Hilton Worldwide announced on Friday that it is seeking to spin off majority of its real estate business and its timeshare business into separate entities.
Samsung is still the number one smartphone company in both Q4 last year and the whole of 2015 according to market research firm IDC. The Korean giant posts a total of 85.6 million shipments in the Q4 2015 clinching the number 1 spot against arch-rival, Apple, with 21.4 percent of market share. The Cupertino company, on the other hand, remains number 2 with 74.8 million iPhones shipped in Q4 with 18.7 percent of the market.
TransCanada Corp. agrees to buy Columbia Pipeline Group Inc. for a price tag of $10.2bn, marking the energy company's largest deal to date and a move aimed to expand its presence in the U.S. natural gas market.
One of the leading companies in China’s e commerce boom, JD.com has announced recently that it has been able to raise $1 billion for the financing of its financial subsidiary. The move comes at a time when the Chinese economy starts to slow down and the competition to provide online financial services between the Chinese internet giants reaches its...
AT&T and Univision Communications have not reached deal on a new distribution deal due to a disagreement over programming fees, while the nation's largest Spanish-language media company accused AT&T of discriminating against Hispanics by failing to reach a new contract.
Hilton Worldwide Holdings Inc. will join the rapid-growing midscale hotel category through its new chain called Tru, in an effort to attract younger, tech-savvy travelers.
Four bidders are fighting to purchase the UFC, the biggest mixed martial arts organization in the world with an estimated value of between $3.5 billion and $4 billion. WME/IMG, China Media Capital, The Blackstone Group and Dalian Wanda Group have submitted their respective bids.
Etsy Inc. posted a profit in the first quarter -- the first time since April 2015 when it went public -- as growth in revenue and users stayed strong, according to a company statement released on Tuesday.