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Google: Ads business is a focal point to its profits

Google’s ad network business revenue is closer to reach USD 20 billion, making it the third straight quarters of year-over-year double-digit sales increases. The business is as important to Google’s top-line as its hardware, cloud computing and app store groups. For

Japanese economy misses fourth-quarter forecasts while Yen climbs to 15 month high

The slowest economic growth in two years and the strongest yen in 15 months highlight Japan’s ongoing struggle to revive inflation even as prices elsewhere in the developed world begin to inch higher.   Japan’s economy grew at an annualized rate of 0.5%

Buffet’s Berkshire Hathaway Insurer Expansion Plans Enters Dubai

Warren Buffett’s commercial insurance unit is expanding into the Middle East as it seeks to win over new clients in the region. Berkshire Hathaway Specialty Insurance Co. said it hired Alessandro Cerase as senior executive officer and Neeraj Yadvendu as his

Asia hit by Wall St’s tumble, China stock indexes lose 6 percent

On Friday, Asians shares dropped with Chinese equities on track for their worst day in two years, as fears of higher US interest rates shredded global investor confidence. The sell-off in global stocks that briefly looked to have ended mid-week has

Apple confirms iPhones have a serious problem

Responding to complaints, Apple has posted a statement on its website confirming a number of iPhone 7 models feature a defective component on the main logic board. Affected devices will show a “No service” message even when cellular reception is available.

Nissan to invest $9 billion in China business to drive sales

Nissan Motors and Chinese partner plans to invest $9.5 billion (1 trillion yen) over five years in China as part of a five-year investment program, to introduce over 20 electric car models by 2022 and become the largest global electrified vehicle

Jobless Claims Fell For Q4-2017 Disregarding Weak Productivity

Jointly, ADP National Employment Report and Moody’s Analytics, revealed the US private sector occupation rate, showing that the economy has added 250,000 jobs in December marking the biggest monthly increase since March 2017. Moreover, the report disclosed the number of Americans

Uber paid off hackers to hide massive data breach

Uber Technolog ies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the personal information of about 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the company’s cover-up of the

Uber appoints banking executive as first UK chairman

Uber appointed Laurel Powers-Freeling, as its first UK chairman just as it battles to retain its operating license in London, its most important European market. Uber is battling to keep its 40,000 London drivers on the road after it has been

Does Excess Liquidity Pose a Threat to Japan’s Economy?

Japanese Prime Minister Shinzo Abe’s recollected two-thirds majority in the lower house of the parliament in Sunday’s election, as reported by Reuters, paving the way for more ultra-easy monetary policy. The victory, has sent Tokyo Stock Exchange to its all-time high, while