Succumbing to market pressure, crude producers' group OPEC and its 10 non-OPEC allies intervened to deepen their ongoing output cuts of 1.2 million barrels per day (bpd) by another 500,000 bpd on Friday (December 6) following the conclusion of their meeting of ministers in Vienna, Austria. In a surprise for the market, OPEC revealed that bulk of the burden will largely fall on Saudi Arabia's shoulders, with the kingdom announcing it would cut "voluntarily" ...
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Chinese search engine giant Baidu announced that its intelligent small app has gained over 300 million monthly active users. Small app is one of the two most important ecologies of Baidu mobile and it is supported by two major portals – search and information stream, which are considered differentiation advantages of Baidu intelligent small app. Statistics showed that Baidu currently responses to billions of search requests on ...
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