BusinessLatest Business and Company Updates
Alibaba posts record Singles' Day sales, but growth slows
By Catherine Cadell | SHENZHEN, China SHENZHEN, China Alibaba Group Holding Ltd (BABA.N) Singles' Day festival posted a record 120.7 billion yuan ($17.73 billion) worth of sales on Friday, though the
Region
Exclusive: Paramount CEO Grey to depart as soon as next week – sources
Brad Grey, the chairman and chief executive officer of Viacom Inc's (VIAB.O) Paramount Pictures film studio is expected to leave with an announcement coming as early as next week, according to two sources familiar with the situation.Grey's departure from the
Automakers seek to cut inventories with Black Friday, holiday promotions
By Bernie Woodall | DETROIT DETROIT Automakers in the United States are ramping up holiday sales promotions ahead of Black Friday,
Toyota to expand hybrid system development to further cut emissions
TOKYO Toyota Motor Corp said on Tuesday it will expand the development of its gasoline-hybrid technology over the next five years to speed up the introduction of lower-emission engines in the face of stricter global emissions standards.The announcement was the
