Reuters
Business
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...
Business
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...
Business
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...
Business
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...
