SEOUL Tech giant Samsung Electronics Co Ltd's long-time handset division chief is ceding day-to-day management of the struggling smartphone business in the biggest leadership change yet under the Samsung conglomerate's heir-apparent, Jay Y. Lee.
Online sales during Cyber Monday are showing signs of being the savior for retailers licking their wounds from weak-in-the-knees Black Friday.
Bill Gates, the world's richest man, led a group of philanthropists in vowing to plow $2 billion into clean energy through personal investments and a new fund to be set up next year.
BEIJING—An official gauge of China's manufacturing activity fell to its lowest level in more than three years, fueling fears that the world's second-largest economy may be cooling further despite a raft of government stimulus measures.
0146 GMT [Dow Jones] Crude prices are hardly moving as the market expects the Saudi Arabia-led Opec to maintain the strategy of pumping out oil at high levels to protect market share at this Friday's meeting.