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September, 27, 2016

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Business > Company Focus
German chemicals giant Bayer said Tuesday it had increased its earnings and profits forecasts after signing a deal to take over U.S. seeds and pesticides maker Monsanto.
 
Samsung Taiwan on Monday started to accept replacement reservations from local users for its brand-new top-end Galaxy Note 7 smartphone, with replacements to be launched on Friday, Sept. 23, according to a press release issued by the company.
 
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.
 
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.
 
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.
 
Despite fears over data security following the recent First Bank (第一銀行) ATM heist, the Financial Supervisory Commission (FSC, 金管會) said the implementation of interbank cardless cash withdrawal, set to launch by the end of the year, will go ahead as scheduled.
 
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