Microsoft cuts 7,800 jobs, reorganizes phone unit
Microsoft announced plans to cut 7,800 jobs and write down the value of its struggling mobile phone division acquired last year from Nokia by some $7.6 billion.
Brazil's Petrobras slashes multi-year investment plan
Brazil's state oil giant Petrobras slashed its five-year investment plan by a whopping 77 billion dollars -- as it tries to recover from a massive corruption scandal.
30 June 2015
Air Astana leases 7 Airbus neos
Air Astana, the anchor airlines in Kazakhstan, has arranged for operational leasing of 7 Airbus planes from A320 neo family.
Twitter CEO Costolo out as growth pressure mounts
Twitter chief executive Dick Costolo is surrendering his post, handing the reins back to co-founder Jack Dorsey as the popular service struggles to boost its ranks of users.
12 June 2015
Nestle challenges noodles ban in Indian court
Nestle said it is challenging a ban imposed by India on its hugely popular Maggi instant noodles brand after tests showed they contained excessive levels of lead.
11 June 2015
Google launches company to tackle city life woes
Google unveiled a company devoted to making a thriving business out of solving big-city problems such as overpriced housing and traffic-snarled streets.
11 June 2015
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Airbus says A400M to fly at Paris airshow
Airbus said its A400M would take part in the flying display at the Paris airshow next week, just over a month after one of the planes fatally crashed in Spain.
10 June 2015
Apple aims to become online music powerhouse
Apple made its play to shake up online music with a new subscription service allowing users to stream songs, listen to playlists and connect with performers.
09 June 2015
Apple expected to turn up the music dial on Monday
Apple is expected to unveil a ramped up music service that builds on the iPhone maker's strengths in a challenge to Spotify, Pandora and other established players.
EU's Juncker says 'challenging' Greece talks to continue
European Commission head Jean-Claude Juncker said that "challenging" negotiations with Greece would continue, after late-night talks with premier Alexis Tsipras broke up without a deal.