Samsung splitting in two?

Samsung is reportedly considering splitting itself into two as proposed by Elliott Management, the US hedge fund management firm.The split would allow the Lee family to strengthen their grip on Samsung, the global smartphone leader….


Indian court bans fireworks in Delhi

India’s Supreme Court on Friday banned the sale of firecrackers in the capital region, reflecting a growing sense of urgency after a thick smog engulfed Delhi for 10 days early this month, trapping its population…


Iran optimistic on OPEC deal

Iran is still trying to be exempted from an OPEC output cut but expects the group to reach an agreement on curbs next week, the country’s oil minister said Saturday, after tensions over who should…


Iceland Suing Iceland

Iceland (the country) has grown weary of this arrangement, and on Friday took legal action against Iceland (the retailer), saying its enforcement of a trademark has prevented local firms from marketing their products using the…



Skyscanner Bought By To A China Travel Company

China’s largest online travel agency Ctrip.com  soared 7% after reporting better-than-expected September earnings and providing a rosy outlook.Revenue for the September quarter jumped 75% from a year ago to 5.6 billion yuan, at the high…


Telenor confronts $106 million fine in Norway

Norway’s telecoms operator Telenor risks a €100 million fine for abuse of a dominant market position, the country’s competition authority warned on Wednesday. Telenor said it has received a draft decision from the Norwegian Competition…