As it steps up its challenge to Netflix, Amazon.com announced on Wednesday that its Amazon Prime Video, the e-commerce giant's streaming service, has expanded to 200 countries.   In territories where it is available such as France and Italy, current customers of Prime are given the...

The time when China was seen as the world’s biggest business opportunities by a lot of American companies may be over.   Following Yum Brands’ ' decision to do something similar and spin off its China operations into a new firm called Yum China last month, this...

Eschewing the market's expectation for a cut as the new demonetization policy continues to play out, India's central bank stood pat on interest rates.   As India has faced a cash crunch, the view that the Reserve Bank of India (RBI) would keep its main policy rate unchanged at 6.25 percent...

A new wave of dealmaking in a pharmaceutical industry seeking to buy its way into growth could be spurred by U.S. President-elect Donald Trump's plan to incentivize U.S. companies to repatriate their swelling overseas cash piles.   Rather than bring it home at a 35-percent tax rate, big U.S....

Driven by Advances in battery technology and the growth of autonomous driving and ride sharing - suited to electric vehicles, many carmakers are predicting a significant shift to electric vehicles in the next decade.   But up to 2040, electricity will play only a bit part in transport,...

After OPEC agreed to cut crude output to clear a glut, oil swept to a six-week high on Thursday, lifting energy shares in its slipstream. On the other hand, on prospects that resulting inflationary pressures will lead to higher interest rates, there was a rise in bond yields.   On Wednesday,...

With Saudi Arabia accepting "a big hit" on its production and agreeing to arch-rival Iran freezing output at pre-sanctions levels, OPEC has agreed its first limit on oil output since 2008, sources in the producer group were quoted by the media as saying.   After Riyadh signaled it had...

In relation to Apple’s mobile digital payments system, permission to collectively bargain with Apple Inc is likely to be denied to four local banks in Australia by the country’s antitrust regulator, the agency said on Tuesday.   Australian Competition and Consumer Commission Chairman Rod...

It has become difficult for the Organization of the Petroleum Exporting Countries to reach a global output-limiting deal when it meets on Wednesday as Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production.   Efforts to bridge differences between OPEC's de facto...

The secret of Japanese electric car maker GLM’s competitiveness is out. This automaker, also dubbed as ‘Japan’s Tesla’ by some sells the technology platform to rivals in addition to selling its own flashy sports cars.   This revelation was made by the chief financial officer of the company...

Keeping crude oil output at current levels could be justified as the oil market would balance itself in 2017 even if producers did not intervene, believes Saudi Arabia's energy minister Khalid al-Falih who said this on Sunday.   The Organizaiotn of Petroleum Exporting Countries would...