Following reports that Chunghwa Telecom and Taiwan Mobile could be canceling their 4G unlimited carrier plans, the Fair Trade Commission stated that these telecommunications could face up to NT$50 million in fines if they find that the two are colluding in their plans to end the carrier plans.
Mining giant Glencore said Monday it had struck a deal worth nearly US$1 billion to purchase shares of two mines in the Democratic Republic of Congo from a controversial Israeli magnate.
DuPont and Chemours will pay nearly US$671 million to settle thousands of lawsuits related to the release of a chemical from a plant in West Virginia more than a decade ago.
Verizon, in a major reversal, has joined other carriers in offering an unlimited data plan.
Drug giant Allergan announced Monday the US$2.5 billion acquisition of Zeltiq Aesthetics, makers of a fast-growing technology to eliminate body fat through "CoolSculpting," which essentially freezes unwanted fat away.
Far Eastern Air Transport (FAT) signed a Letter of Intent (LOI) with Nordic Aviation Capital (NAC) for the lease contract. FAT will rent four ATR72-600s and that the aircrafts are scheduled for delivery in 2017.
China's largest smartphone vendor OPPO debuts its 6-inch R9Plus series at a presentation in Taipei on Monday, Fe. 13.
India's Hindustan Motors has sold its Ambassador car to France's Peugeot for just US$12 million, capping a spectacular downfall for a vehicle once emblematic of the country's political class.
Ford Motor is spending US$1 billion to take over a budding robotics startup to acquire more expertise needed to reach its ambitious goal of having a fully driverless vehicle on the road by 2021.
Apple chief executive Tim Cook says fake news is "killing minds," and governments and tech firms must act to stop it.