China accuses FedEx of 'holding up' Huawei parcels

China accused FedEx of deliberately "holding up" the delivery of more than 100 Huawei packages after the US firm misrouted some parcels from the telecom giant, state media said Friday.

Huawei planning major job cuts in US: WSJ

Chinese telecoms giant Huawei, which is subject to US sanctions over concerns about its ties to the government in Beijing, is planning to make major job cuts at its US operations, The Wall Street Journal reported Sunday.

iPhone 5 not just a phone; it's a stimulus too

Apple's iPhone 5 is one of the biggest product launches ever in the sector, and may also deliver a well-timed stimulus to the US economy ahead of the presidential election, analysts say.

Amazon 'Prime Day' becomes phenomenon as rivals jump in

It started as a simple sales promotion, but Amazon's Prime Day has now morphed into a major phenomenon joined by scores of retailers jockeying with the US colossus for a bigger slice of the e-commerce pie.

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