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Thursday, February 26, 2015
Tesla tops US best car list for 2nd year
Consumer Reports named the luxury electric Tesla S its top car for the second straight year, calling the market-shaking sedan a “technological tour de force.”
Google Android dominated the global smartphone market in 2014, holding an 81.5 percent market share, with Apple's iOS second and no strong third player, market tracker IDC said Tuesday.
Air New Zealand on Wednesday unveiled a six percent fall in half-year net profit but said low fuel prices meant it remained on track for “significant” earnings growth in the second half.
Wednesday, February 25, 2015
Hitachi said Tuesday it would buy the rail and traffic signal businesses of Italy's Finmeccanica.
Tuesday, February 24, 2015
Honda to replace president following airbag fiasco
Honda Motor Co., the Japanese automaker at the center of an air-bag defect scandal, said Monday its president Takanobu Ito will step aside and be replaced by another Honda executive.
Canadian drugmaker Valeant Pharmaceuticals International Inc. has agreed to buy Salix Pharmaceuticals Ltd. for about US$10 billion in cash. The companies said Sunday that their boards of directors approved the transaction, which amounts to about US$158 for each of Salix's outstanding shares.
Japan's All Nippon Airways on Monday announced plans to help turn around bankrupt Skymark Airlines, reportedly joining a string of other firms offering a lifeline to the struggling carrier.
France's nuclear group Areva said Monday its provisional net losses in 2014 widened to 4.9 billion euros (US$$5.6 billion) after it was forced to absorb costs linked to project delays.
Mitsubishi Heavy Industries' shares rose on Monday after a consortium led by Japan's top heavy machinery maker struck a US$3.36 billion deal to build Qatar's first subway system.
Global bank HSBC, embroiled in a tax-dodging scandal at its Swiss division, said on Monday that Chief Executive Stuart Gulliver held a Swiss bank account as it reported a 15 percent drop in net annual profits.
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