Business News

Samsung head of investor relations, Robert Yi, has revealed during a presentation in New York that the company plans to cut the number of smartphone models it produces by 25% to 30% in 2015.

Twitter’s struggle for stronger earnings growth has taken a knock after a leading US ratings agency downgraded its debt to ‘junk’ status.

Facebook has set out plans which will see promotional posts asking fans to buy something, enter a competition or install an app appear in news streams less.

Husqvarna Unveils new Street Models

Tuesday, 18 November 2014 15:44

At EICMA earlier this month, Husqvarna displayed a new Supermoto model and two prototype streetbikes, and announced its intentions to return to producing street-going motorcycles.

British media is reporting BMW will launch an i5 fuel cell vehicle with technology derived from Toyota's upcoming Mirai.

It's a known phenomenon that low gas prices depress sales of hybrids and other green cars, but how strong is that affect?

AFC Head to accompany FIFA Head to Sri Lanka

Tuesday, 18 November 2014 13:33

Sheikh Salman Bin Ebrahim Al Khalifa, the President of the Asian Football Confederation, will accompany FIFA Head, Sepp Blatter when he visits Sri Lanka from 1 to 2 December, a visit which coincides the Football Federation of Sri Lanka’s [ FFSL ] 75th anniversary celebrations, as well as the inauguration of the long awaited Jaffna Stadium.

Facebook chief Mark Zuckerberg revealed why he wears an identical gray T-shirt every day at a meeting this week with Facebook users.

UK charity single 'Do they Know It’s Christmas' by #BandAid30 has seen international support on Twitter, averaging a total of 31,500 tweets an hour on Monday.

Facebook is reportedly preparing a new office user oriented service designed to challenge LinkedIn directly in the business social networking space.