In Iraq, one of the countries at risk of losing the most is standing aside

Chinese investors have reportedly offered to buy iPhone camera supplier OmniVision Technologies. According to media reports, the consortium reportedly offered to buy OmniVision for USD29 per share in cash for a total value of USD167 million, which represents a premium of 17.9% to the company's closing price this past Wednesday. OmniVision revealed that the Chinese […]

Business district comes to a standstill as supporters of pro-establishment movement take to streets, adding to city’s summer of political discontent

American cosmetics company Avon published its financial report for the second quarter of 2014 and stated the closure of some of its retail stores caused the company's sales in China to decline by 30%. Meanwhile, the company's global performance was not so optimistic either. During the second quarter of 2014, Avon's operating revenue decreased by […]

Air China, China Eastern and China Southern blame foreign exchange losses from renminbi’s weakening earlier this year for series of profit warnings