US ban on China’s ZTE forces telecoms to rethink business: sourcesThe US trade ban on Chinese telecom equipment maker ZTE wreaked havoc at wireless carriers in Europe and South Asia and forced operators worldwide to consider broadening their supply networks, industr...
Moonwalking: South Korea’s wage, hours policies backfire for jobless, low income workersPresident Moon Jae-in wants South Koreans to work less and earn more – and to achieve that his government has hiked the minimum wage and slashed the maximum length of the working week. But Heo Jeong,...
Didi seeks $1.5 bn car services spinoff ahead of likely IPO: sourcesChinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion, ahead of its expected initial public offering (IPO), people w...
Netflix shares tank after big miss on subscriber growthNetflix Inc’s subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company’s rapid expansion is slowin...
Reviving supersonic passenger flights to harm environment: studyReviving supersonic passenger flights will harm the environment as the jets will not likely be able to comply with existing fuel efficiency, pollution and noise standards for subsonic aircraft, accord...
Japan, EU to sign trade deal eliminating nearly all tariffsThe European Union and Japan are signing a widespread trade deal Tuesday that will eliminate nearly all tariffs, seemingly defying the worries about trade tensions set off by President Donald Trump's...