Al-Jazeera says to cut around 500 jobsQatar's state-funded broadcaster Al-Jazeera announced a fresh round of job cuts with around 500 positions being lost.
Chinese conglomerate to buy stake in Hollywood studioChinese powerhouse Dalian Wanda is reportedly in talks to buy a controlling stake in US film studio Legendary, providing the company with a key anchor in Hollywood.
Australia's Westfield offloads five US mallsAustralian shopping centre giant Westfield Corp. said Monday it has offloaded five US malls for US$1.1 billion to divest non-core assets.
21 December 2015
Facebook ramps paid leave time for new dadsWith Facebook co-founder Mark Zuckerberg about to become a dad, the social network boosted the amount of time fathers can take off to bond with their new babies.