Former Nokia chief executive, Stephen Elop, receives a bigger-than-expected pay-off, as the firm finalises the sale of it handset business to Microsoft.
China’s official manufacturing Purchasing Managers’ Index rose to 50.4 in April from 50.3 in March, data released Thursday showed.
China plans to get tougher on loans for iron ore imports as concerns grow that steel mills are using import loans to stay afloat. The FT reports.
Three people were killed and 79 wounded in a bomb and knife attack at a train station in western China on Wednesday, state media said.
Positive sentiment has spurred a winning streak for the pound, but some analysts are not convinced its strength will last.
Innovation is the name of the game for most tech firms. In Sony’s case, much more needs to be done on this front, analysts say.
Ethiopia gets serious about boosting its tourism industry
Soaring property prices in Brazil fuel bubble fears
Is investing really just a game of chance?
Struggling supermarket Morrisons announces it will cut prices by as much as 17% on some products, in a bid to win back customers.
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