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May, 6, 2016

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Nestle FITNESSE to host their VOGUE Picnic Day
Nestle FITNESSE will join forces with VOGUE Pacific Day in hosting a picnic event on April 23 that will introduce the company's menu of suggested picnic food items and fitness tips, according to a press release from the company yesterday.
 
The founder of China's internet giant Tencent will donate US$2 billion in shares to charity, the company said -- one of the largest gifts ever given in a country whose new super-rich have no tradition of philanthropy.
 
Mitsubishi Motors shares nosedived again Thursday as panic selling wiped about US$2.5 billion off the automaker's market value in response to its shock admission that it cheated on fuel-efficiency tests.
 
American Express's first-quarter profits declined 8 percent from a year earlier, as the company continues to spend heavily to retain customers being lured away by aggressive competitors.
 
Embattled German carmaker Volkswagen will offer US$5,000 to each U.S. buyer of its diesel cars which were installed with emissions-cheating software in a bid to avoid a major court case, Die Welt newspaper reported in its Thursday edition.
 
Google announced Wednesday an expansion of its program which delivers sped-up versions of news stories to smartphones and other devices.
 
Hundreds of coffee lovers lined early Thursday in an upmarket Johannesburg shopping center as international chain Starbucks opened its first cafe in sub-Saharan Africa.
 
Twitter has its eyes on Japan, with its 35 million users, to make money from companies eager to use Twitter data to research retail trends, manage inventory and improve customer service.
 
Swedish telecoms giant Ericsson on Thursday targeted greater efficiency after falling net sales brought lower than expected operating profit in the first quarter.
 
Mitsubishi admits falsifying fuel-efficiency tests
Japanese automaker Mitsubishi on Wednesday admitted it falsified fuel-efficiency tests in more than 600,000 vehicles, after reports of misconduct sent its Tokyo-listed shares crashing.
 
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