Friday, February 13, 2015
Mining giant Rio Tinto posted Thursday a 78 percent rise in annual net profit while announcing a US$2.0 billion share buyback as cost-cutting and productivity drives shielded it from lower commodity prices.
Shares in the world's biggest airport operator, Spain's AENA, soared 20.7 percent on their first day of trading Wednesday, a fresh sign of investor appetite for Spanish assets as the nation returns to growth.
Thursday, February 12, 2015
Apple became the first company to reach a market value of US$700 billion Tuesday as shares vaulted amid upbeat news on the U.S. tech giant's gains in the smartphone market and soon-to-arrive smartwatch.
CPC Corp. (中油), Taiwan's state-owned oil company, signed an agreement Wednesday to set up a joint venture in Kaohsiung for production of value-added petrochemical products.
Taiwan-based Pegatron Corp. (和碩), a contract electronics supplier for Apple Inc. and other brands, has unveiled a new product line of mobile accessories to cater to big-screen iPhone users.
Fubon Property & Casualty Insurance (富邦產險), a subsidiary of Fubon Financial Holding Co. (富邦金) unit Fubon Insurance Co., has obtained approval from the China Insurance Regulatory Commission to open a branch in Sichuan province.
Apple will spend nearly US$850 million on a solar energy project that will generate enough power for the computer giant's new corporate headquarters, retail stores and other operations in California.
IBM announced plans Tuesday to bring its Watson supercomputer to Japan with mobile telecom group SoftBank, in a deal aimed at developing new applications for robotics and other services.
Smartphones and tablets have been pushing the personal computer aside, thanks in part to popular apps made by mobile-first entrepreneurs like Flipboard CEO Mike McCue.
An official Twitter account for the company's chief financial officer unleashed a barrage of spam posts on Tuesday in what may have been a hack or a glitch.