In March, Li Hejun, Hanergy’s Chairman Said He’s No Gambler and Weeks Later Shares Crashed

Li Hejun, the chairman of Hanergy Thin Film Power Group Ltd.

China’s PMI shrinks for Three Months in a Row; More Stimulus could be Expected

A survey conducted by a private firm revealed that the factory activity in China contracted in May, for the straight third month.

Wal-Mart First Quarter Sale and Profit Figures Miss Analysts Estimates

For the first quarter, Wal-Mart Stores Inc. reported a seven percent drop in profits and lethargic sales figures.

Prices of New Homes in China Stabilize in April Showing Hopes of Bottoming Out

For eight months in a row, the new home prices in China have seen declines and that continued in April, as compared to the previous year.

Southwest Airlines Announces Additional Domestic and International Flights and Boosts Dividend

Southwest Airlines will now fly to more number of destinations covering both, domestic and international routes.

Fake Takeover Offer Surges Shares of Avon

A fake takeover bid sent the shares and stocks of Avon rallying higher up on Thursday.

John Chambers gets Sentimental in his Last Cisco Earnings Call as CEO

Last week, Cisco announced that that it's current CEO, John Chambers will be leaving in July and will be replaced by Chuck Robbins.

Advertisers Eagerly Waiting to See Verizon-AOL Deal Work Out

Online advertising is dominated without doubt by two companies and those are Facebook and Google. Although in recent years a large number of players have come in the market starting from Amazon.

Slow Progress on Greece Talks; Markets in Europe Open Lower on Tuesday

On Monday, the nineteen finance ministers of the euro zone met in Brussels for a discussion where the main subject was the bailout plan of Greece with the reforms that are expected from Athens.

Nineteen Ministers from the Eurozone to Meet in Brussels on Monday to Discuss Greek Debt

After many months of talks, Greece has not found its way out of the grid lock on bail out talks and on Monday, will appeal for leeway from the EU member nations, who stand firm on their agenda.

Ethiopia News

Beauty queen Meron Wudneh working for Ethiopia’s homeless kids
Thu, 09/11/2014 - 11:03

Beauty queen Meron Wudneh, who was crowned Miss Africa USA at a national pageant in August at...

Health Point

Sat, 03/07/2015 - 12:48

The World Health Organization (WHO) has suggested that people should reduce their sugar intake...

News from Nigeria

Tue, 09/23/2014 - 10:54

The divorce case of famous Nigerian couple-pastors Chris Oyakhilome and his wife Anita...