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October, 21, 2016

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Ford Motor Co. ended 91 years of car manufacturing in Australia on Friday, with the last two Australian car makers due to close their doors next year.
French oil major Total said Friday it had sold its speciality chemicals unit Atotech that serves the electronics and metals industries to the U.S. investment fund Carlyle for US$3.2 billion.
Wal-Mart Stores Inc. plans to slow its new store openings and pour more money into its online efforts, technology and store remodels, the company said Thursday.
Samsung feels the heat after 'new' phone ignites on plane
A U.S. flight was evacuated prior to takeoff when a passenger's Galaxy Note 7 -- reportedly a replacement in Samsung's global recall -- caught fire, landing the company in new controversy.
Samsung Electronics responded warily Thursday to a proposal by U.S. hedge fund Elliott Management to split the South Korean tech giant into two companies but markets cheered the plan, sending its shares to a record high.
Samsung said Thursday it was buying a prominent U.S. artificial intelligence (AI) startup founded by the creators of Siri -- the voice-based digital assistant used on the iPhones of archrival Apple.
Wal-Mart Stores Inc. has increased its stake in, China's No. 2 e-commerce site.
Twitter shares dove in after-hours trades Wednesday on the heels of a report that Google does not plan to bid for the culture-changing but unprofitable one-to-many messaging service.
British low cost airline EasyJet warned Thursday that annual profits would slump by almost a third, hit by a Brexit-driven tumble in the pound, terror attacks and industrial action.
Google takes on its rivals with new Pixel phone
Google took on rivals Apple, Samsung and Amazon in a new push into hardware Tuesday, launching premium-priced Pixel smartphones and a slew of other devices showcasing artificial intelligence prowess.
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