Wednesday, October 22, 2014
The latest version of Samsung's popular big-screen Galaxy Note has gone on sale at a crucial time for the South Korean company as it suffers a rapid decline in profit from its global smartphone business.
AbbVie is walking away from its proposed US$55 billion takeover bid of Shire and has agreed to pay the rival drugmaker a US$1.64 billion breakup fee.
Amazon has reached a deal with American book publisher Simon & Schuster, the companies said, though the e-commerce giant remains at loggerheads with France's Hachette over e-book pricing.
Ikea, whose stadium-sized furniture stores draw shoppers from miles around, is going where its shopper are: online.
InterContinental Hotels Group on Tuesday booked rising quarterly revenues per room, buoyed by the United States, and expressed optimism over the annual outlook.
Tuesday, October 21, 2014
IBM will pay US$1.5 billion to Globalfoundries in order to shed its costly chip division.
German retail giant Metro AG on Monday reported a four-percent decline in its yearly sales to 63 billion euros (US$80 billion), largely because of a strong euro and divestments.
A consortium of investors from Hong Kong and Abu Dhabi is interested in buying the Reebok brand from Adidas for 1.7 billion euros (US$2.2 billion), The Wall Street Journal reported Sunday.
Monday, October 20, 2014
More than half of Taiwanese workers whose main source of income is their salary are trying to beat wage stagnation by working harder to show their bosses that they deserve a higher pay, according to a survey by 1111 Job Bank.1 Comment
For years, the notion of on-demand, anywhere television has been slowly disrupting the traditional pay TV industry. Now it seems that streaming video has hit a watershed moment.