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U.S. Intel plans $5 billion investment in Israeli plant: minister

IntelCorpplanstoinvest$5billiontoexpandproductionatitsKiryatGatplantinsouthernIsrael,IsraeliEconomyMinisterEliCohensaidonWednesdayaftertalkswiththeU.S.chipmaker

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Pakistan's exports of services increase in six months

ByAPDwriterMuhammadSohailISLAMABAD,Feb.17(APD)--Pakistan’sexportsofservicespostedapaltrygrowthofnearlyfivepercentinthefirsthalfofthisfiscalyearrangingfromJuly20

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Andromeda galaxy was formed in 'recent' star crash: study

TheMilkyWay'sneighbouringgalaxy,Andromeda,wasformedinacolossalcrashbetweentwosmallerstarsystemsnomorethanthreebillionyearsagowhenEarthalreadyexisted,researchers

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China to set up 16-bln-USD integrated circuit investment firm

ThemunicipalgovernmentofChongqing,TsinghuaUnigroupandSinoICCapitalhavesignedastrategicagreementtosetupanintegratedcircuit(IC)investmentfirmwitharegisteredcapita

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Billions pledged for Iraq in Kuwait, but still short of goal

BillionsofdollarswerepledgedWednesdayatadonorconferenceforIraq’sreconstructionafterthecountry’sdevastatingwarwiththeIslamicStategroup,thoughtheamountsannounceds

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Uber loss leapt in 2017 as final quarter showed hope

Ride-sharetitanUberonTuesdayrevealedthatitslosseslastyearswelleddespitesignsinthefinalthreemonthsthatitwasstemmingtheredink.FiguresreportedbyTheInformationandco

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China’s payment giant Ant Financial to raise $5 bln before IPO: sources

China’spaymentgiantAntFinancialServicesGroupissaidtoraiseabout5billionUSdollarsinanewfundingroundthatcouldvalueitatover100billionUSdollars,accordingtosourcesfam

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Kering results are all Gucci

BlisteringgrowthatGuccihelpedpropelFrenchluxurygroupKeringtoanewrecordin2017,doublingnetprofitsandsendingsalesabove15billioneuros.Withitsstableofluxurybrandstha

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Beijing has invested $78 bln in transport in past 5 years

Beijinghasinvested492.2billionyuan(77.9billionUSdollars)intransportoverthepastfiveyears,localauthoritiessaidSunday.Theinvestmentrepresenteda44-percentincreasefr

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Alibaba invests another $1.3 billion into its offline retail strategy

Alibabahasfurthereditsphysicalretailfootprintafteritinvestedanotherbilliondollarsintoprojectstodevelopitsso-called“newretail”strategywhichcombinesonlineandoffli

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Foxconn files prospectus for Shanghai listing

FoxconnIndustrialInternethasfileditsprospectuswiththeChinaSecuritiesRegulatoryCommissionforitsShanghailistingreview.FoxconnIndustrialInternet,asubsidiaryofFoxco

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Foxconn files prospectus with CSRC for Shanghai listing

FoxconnIndustrialInternetCo.,Ltd.hasfileditsprospectuswithChinaSecuritiesRegulatoryCommission(CSRC)foritsShanghailistingreview,saidtheCSRConitswebsiteFriday,whi

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China's central bank unleashes 320 bln USD via new liquidity tool

China'scentralbankhasinjectednearlytwotrillionyuan(320billionUSdollars)intothemonetarymarketviaanewliquiditysupporttooltomeetrisingcashdemandaheadoftheSpringFes

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Thailand confident to drum up investments as economic zone law approved

ByAPDwriterChenJiabaoBANGKOK,Feb.9(APD)--TheThaigovernmentisgearingupforroadshowsincountrieslikeEuropeandChinatodrumupinvestmentsinThailand'seconomiczones,Somki

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Pakistan's merchandise export increase 11.11 percent

ByAPDwriterMuhammadSohailISLAMABAD,Feb.9(APD)–Pakistan’sexportincreasedby11.11percentduringfirstsevenmonthsofthefiscalyearJuly2017-June2018ascomparedtoexportsdu

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Nvidia share rise powered by data center, cryptocurrency demand

NvidiaCorp’ssharesupshotupbyasmuchas12percentinextendedtradingonThursdayasdemandsurgedforitsgraphicschipsusedindatacenters,gamingdevicesandcryptocurrencymining.

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US senator delays vote on bill to keep government running

HopesforaquickvoteonlegislationtokeeptheUSgovernmentoperatingbeyondmidnighthitasnagonThursdaywhenRepublicanSenatorRandPaulputuparoadblocktovotingbecausehefirstw