Business

Amazon Shipped More Than A Billion Items in the 2016 Holiday Season

Although you can buy nearly anything on Amazon.com, most people chose to buy an Echo Dot. For millions of homes, Alexa has been a helpful holiday companion, Amazon said , with customers in Seattle, San Diego and NY using the smart assistant to turn on Christmas lights more than any other cities.

Business

Fresh advance in east Mosul to begin within days - United States comman

Besides the buildings destroyed in the battle and some bridges destroyed by US -allied forces in order to prevent ISIL troops from retreating into more densely populated parts of the city, many buildings with important governmental or historic functions (as well as the Mosul airport) have been intentionally destroyed by ISIL.

Business

Russian Federation surpasses Saudi Arabia on average daily oil production in October

Crude oil prices have edged higher since late November when members of the Organization of Petroleum Exporting Countries agreed to production cuts starting in January. Russia's oil exports would rise by nearly 5 percent this year to 253.5 million tonnes and a "slight" increase was expected next year, Deputy Energy Minister Kirill Molodtsov said on Monday.

Business

Sri Lanka in South Africa, 2016

Philander and Abbott had knocked over the Sri Lankan top-order as the home side brushed off the disappointment of their batting collapse in the morning. Opener Kaushal Silva showed more discipline and was still there at lunch, but in the ninth over of the second session he was trapped in front by a Philander inswinger to end his vigil of 16 runs and 59 balls.

Business

European Central Bank says Monte dei Paschi shortfall rises to nearly €9bn

Monte Paschi's shares are suspended from trading in Milan until full details of the bank's capital-strengthening are available. A 6.5 billion euro capital injection would give the Italian government a stake of around 70 percent in the lender.

Business

Toshiba may lose 'billions of dollars' on troubled U.S. nuclear power deal

Toshiba said the possible write-down was related to the valuation of the purchase by its United States subsidiary Westinghouse Electric of the nuclear construction and services business of Chicago Bridge & Iron. Clashing over who should shoulder potential liabilities related to cost overruns and over calculations for working capital for the unit, CB&I sued Toshiba's Westinghouse division after Westinghouse said it was owed more than $2 billion.