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October, 24, 2016

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DBS launches online personal loans with 7-11
In collaboration with convenience store giant 7-Eleven, DBS bank is offering its customers increased flexibility in obtaining personal loans, allowing them to do so without actually going to the bank.
Giant, the world's largest bicycle manufacturer, has announced a recall of almost 680,000 bicycles from the mainland China market.
Toyota, Suzuki create tie up for technology, ecology partnership
Toyota, the world's top automaker, and Suzuki, a Japanese rival that specializes in tiny vehicles, are tying up in a partnership.
Cash is piling up faster than Warren Buffett can invest it
Warren Buffett has the kind of money problem most people would envy: a growing mountain of cash. Nearly US$73 billion piled up at Berkshire Hathaway by mid-summer, more than Buffett's conglomerate has ever held before.
The epic patent clash between Apple and Samsung went before the U.S. Supreme Court on Tuesday, as the smartphone giants debated the value of design in a case with major implications for the technology sector.
Mobile networks company Ericsson saw its share price plummet by almost a fifth on Wednesday after saying that its third quarter earnings this year will be "significantly lower" than expectations and it predicts no improvement anytime soon.
German chemicals giant BASF has said it suffered a smaller-than-expected drop in income in the third quarter this year, putting it on track to meet its annual forecast.
Inotera Memories Inc. (華亞科), a Taiwan-based DRAM chip-maker, said Tuesday that it has scheduled a stock market delisting from the local main board for Dec. 6 after completing a deal in which its U.S. counterpart, Micron Technology Inc., will acquire the Taiwanese firm.
Samsung scraps its  scandal-hit Note 7
Samsung on Tuesday pulled the final plug on its troubled Galaxy Note 7 smartphone, permanently discontinuing production of the flagship device that has been mired in a disastrous recall over exploding batteries.
Coca-Cola intends to buy the stake global beer giant Anheuser-Busch InBev holds in Coca-Cola Beverages Africa, the two companies announced Tuesday.
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