Suez Canal Authority launches ‘Egypt’ tugboat factory
Egypt's Suez Canal Authority inaugurated Egypt tugboat building factory at the Red Sea Southern Shipyard in Safaga…
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No partner in sight, Twitter faces tough solo choices
The apparent lack of interest in Twitter Inc by potential suitors may force the social media company to consider…
Ericsson plans to stop manufacturing in Sweden, cut 3,000 jobs
Mobile telecoms equipment maker Ericsson plans to close the last of its Swedish manufacturing sites as part of…
Ericsson Q2 op profit falls short of expectations
Mobile telecom equipment maker Ericsson posted second-quarter operating profit and sales below market expectations…
Microsoft gives up Finland phone unit
Microsoft has confirmed it will close its mobile phone unit in Finland, cutting 1,350 jobs. The US software giant…
Super typhoon hits Taiwan, cutting power and transport
Super typhoon Nepartak hit Taiwan on Friday, driving thousands of people from their homes, disrupting power…
Nokia plans more than a thousand job cuts in Finland
Nokia is cutting 1,032 jobs in Finland as part of a cost-cutting program following its acquisition of…
Iran: Saudi Arabia cannot cover up ‘crime’ by cutting ties
Iranian President Hassan Rouhani said on Tuesday Saudi Arabia could not hide its "crime" of executing a Shi'ite…
Iran says Saudi Arabia looking for an excuse to fuel tensions
Saudi Arabia used an attack on its embassy in Tehran as a pretext to fuel tensions, Iran's foreign ministry said on…
JPMorgan uses its might to cut costs in credit card market
JPMorgan Chase & Co. is cutting prices for a group of its credit card customers and getting Visa Inc to…
