Saturday, January 24, 2015
Shares in Taiwan closed higher on expanded turnover Friday as foreign funds flowed into the market following the European Central Bank's (ECB) announcement overnight of a massive stimulus program, dealers said.
Hong Kong tycoon Li Ka-Shing's Hutchison Whampoa said Friday it is in “exclusive negotiations” to buy mobile phone giant O2 for up to US$15.4 billion, in a deal that would create Britain's biggest mobile phone group.
Starbucks Corp.'s fiscal first-quarter earnings soared 82 percent as the coffee chain attracted more customers who snapped up an expanded offerings of food and drinks over the holidays.
Sony said Friday it was asking Japanese regulators for permission to delay the release of its earnings next month after a
DreamWorks Animation said Thursday it is reducing the number of films it produces each year from three to two and cutting 500 jobs as it tries to improve its profitability.
Adidas, the German maker of sportswear and equipment, said Friday it met its 2014 targets, but earnings were hit by special factors such as the falling ruble and the sale of its Rockport brand.
A U.S. grand jury indicted Thursday an executive of Takata, the Japanese auto parts company accused of producing faulty airbags, with price-fixing in the auto seat belts market.
Australian miner Arrium Friday said it was shutting one of its iron ore operations with 580 jobs set to be lost, as plunging commodity prices continue to hurt higher-cost producers.
Southwest Airlines Co.'s fourth-quarter net income slipped 10 percent due to the effect of fuel-hedging contracts that lost value as oil prices tumbled, but the company's results beat Wall Street expectations.
Friday, January 23, 2015
Chunghwa Telecom Co. (中華電信), Taiwan's largest carrier, teamed up Thursday with local computer maker Acer Inc. (宏碁) to jointly develop a cloud computing-based telecommunications platform for enterprises.