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Monday, September 22, 2014
Despite a long weakened yen, most Japanese companies are not planning a price reduction, but some said they will roll out promotional sales before the end of the year.
Oculus unveils new prototype VR headset
Oculus has unveiled a new prototype of its virtual reality headset. However, the VR company still isn't ready to release a consumer edition.
Nissan defections reignite burning questions about incoming executiveBy Anne Beade
A string of defections by top Nissan executives is reigniting longstanding questions about who will succeed chief executive Carlos Ghosn, the man widely credited with reinventing Japan's number-two automaker.
Sunday, September 21, 2014
Alibaba surges 38% to US$93.89 in triumphant Wall St. debut
A buying frenzy sent Alibaba shares sharply higher Friday as the Chinese online giant made its historic Wall Street trading debut.
Alibaba has become by far the dominant e-commerce company in China, a country with the world's greatest number of Internet users, in only 15 years.
Saturday, September 20, 2014
Alibaba makes long-awaited Wall Street debut
Alibaba made its long-awaited Wall Street debut Friday on the heels of a record stock offering that opens the door to global expansion for the Chinese online retail giant.
Microsoft on Thursday said that it axed 2,100 jobs in a second round of cuts which were announced earlier this year.
Friday, September 19, 2014
Sony shares plunged Thursday after the electronics giant warned of a US$2.14 billion annual loss linked to its struggling mobile phone unit, taking investors by surprise and dealing another blow to its turnaround plan.
Hyundai to pay US$10 billion for Gangnam land
A consortium led by Hyundai Motor Co. offered more than US$10 billion for land in Seoul's tony Gangnam district where it will build a new headquarters. The sky high price surprised shareholders who sent the automaker's shares down nearly 10 percent.
British no-frills airline easyJet said on Thursday it had finalized a deal to buy 27 single-aisle A320 jets worth US$2.05 billion at list prices from European aircraft maker Airbus.
  
  
  
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