Sectors
Aeropostale to slash headcount; reaffirms Q4 outlook
The New York based teen retailer plans to eliminate its corporate headcount as its sales fall. The company also reaffirmed its outlook for the fourth quarter.
High employment rate propels German GDP
Record high employment rate and domestic spending propelled German GDP rate by 1.7 percent in 2015, according to the German authorities' calculation.
China's search engine Baidu is to be punished for pornography and commercialization
The company is accused of commercialization in the form of selling its forum's management and altering search results to show paying-websites. Last year, Baidu also faced punishment over pornography and violations of publishing regulations.
Itochu Partners with Kyudenko to Build 21 MW Solar Power Station in Japan’s Saga Prefecture
21MW Solar Power Station will be built in Saga Prefecture by two leading Japanese company. Solar power becoming an important national project since the country’s shift in policies after Fukushima in 2011 to solar energy