International News - Page 19
Amazon unveils all-you-can-read e-book subscription
Subscribers to the Kindle Unlimited service, which costs $9.99 per month, can read the e-books on Amazon's Kindle reader or on any device that supports the Kindle app.<br />

Facebook comes up with a new trick to woo advertisers: A 'buy' button
The new service, which Facebook described on Thursday as a test with a "few small and medium-sized businesses" in the United States, represents the Internet social networking company's latest effort to play a bigger role in the e-commerce business.

Deleted social media posts suggest Ukraine rebels shot down Malaysian airline in error
Social media posts by pro-Russian insurgents -- most of them hastily removed -- suggest the rebels thought they had shot down a Ukrainian army plane before realising in horror that it was in fact a packed Malaysian airliner.<br />
Self-driving cars, jump in paid clicks help Google revenues grow 22%
Google reported on Thursday that its quarterly profit rose with a jump in revenue and released word that its chief business officer Nikesh Arora was leaving the company.

IBM's software business just grew 1% in Q2: Why is it worrisome?
The company's software business revenue grew 1 percent in the quarter to $6.5 billion, slower than forecasts of 3 percent, as it signed fewer contracts than expected.
MH17 crash: Can Malaysia Airlines survive this second tragedy after Flight MH370?
The Ukraine crash will surely inflict more financial damage on Malaysia Airlines.

Messaging service Line files for IPO, could be valued upto $20 bn
Line's parent company, South Korea's Naver Corp, said on Wednesday that Line had filed for an initial public offering in Tokyo.<br />
Malaysia Airlines Flight MH17 shot down over Ukraine: What we know so far
Here's what is known, and what has been claimed, about Thursday's crash of a Malaysian jetliner carrying 298 people in eastern Ukraine

Malaysia Airlines crash: Insurance woes for passengers, not for airline
Investigators will try to determine whether the Malaysia Airlines actually was hit by a missile or blew up of its own accord
Malaysia Airlines crash: Analysts point towards Soviet-era Buk missile system
As Russia and Ukraine trade blame over the apparent shooting down of a Malaysian airliner, they appear to agree on one thing: the type of Soviet-era missile that brought it down.
Satya Nadella swings axe to cut 18,000 jobs in Microsoft over next year
The news sent Microsoft's stock up 3 percent in premarket trading.<br />
Pizza Hut, KFC remain optimistic about India despite sales falling 2% in three months
The parent company, Yum Brands has 714 total units in the country at the end of the second quarter, including KFC, Pizza Hut and Taco Bell restaurants.

What Fox-Time Warner deal could mean for the sports television world
Twenty-First Century Fox's plan to buy Time Warner could create an upheaval in the sports television world, creating the first meaningful challenge to Walt Disney Co's ESPN.
Audacious offer? Fox buying Time Warner could make Rupert Murdoch US media king
Murdoch's proposal, fresh on the heels of his high-profile divorce and a damaging phone-hacking scandal that involved his British tabloids, is aggressively bold
CNN could be worth $5 bn if put up for sale, claims analyst
The valuation comes after Rupert Murdoch's Twenty-First Century Fox Inc said on Wednesday it made an offer to buy Time Warner for about $80 billion.

Nadella shows off Skype translator, will it be a game changer in India?
Skype translator is likely to break the language barriers for people across the globe and thus increase productivity.
Rupert Murdoch to pursue Time Warner after $80 bn buyout offer rejected
Fox first approached Time Warner in early June and delivered a formal takeover proposal later that month, the newspaper reported, citing people familiar with the matter.<br />

After poor show of Galaxy S5, Samsung has a new problem: Apple's new iPhone 6
Samsung Electronics Co Ltd is losing smartphone ground not only to cheaper Chinese rivals but also at the high end to Apple Inc, a survey showed

AirAsia X inks deal to buy 500 units of the Airbus A330neo
Malaysian-based AirAsia X said in a statement late Tuesday that deliveries will take place between 2018 and 2024.

Insider trading case: Rajat Gupta expected to be released from prison in March 2016
India-born former Goldman Sachs director Rajat Gupta is expected to be released from a US prison in March 2016 when his two-year term on insider trading charges will end, according to his prison records.
BRICS bank to be headquartered in China but its first president will be an Indian
The new development bank of the group of BRICS countries will be headquartered in Shanghai, China, with the presidency initially held by India

China's GDP in Q2 beats expectations at 7.5%, raises hopes of recovery
China's economy, the world's second-largest, got off to a weak start this year as unsteady foreign and domestic demand dragged on exports, investment and industrial output.
Warren Buffett donates $2.8 bn, breaks his own giving record
Warren Buffett this week donated $2.8 billion of Berkshire Hathaway Inc stock to five charities, as part of the billionaire's plan to give away nearly all of his wealth.
BRICS summit: Member nations likely to have equal shareholding in new bank
Indian sources said that there was an understanding that each country would have a shareholding of $10 billion.<br />
BRICS summit: Chinese President Xi says differences should not impede growth
The Fortaleza summit has great significance in advancing BRICS cooperation as it will take stock of past progress and plan for the future.<br />
India, China, South Africa's spat over of BRICS bank HQ could delay launch
The disagreement has also delayed a decision on which of the countries will hold the first 5-year presidency of the bank.

Rajat Gupta fails to persuade federal court to overturn insider trading conviction
Former Goldman Sachs Group Inc director Rajat Gupta, serving a two-year prison term, has failed to persuade a federal appeals court to overturn his insider trading conviction.<br />
New Development Bank, BRICS' answer to Western dominance, to be launched next week
The BRICS will pool an initial $50 billion in the bank, with each country contributing an equal amount, and seek to gain international clout by offering developing nations alternative financing to the World Bank and International Monetary Fund, long dominated by the United States and Europe.
Manchester United tops sponsor's league despite miserable football season
United, majority owned by the American Glazer family and listed on the New York Stock Exchange, are determined to ensure that last season was a one-off failure and have replaced manager David Moyes after a short and unhappy tenure.
