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May, 28, 2016

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Business
Toyota and Volkswagen announced separate partnerships Tuesday with rideshare companies Uber and Gett, in the latest such moves by major carmakers.
 
British retail giant Marks and Spencer posted sliding annual earnings Wednesday, and its share price sank after warning that a new turnaround plan for its clothing division would hit profits.
 
Hewlett Packard Enterprise is continuing to slim down by selling its business services division to competitor Computer Sciences Corp.
 
Taiwan's mortgage loans showed a 4.18 percent increase year-on-year in April, but the central bank has warned against jumping to the conclusion that the local property market was actually rebounding.
 > Taiwan
 
Chinese tech giant Huawei said Wednesday it has filed patent infringement lawsuits against South Korean mobile phone rival Samsung in the United States and China, in a case that highlights the rise of Asian competitors as technology creators.
 
Rice dumpling feast
In this Wednesday, May 25 photo, rice dumplings of different flavors and fillings are on display at Taipei City's Nanmen Market, which hosted an activity to warm up for the upcoming Dragon Boat Festival. The famous traditional market arranged a banquet featuring different kinds of rice dumplings wrapped in bamboo leaves. Rice dumplings are a must for the festival, which falls on June 9 this year.
 > Taiwan
 
An app that allows rural doctors to seek advice remotely from experts on Tuesday won Africa's first prize recognizing new technology that boosts health on the continent.
 
Microsoft announced Wednesday it would let go up to 1,850 employees and a Finnish union called it the end of the company's smartphone manufacturing business, bought from Finnish telecom equipment maker Nokia.
 
The U.S. stock market regulator has opened an investigation into the accounting practices of Chinese online giant Alibaba, a company document showed.
 
Monsanto: $62 bn Bayer bid too low, but open to talks
US agribusiness giant Monsanto Co. rejected Tuesday the $62 billion takeover bid by Germany's Bayer AG as too low, but said it was willing to entertain further talks on a merger.
 
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