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October, 26, 2016

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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.
Nestlé marks 150th birthday
In the early years of Nestle's establishment, founder Henri Nestlé invented a brand-new type of baby food with milk and oatmeal as its main ingredients: "farine lactée." The product had successfully saved the life of an infant at the time.
Sports equipment manufacturer Reebok is bringing some of its shoemaking back to the United States, unveiling plans to open a new manufacturing lab next year using innovative liquid material and 3-D drawing.
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.
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.
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.
4th annual power-saving awards
Chairman Chu Wen-chen (朱文成) of state-run Taiwan Power Company (Taipower) speaks at the 2016 national power-saving awards presenting ceremony held on Friday, Oct. 21.
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