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October, 23, 2016

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TSMC to gift workers over NT$400 million in bonuses
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip-maker, announced Saturday that it would distribute more than NT$400 million in bonuses to its employees by the end of November.
Canada walks out as EU trade talks founder
Canada walked out of talks Friday meant to save a massive trade deal with the European Union, unable to break a deadlock with a small Belgian region that has been defying multinational efforts to have the pact signed next week.
Stocks pause after 'damp squib' of an ECB meeting
Europe's main stock markets hit the pause button Friday as investors mulled an uninspiring European Central Bank decision, but London smoked out gains from a vast tobacco takeover.
British American Tobacco (BAT) is offering to buy Reynolds American Inc. in a US$47 billion deal that would create the world's largest publicly traded tobacco company and attempt to make up for a decline in smoking in the U.S. and Europe.
The Taiwan Stock Exchange (TWSE) has urged investors to use its "trade-to-trade" simulation platform to gain familiarity with the securities trading mechanism that has gained popularity in global markets.
 > Taiwan
France warned British Prime Minister Theresa May at her maiden European Union summit that she would face a tough, unyielding bloc if she sought too many concessions during the negotiations to leave the 28-nation EU.
Swedish lorry-maker Volvo said Friday its net profit jumped by 19 percent in the third quarter despite a drop in sales as demand fell in the United States.
U.S. software colossus Microsoft Thursday reported a slip in quarterly profit but still topped expectations due to rising demand for offerings in the internet cloud.
Apple says it has been buying Apple chargers and cables labeled as genuine on and has found nearly 90 percent of them to be counterfeit.
Canada's Bombardier said Friday it was cutting around 7,500 jobs by the end of 2018 as the aircraft and train manufacturer tries to cut costs and boost productivity as part of a turnaround plan.
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