XML US Business News

Virginia accelerator welcomes new cohort of cybersecurity companies

published about 3 hours ago
A business accelerator created specifically for cybersecurity start-ups in Virginia will welcome a new cohort of companies Tuesday, one year after its doors opened with the goal of establishing the commonwealth as a hotbed for the cybersecurity industry. Read full article >>

Luxottica CEO Steps Down

published about 6 hours ago
Luxottica Group SpA, the world's largest eyewear maker, said Andrea Guerra had stepped down as chief executive, as expected, after almost 10 years.

Business in China Gets More Perilous

published about 8 hours ago
The troubles for U.S.-based food processor OSI are a lesson in the perils faced by foreign companies in China, when operations are under unprecedented scrutiny and negative publicity can destroy a business almost overnight.

Malaysia Set to Implement Consumption Tax

published about 9 hours ago
Malaysia's government is on track to introduce a long-delayed consumption tax of 6% in April 2015, Dato' Sri Abdul Wahid Omar, minister in charge of economic planning, said Monday.

New Hope for Dubai IPO Market

published about 12 hours ago
New Hope for Dubai IPO Market
Five years after Dubai teetered on the brink of financial disaster, there are signs emerging that the emirate's IPO market is returning to life as the owner of the world's largest shopping mall prepares to sell shares to the public.