SAN FRANCISCO – Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship ahead of the social networking company’s initial public offering (IPO), a move that may reduce his capital-gains tax bill, U.S. media reported on Friday.
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NEW YORK (Xinhua) — U.S. crude oil price fell on Monday as the United States as well as Europe struggled to deal with their lingered debt problems.
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WELLINGTON (Xinhua) — Costs for New Zealand businesses rose in the quarter to the end of September, driven by a surge in electricity prices, according to the latest producers price index (PPI) issued by the government statistics agency Thursday.
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OLOMBO (Xinhua) — Maldives has launched a new tourism slogan and logo to attract more tourists from around the world after a yearlong consultation period, the government said in a statement on Wednesday.
The slogan and logo were formally approved during Wednesday’s Cabinet meeting.
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SAN FRANCISCO (Xinhua) — Intel Corp. on Tuesday reported its third fiscal quarter earnings that beat Wall Street analysts projections.
The world’s largest chipmaker reported a revenue of 14.2 billion U.S. dollars, an increase of 28 percent compared with the year-ago quarter.
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