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September, 27, 2016

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Samsung Electronics said Sunday it had sold shares it held in four technology companies including U.S. chip-maker Rambus and Japan's Sharp to free up money and focus on its main business.
 
Chipotle exec back on job after cocaine possession charges
Chipotle says its top marketing executive is back on the job, after being placed on leave this summer as a result of drug possession charges.
 
IPhone 7 sales begin amid a supply shortage
Apple's iPhone 7 launch generated trademark queues and brisk sales Friday that defied gloomy expectations, with some enthusiasts left empty-handed after lining up for hours as the company announced some models had sold out.
 
In a centuries-old castle in the middle of their fractious continent, European Union leaders on Friday anxiously sought to forge a sense of common purpose in the face of the planned departure of Britain and fundamental disagreements over everything from uncontrolled migration to the economy.
 
Lines form as iPhone 7 sales begin in Taiwan
Thousands of consumers lined up in front of authorized Apple resellers to purchase an iPhone 7 as sales began in Taiwan on Friday.
 
US average 30-year mortgage rate jumps to highest level since June
Long-term U.S. mortgage rates rose this week, with the benchmark 30-year loan reaching its highest level since June. Rates remain at historically low levels, however.
 
Singapore court grants reprieve to Hanjin
Singapore's High Court has granted a temporary reprieve to troubled South Korean giant Hanjin, allowing its ships to sail into the city-state without fear of being impounded as it struggles to settle a US$5.37-billion debt.
 
Apple, Samsung struggle in face of Chinese competition
The global launch of the iPhone 7 on Friday is crucial to Apple's fortunes in China, but both it and its biggest rival Samsung, hit by a recall over exploding batteries, are struggling in the face of upstart local competitors.
 
Can Volkswagen leave its emissions scandal behind?
One year ago, Volkswagen's cheating on emissions tests for millions of its diesel cars erupted into public view, leaving the mammoth carmaker battling an unprecedented crisis.
 
Deutsche Bank shares plunge amid legal dispute
Shares in Deutsche Bank AG plunged Friday after the revelation that the U.S. Department of Justice is seeking US$14 billion to settle civil claims over its handing of residential mortgage-backed securities.
 
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