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Saturday, August 16, 2014
Shares in U.S. investment star Warren Buffett's Berkshire Hathaway group topped US$200,000 apiece for the first time Thursday, less than eight years after breaking the US$100,000 barrier.
Royal Dutch Shell has agreed to sell drilling rights in shale formations in Louisiana and Wyoming for US$2.1 billion in two transactions.
Global mining giant BHP Billiton on Friday said it could spin-off unwanted assets to focus on top tier commodities such as iron ore, copper, coal and petroleum.
Coca-Cola announced Thursday it will pay US$2.15 billion for a 16.7 percent stake in Monster Beverage, cementing a distribution-based link between the two that had added significantly to Coke's profits.
The recently acquired film unit of Chinese e-commerce giant Alibaba said Friday that a review has uncovered possible accounting irregularities.
Yahoo announced Thursday the relaunch of its e-commerce platform, which allows small businesses to easily set up online retailing. The new Yahoo Stores system, said a company blog post, allows users to “turn your idea into a business in less than two minutes.”
Banana giant Chiquita rejected Thursday the takeover bid by Brazil's Cutrale and Safra groups, calling their offer “inadequate” and sticking to its plan to merge with European fruit seller Fyffes.
Friday, August 15, 2014
The Supreme Court yesterday abrogated the original judgment of Jeffrey Koo Jr.'s (辜仲亮) involvement in the “Red Fire case,” returning the case to the Taiwan High Court.
China Airlines (CAL, 中華航空), Taiwan's largest carrier, said yesterday that it will offer flights to Christchurch in New Zealand between Dec. 1, 2014 and Feb. 28, 2015 to meet higher travel demand at that time.
Amazon debuts mobile payment app and credit card reader
Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through their smartphones and tablets.
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