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October, 28, 2016

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A Chinese conglomerate has agreed to buy New York-listed U.S. insurance firm Genworth Financials for US$2.7 billion, the latest in a Chinese buying spree of foreign assets.
Shares in troubled South Korean shipping giant Hanjin plunged 12 percent Monday after the company announced plans to shutter its European business, fueling fears it could be heading towards liquidation.
 > Korea
Hundreds of South Korean Galaxy Note 7 smartphone owners were preparing Monday to file a lawsuit against Samsung Electronics over the fire-prone device.
 > Korea
Dutch electronics and health care giant Philips says net profit rose 18 percent to 383 million euros (US$417 million) in the third quarter from the same three months last year as its health care technology portfolio recorded solid sales growth.
It's go time for renewables in Senegal
Senegal put into service one of sub-Saharan Africa's largest solar energy projects Saturday as it pushes to become a regional player in renewables on a continent where the majority remains off-grid.
AT&T on Saturday unveiled a mega-deal for Time Warner that would transform the telecom giant into a media-entertainment powerhouse positioned for a sector facing major technology changes.
Indonesian nationalism takes a bite out of Apple's chances in flourishing market
Apple is battling to gain a foothold in Indonesia after nationalistic regulations hit the U.S. tech giant's efforts to compete in the booming emerging market against Samsung and other rivals.
The collapse of free trade talks between Canada and the European Union Friday is yet another sign of increasingly stiff resistance to economic globalization.
An all-Australian consortium comprising some of the country's wealthiest grazier families made a counteroffer Sunday for one of the world's largest cattle estates, sparking a bidding war with a Chinese-linked proposal.
Could Paris, the City of Light, soon become known as the City of Innovation helping propel young entrepreneurs to push technological and business frontiers?
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