Groupon Stumbles in China, Closes Some Offices SHANGHAI – A wave of layoffs at Gaopeng.com, the Chinese arm of US-based Groupon Inc, signals a dramatic turnaround for a company that […]
BUSINESS NEWS - GLOBAL ECONOMY - INTERESTING
Teenager sells kidney for ipad2
A teenager in Huaishan, Anhui Province has sold one of his kidneys to buy an iPad2 tablet computer, as reported by SZTV on June 1. The 17-year-old man surnamed Zheng, […]
BUSINESS - BUSINESS NEWS - GLOBAL ECONOMY - Header - POLITICS
Over-investment to ‘doom’ China by 2013 – Nouriel Roubini
I recently took two trips to China just as the government launched its 12th Five-Year Plan to rebalance the country’s long-term growth model. My visits deepened my view that there […]
BUSINESS - BUSINESS NEWS - FEATURED STORIES - Header - TECH
BUSINESS - BUSINESS NEWS - GLOBAL ECONOMY - Header - INTERESTING - TECH
Top Retailer goes from Hero to Zero – wrath of Google
PRETEND for a moment that you are Google
BUSINESS - BUSINESS NEWS - GLOBAL ECONOMY - Header - INTERESTING - TECH
Nokia in dire straits – new CEO
Internal Nokia memo from the CEO Elop to the company’s employees, which several analysts have termed ‘brutally honest’.