Saudi Arabia has ruled out allegations that Iran has been targeted in the oil price war. Saudi Arabian foreign minister said that it's demand-supply situation that determines price in the global oil market. The low price is also hitting US shale oil, which involves high cost of production.
market share
Breaking News
Reuters reported that five of HTC's employees were jailed over the weekend over trade secrets breach claimed by the Taiwanese mobile phone maker.
The mobile market of Spain shrank in June which further reduced the chances of recovery for the country.
Analysts said that the telecom operators' plan to slash subsidies would boost iPhone sales.
Samsung continued to see growth in its market share.
Nan Fung planned buy a stake in Forterra Trust to increase its market share.
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