Business News



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…




Facebook Built China Censorship Tool

Facebook Inc has quietly developed a censorship tool that could persuade China to allow the world’s biggest social media network to re-enter the world’s second largest economy after a seven-year ban, the New York Times…