Economy

Nike's astute stage-managing of the #Breaking2 project on social media, and the subsequent widespread attention it has received from the world's press and broadcasters, bears more than a passing resemblance to the Red Bull Stratos jump from the edge of space in October 2012, which hitherto had been considered the high watermark of content marketing productions.
  • Berkshire Hathaway annual meeting

    Economy

    Berkshire's top two executives on Saturday acknowledged that they missed out on investing in Google years ago, but they expressed pride in the company they built through acquisitions and said they believe it would thrive for decades to come.
  • Brexit: Donald Tusk says EU-27 must remain united

    Brexit: Donald Tusk says EU-27 must remain united

    Economy

    Though the European Union leaders reiterated its wish to have Britain as a "close partner" in the future, they underlined that "a non-member of the European Union, that does not live up to the same obligations as a member, can not have the same rights and enjoy the same benefits as a member".
  • Macron wins French presidency by emphatic margin: projections

    Economy

    Le Pen's projected 35 percent score dashed her hopes that the populist wave which swept Donald Trump into the White House and led Britain to vote to leave the European Union would also carry her to France's presidential Elysee Palace. She ran on a vocally anti-Islam and anti-immigrant platform, and had she won, it could have destabilized the European Union and fueled more bigotry throughout the region.
  • Jean-Claude Juncker: 'English is losing importance'

    Economy

    His reason? "Slowly but surely English is losing importance in Europe". "When we have a British government immediately after the United Kingdom election, we'll be very busy in engaging constructively in Article 50 negotiation for which we are ready", he added.
  • Dulux owner Akzo Nobel owner rejects third PPG takeover bid

    Dulux owner Akzo Nobel owner rejects third PPG takeover bid

    Economy

    PPG's latest offer in cash and shares on April 24 values Akzo's stock at around 96.75 euros per share. Akzo Nobel has the backing of the Dutch government to resist PPG, however, the rejection of the takeover will inevitably anger some shareholders, including activist investor Elliott Advisors .
  • US, Philippines open 'scaled down' Balikatan

    US, Philippines open 'scaled down' Balikatan

    Economy

    Those expected to witness the opening ceremony are Defense Secretary Delfin Lorenzana, AFP Chief Eduaro Ano, acting Foreign Affairs Secretary Enrique Manalo US Ambassador Sung Kim and dozens of local and foreign journalists from China and Taiwan.
  • North Korea Detains Fourth American Citizen Due To Alleged 'Hostile Acts'

    Economy

    North Korea has detained another American who worked at a private university in Pyongyang, taking to four the number of US citizens being held by Kim Jong Un's regime. In a statement, Pyongyang University of Science and Technology said Kim was doing agricultural development work with the university's agricultural farm.
  • Funny Star Wars Day Tweets from a Galaxy Far, Far Away

    Economy

    But all the franchise's live-action movie premieres in May, past and future take place in the latter weeks of the month. On the game side of things, Galaxy of Heroes won out, with LEGO Star Wars Yoda II hot on its heels, and Star Wars : Force Arena, LEGO Star Wars : The Force Awakens , and Star Wars : Commander bringing up the rear.
  • Commonwealth of Puerto Rico Bankruptcy Filing Initiated

    Commonwealth of Puerto Rico Bankruptcy Filing Initiated

    Economy

    A spokesman for the Treasury Department did not respond to a request for comment. The island's financial crisis is so bad that Congress installed a Fiscal Oversight Board to call the shots a year ago. The lawsuit asks the court to block Rossello from implementing a blueprint for fiscal turnaround that was approved by the oversight board in March.
  • Alanis Morissette's ex-manager jailed for six years over fraud

    Economy

    After admitting to stealing almost $5 million from Morissette, Schwartz initially asked to serve one year and one day in prison followed by a year of house arrest and 2,000 hours of community service. Morissette told a Los Angeles judge Wednesday that Schwartz "stole a dream", the Canadian Broadcasting Corporation (CBC) reported. When first confronted about the irregularities in Morissette's accounts, Schwartz lied and said the funds were an investment in an illegal marijuana-growing ...