French PM says opposed to Renault, Nissan mergerFrench Prime Minister Manuel Valls said he was opposed to a full merger of Renault and Nissan, but wanted to "preserve the alliance", following a week of mounting tensions over the role of the state in the carmaker.
09 November 2015
Facebook soars to new heights on upbeat earningsFacebook shares rocketed to an all-time high as investors welcomed solid earnings for the social networking giant, which has seen big gains in advertising and better connections in mobile and video.
06 November 2015
Moody's cuts VW's credit rating amid emissions scandalMoody's hit embattled German automaker Volkswagen with a credit downgrade, saying the company's reputation and earnings were at risk from the growing emissions cheating scandal.
Samsung unveils $10bn share buyback with Q3 profit surgeSouth Korea's Samsung Electronics pulled out of an extended earnings dive, reporting a nearly 30 percent surge in third-quarter net profit and announcing a $10 billion share buyback.
29 October 2015
VW skids into red in wake of pollution scandalGerman auto giant Volkswagen said that the global pollution-cheating scam it is currently embroiled in pushed it deeply into the red in the third quarter and would hurt earnings for the whole of 2015.
Facebook expands smartphone alerts to news, weatherFacebook, making a bigger push to deliver personalized information to its members, said it was expanding its mobile alerts to include sports scores, weather updates and local news updates.
Italy's Fendi sets up home in fascist follyLuxury fashion company Fendi unveiled its new headquarters in a long-abandoned, now renovated architectural folly created by the WWII fascist leader Benito Mussolini in Rome.
YouTube Gaming adds mobile play streamingYouTube Gaming ramped up its challenge to Amazon-owned Twitch by adding streamed play of mobile games and a new subscription option.
Russia's Gazprom delays pipeline project amid Turkey tensionsRussian gas giant Gazprom said its TurkStream pipeline project with Turkey would be delayed as tensions between Moscow and Ankara peak over Russia's intervention in the Syrian conflict.