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July, 29, 2016

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SoftBank plunged more than 10 percent Tuesday as investors gave the thumbs down to the Japanese mobile giant's whopping US$32 billion purchase of British iPhone chip designer ARM Holdings.
Jiyuan Packaging Holdings Limited ("Jiyuan," Stock code: 8488) has applied for primary listing on the Taiwan Stock Exchange (TWSE). It is the fourth foreign company that has filed IPO application with the Taiwan Stock Exchange this year, according to a press release from the TWSE.
Facebook is to work with Nielsen Ratings to launch digital ratings in the second half of this year, Jayne Leung, head of Greater China at Facebook, said Tuesday.
PharmaEssentia Corporation's initial OTC common stock underwriting was executed through auction and public subscription.
Softbank is buying ARM in US$32 bil. post-Brexit deal
Japanese technology company SoftBank Group Corp. is buying Britain's ARM Holdings for 24.3 billion pounds (US$32 billion), in a deal the British government hailed Monday as a vote of confidence in the country following last month's vote to leave the European Union.
Bank of America reports earnings drop in second quarter
Bank of America on Monday reported a drop in second-quarter earnings as the drag of low interest rates offset a pickup in some key consumer banking categories.
Chinese shipping giant COSCO plans to send three cargo ships through the Arctic Ocean this summer, according to a statement, as the company expands services on a route global warming is making more viable.
A Chinese consortium has bought the Opera internet browser for US$600 million (543 million euros), its Norwegian developer said Monday, after a public share offer for the company failed.
Users of Taiwan-based HTC Corp.'s (宏達電) first virtual reality (VR) headset -- the HTC Vive -- can now experience the device's first Star Wars game, wielding a virtual lightsaber.
Google CEO Sundar Pichai hit back Sunday at accusations that the global internet giant failed to pay enough taxes in Europe, and warned of the potential fallout from Britain leaving the EU.
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