The often lucrative short-term rentals facilitated by Airbnb are often in violation of New York City zoning law or of tenants’ leases. ..
Taiwan smartphone maker HTC Corp said it plans to slash costs by nearly a quarter and sell cheaper devices in a bid to bounce back to profit in October-December. Under pressur ..
Global brewer SABMiller (SAB.L) reached a wage deal with more than 2,000 workers in South Africa on Tuesday, ending a five-week strike that had little impact on beer productio ..
China needs to sustain economic growth of 7.2 percent to ensure a stable job market, Premier Li Keqiang said as he warned the government against further expanding already loos ..
Telefonica (TEF.MC) agreed to sell its Czech business (PRA:BAATELEC) for 2.47 billion euros ($3.3 billion), to enable Spain's largest telecom operator to cut debt and foc ..
Vivendi (VIV.PA) has agreed terms to sell its 53 percent stake in Maroc Telecom (CAS:IAM) to the UAE's Etisalat (ABD:ETISALAT) for 4.2 billion euros ($5.7 billion), the l ..
The euro zone economy will expand slightly more slowly next year than previously expected because of weaker private demand and investment and inflation will stay well below th ..
The Chinese economy needs to create 10 million jobs per year and must sustain growth of at least 7.2% to achieve that, Premier Li Keqiang has warned ahead of a key meeting of ..
China's exports are forecast to have rebounded in October after a surprise fall, reinforcing the government's view that the economy has regained some momentum as its ..
Bank of Japan Governor Haruhiko Kuroda voiced confidence on Tuesday that the economies of China and the U.S., Japan's two big export markets, will continue to recover and ..