According to exclusive data provided to CNBC by Cardlytics, a credit-card linked marketing firm, we can see exactly how common the top gifts are...
According to official data, Eurozone economy grew by a stronger-than-expected 0.3% in the last three months of 2014. Eurostat, European statistics agency, also said gross domestic product (GDP) in the currency bloc rose by 0.9% across 2014 as a whole...
The center is named Baidu Yizhuang New-generation Search Data Center (first phase) and financial terms of the deal were not released.. According to China Mobile, this will become the industry's first large-scale cloud computing center which targets mobile Internet businesses...
According to the agreement signed by the two parties, Lenovo and Cyberport will cooperate in various sectors, including science and technology development and innovation; talent training and employment; local cloud computing; big data; and Internet industry development...
Shares of First Solar surged nearly 5% on the news and continued to rise in the after-hours trading session; Apple, too, saw its stock gain on the news, closing for a 1.9% gain and a market cap above $700 billion...
Settlement of the anti-trust dispute with Chinese regulators appears to be only the beginning of Qualcomm's woes, as mobile chipmaker now faces a new investigation into its business practices in South Korea...
On Thursday Sweden’s central bank cut its main interest rate into negative territory for the first time and announced a bond-buying program, joining a widening group of central banks trying out unconventional measures to battle low inflation...
Mark Carney, Bank of England's governor, has cautioned that interest rates may rise earlier than the City expects, although the Bank of England expects that inflation will become negative for the first time in more than half a century, The Guardian reports...
On Thursday the International Monetary Fund said it would provide a new four-year $17.5bn bailout for Ukraine that is expected to lead to a restructuring of Kiev’s privately-held debts so that it can shore up its public finances, Financial Times reports...
Greece “gets so much noise from everyone, that it’s so fascinating that it causes the typical mom and pop that are saving not to want to invest because they’re afraid,” BlackRock Inc. President Robert Kapito said in an interview in Miami...
Tesla Motors Inc. Chief Executive Elon Musk thinks that the company’s market capitalization could equal the one of Apple Inc.’s in 10 years, says MarketWatch. Musk made the comments on a conference call with analysts following Tesla’s unexpected quarterly loss...
China's 1.3 billion citizenry is about to embark on the biggest movement of people in the world to celebrate the Lunar New Year with family and friends. Factories, schools, government offices - everything reminding of work - will be closed...
"We cannot go back to the era of bailouts," said Prime Minister Alexis Tsipras, as MPs debated and approved a government programme that sets this country on a potential collision course with the rest of the eurozone. "That would mean the end of popular sovereignty...
Egypt will join Russia-led Eurasian free trade zone, which includes Russia, Armenia, Belarus, and Kazakhstan, Egyptian President Abdel al-Sisi announced at a joint news conference with Vladimir Putin...
Chinese telecom device maker Huawei announced in Xi'an that the company has completed the construction of a network functions virtualization open lab with an initial investment of over USD5 million...
The tech giant has become the first company to reach a market value of $US700 billion, as news of its gains in the smartphone market and soon-to-arrive smartwatch boosted its shares...
How much is a good website domain name worth these days? An insider from Qihoo 360 confirmed that the company has invested USD17 million, which is about CNY110 million, to acquire the top-level domain 360.com. This top-level domain was previously owned by telecom carrier Vodafone...
US chipmaker Qualcomm has agreed to pay $975m to Chinese authorities to terminate a 14 month anti-trust investigation into its patent licensing practices...
Russia's Finance Minister Anton Siluanov said the country will ratify an agreement on the New Bank for Development set up by BRICS before the end of this month or at the beginning of March. Other participants will ratify the agreement later, Siluanov said, quoted by TASS...