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McDonald's CEO pays price for growing woes Fast-food giant McDonald's replaced president and chief executive Donald Thompson, after the company turned in another poor quarter of sales and earnings last week.

29 January 2015

Yahoo announces tax-free spinoff of Alibaba stake Yahoo is spinning off its stake in Chinese Internet giant Alibaba, splitting off the valuable holdings in a move that sidesteps taxes.

28 January 2015

Apple profit hits new high on rocketing iPhone sales Apple's quarterly profit soared to a record $18 billion on the back of booming iPhone sales, especially in China.

28 January 2015

Microsoft profit dips as revenue rises Microsoft reported that its quarterly profit dipped but revenue increased in a sign that it is adapting to lifestyles centered on mobile devices and cloud services.

27 January 2015

Samruk-Kazyna cuts spendings by $1.83 bln in 2015 Samruk-Kazyna is cutting spendings and investments in 2015 amid the deteriorating economic situation.

23 January 2015

eBay to slash 2,400 jobs in bid to 'compete and win' E-commerce giant eBay will slash 2,400 jobs in the current quarter as it restructures and prepares to spin off its PayPal finance unit.

22 January 2015

Blackberry, Samsung deny takeover report Canadian smartphone maker BlackBerry's shares jumped then fell back amid rumors of takeover talks with South Korea's Samsung.

15 January 2015

Ikea recalls 169,000 baby mattresses in US The Swedish furniture company Ikea has recalled 169,000 crib mattresses after reports that two children became trapped.

15 January 2015

Google turns smartphones into real-time translators Google on Wednesday began turning smartphones into real-time language translators -- of both written and spoken content.

14 January 2015

Bonds of 22 companies held by Single Pension Fund of Kazakhstan depreciate four-fold Securities of 22 companies held by the Single Pension Fund of Kazakhstan now cost four times less then their nominal value.

10 January 2015

Woman finds 'dental material' in Japan McDonald's burger A Japanese woman has claimed she discovered fragments identified as "dental material" in a McDonald's hamburger, the company said.

09 January 2015

Coca-Cola to cut 1,600-1,800 jobs US soda giant Coca-Cola plans to cut 1,600-1,800 jobs in a cost-saving move.

09 January 2015

Troubled UK supermaket Tesco unveils revival plans British supermarket giant Tesco launched cost-cutting plans to shut stores, sell assets and axe its dividend.

08 January 2015

Intel CEO says computing 'unleashed' by wearables Intel chief executive Brian Krzanich said that computing is being "unleashed" by the move to wearables.

07 January 2015

Nissan targets growth in Brazil despite sales slump Nissan plans to maintain investment and increase its share in the Brazilian auto market.

07 January 2015

Toyota to give away fuel-cell patents to boost industry Toyota will give away thousands of patents for its fuel-cell cars, it said Tuesday, in an effort to encourage other automakers into the new industry.

06 January 2015

Russia's Gazprom buys partners' shares in South Stream project Russian gas giant Gazprom said it had taken complete control of the company behind the abandoned South Stream pipeline project, buying shares belonging to France's EDF.

30 December 2014

LG offices raided over suspected washing machine vandalism South Korean prosecutors raided the Seoul headquarters of LG Electronics following allegations that the firm's executives vandalised their rival Samsung's washing machines.

26 December 2014

Google self-driving car prototype ready to try road Google on Monday announced that the first completed prototype of its self-driving car is ready to be road tested.

23 December 2014

Brazil's Petrobras graft scandal embroils 28 more politicians The main accuser in the corruption scandal that has embroiled Brazil oil giant Petrobras gave a list of 28 politicians who had taken kickbacks.

20 December 2014

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