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Amazon

Amazon topples Google, Apple as world’s most valuable brand

Jeff Bezos’ Amazon, the US retail giant has moved past hi-tech titans Apple and Google to become the world’s most valuable brand, a key survey showed Tuesday.
Butterfly

China lifts video game ban

China just lifted its ban on new video games after nearly a year of keeping games from getting released. Its regulatory arm approved 80 new games today, as first reported by Reuters. But curiously enough, none of them are from the country’s biggest gaming company, Tencent.
(FILE) This photo taken on October 26, 2018 shows co-founder of China's Alibaba Jack Ma gesturing as he attends an international investment conference in Johannesburg. - Jack Ma, founder of Chinese tech giant Alibaba, is among the world's richest people but he has now emerged as a member of another club: China's 89-million-strong Communist Party. In an article on November 26, the People's Daily said Ma was a party member who has played an important role in pushing China's Belt and Road global trade infrastructure initiative -- a pet project of President Xi Jinping. (Photo by STR / AFP)

China’s richest man Jack Ma now a Communist Party member

Jack Ma, founder of Chinese tech giant Alibaba, is among the world's richest people but he has now emerged as a member of another club: China's 89-million-strong Communist Party.

Alibaba co-founder Jack Ma retiring at 54

Alibaba co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education.

EU must challenge PayPal, Apple in payment services

European Union countries must foster payment services that work across the continent to boost its financial sector and reduce dependence on third countries like the United States, a top European Central Bank official said Monday.
Asura

China’s most expensive movie becomes epic flop

With a $113-million budget, the most expensive Chinese film ever made has become a flop of historic proportions, pulled from theatres on its opening weekend after bringing in a paltry $7.3 million.

Uber rival Didi gets permission to test self-driving cars in California

The company is allowed to test autonomous vehicles in the state as of May 10, according to the California Department of Motor Vehicles’ website.

Alibaba acquisition values meal-deliverer Ele.me at $9.5 billion

Chinese e-commerce giant Alibaba said Monday it was acquiring full ownership of leading food-delivery firm Ele.me in a deal that values the Shanghai-based start-up at $9.5 billion.

Hong Kong stocks close down more than five percent

Hong Kong stocks crumbled more than five percent on Tuesday, making it one of the worst performers on a painful day for Asian markets after a record-breaking collapse on Wall Street fuelled by concerns over rising US interest rates.

Alibaba buys stake in Wanda Film for $750m

Troubled Chinese conglomerate Wanda announced Monday that e-commerce giant Alibaba has agreed to buy a stake in its cinema division for around $750 million, the latest sell-off by the heavily-indebted group.

Javier Mascherano nicknamed Pony Brother in China

Disgusted Chinese football fans branded Carlos Tevez “Very Homesick Boy” but they have an altogether fonder nickname for his fellow Argentine Javier Mascherano, “Pony Brother”.

Asian markets clumb again, dollar faces further weakness

Asian equities continued their positive start to the year on Wednesday following more record closes on Wall Street, but the dollar faced further selling pressure.

Meet China’s richest persons in pictures

The net worth of China's ultra-rich surged this year with Evergrande real estate mogul Xu Jiayin's $43 billion fortune catapulting him to the top, a survey released Thursday said.

China disrupts WhatsApp ahead of Communist Party meeting

Chinese authorities appear to have severely disrupted the WhatsApp messaging app in the latest step to tighten censorship as they prepare for a major Communist Party congress next month.

Recent Stories

Kidnap Victim

Gunmen abduct two Catholic priests

Gunmen have reportedly abducted two Catholic priests, Rev Fr Joseph Nweke and Rev Fr Felix Efobi from Awka Catholic Diocese.
Governor Mai Mala Buni of Yobe State has affirmed that said the progress of any nation depends on the development of its youth.

Yobe suspends traditional ruler for defiling a 6-year-old boy

Yobe State governor Mai Mala Buni has directed the suspension of the district Head of Fannami Ward, Lawan Mari from Bade Local Government for alleged sodomy with a six year-old-boy.
Kayode Fayemi

Ekiti governor congratulates SIEC, newly elected councils chairmen

The Governor of Ekiti State, Dr Kayode Fayemi, has congratulated the newly elected chairmen and councillors of the 16 local government councils, following official announcement of Saturday’s council election results by the State Independent Electoral Commission.

Femi Falana: DSS operatives apologized to judge over court’s invasion

A human rights lawyer, Femi Falana (SAN), said on Sunday that the leader of the Department of State Service (DSS) team that invaded the Federal High Court, Abuja, on Friday apologized to Justice Ijeoma Ojukwu over the incident
Nigeria Police

Police arrest three for murder

The police in Ogun State have arrested three suspects over the death of a 27-year-old man who was stabbed in the chest.