issue Initial Public offering (IPO) week of December 2, says a report from Reuters citing sources familiar with the development. Blackstone hoping...

HTC Slams Rumors Of Scaling Back Production

Yesterday there were reports circulating that HTC Corp (TPE:2498) is in the process of reducing the manufacturing of its smartphones by 1 million at one of its plants, however, Taiwanese phone maker denies any...

China’s Alibaba Plans To Be Bigger Than Walmart in 2016

Chinese E-commerce giant Alibaba, after overtaking Amazon (AMZN) and eBay (EBAY) combined is now looking forward to outperform Wal-Mart (WMT), as the World’s biggest retail store in 2016. CEO Jonathan Lu of Alibaba told Reuters...

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