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October, 22, 2016

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Renault-Nissan's Carlos Ghosn to head Mitsubishi Motors: report
Nissan chief Carlos Ghosn will become chairman of Mitsubishi Motors after Japan's No. 2 automaker announced a major investment in its scandal-hit rival, a report said Wednesday.
Breeze Charity Foundation sends children to school
Breeze Group, one of the nation's leading shopping malls, invited 46 children to the movies in a scholarship program aimed at developing the talents of children from economically disadvantaged families.
Prosecutors said Wednesday they indicted the Lotte Group's founder, his mistress and all of his three children on embezzlement, tax evasion and other charges, in the latest case highlighting the outsized influence of founding families over South Korean publicly listed companies.
Saudi petrochemical giant SABIC on Wednesday reported a 6.8 percent drop in net profit for the quarter ended Sept. 30, compared with the same period last year.
Caterpillar CEO to retire next year
Caterpillar said Monday that CEO and Chairman Doug Oberhelman will retire from the company next year and will be replaced as CEO by Jim Umpleby, an executive who has worked at the construction and mining equipment company for more than three decades.
Don't count on Thanksgiving reverting to its traditional status of feasting on turkey and giving thanks.
Drugmaker Pfizer said Monday that it will launch a less-expensive version of rival Johnson & Johnson's blockbuster immune disorder drug, Remicade.
UnitedHealth Group hiked its 2016 earnings forecast again after its profit swelled 23 percent to nearly US$2 billion in the third quarter, helped by gains both in and outside its core insurance business.
High-tech textiles woven into daily life
Following the Textile International Forum and Exhibition (TIFE, 紡織科技國際論壇暨研發成果展) held in late September, the Taiwan Textile Research Institute (TTRI, 紡織產業綜合研究所) is presenting an assortment of its latest technology advancements at the Taipei Innovative Textile Application Show (TITAS, 台北紡織展) until Wednesday.
Shares in billionaire James Packer's Crown Resorts plunged Monday after 18 sales and marketing staff were detained in China, including an executive in charge of luring high-rollers to Australia.
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