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Friday, May 15, 2015
Honda on Thursday said it is recalling 4.89 million vehicles over fears about airbag inflators that could explode, widening a global auto parts crisis linked to several deaths.
Wal-Mart to test unlimited shipping service for US$50 per year
Wal-Mart Stores Inc. will test a new unlimited shipping service for online shoppers this summer that will be priced below Amazon's US$99 per year Prime service.
Japanese electronics giant Sharp on Thursday said it was cutting thousands of jobs in a fresh turnaround plan to keep it afloat as the struggling firm posted a bigger-than-expected US$1.86 billion annual loss.
Singapore Telecom (Singtel) said Thursday fourth-quarter net profit rose 4.5 percent year-on-year, boosted by strong performances in the home market and regional associates as its digital business expands.
Thursday, May 14, 2015
CTBC Financial Holding Co. (中信金) announced it will acquire the life insurer Taiwan Life Insurance Co. (台壽保).
Nissan profits soar to US$4.2 bil.
Nissan on Wednesday said its fiscal-year net profit soared a better-than-expected 17.6 percent to US$4.2 billion, crediting a weak yen and new model rollouts for buoyant results that drove past its own earlier forecasts.
The bitter fight between U.S. chemical giant DuPont and billionaire activist investor Nelson Peltz will at last be resolved at a showdown at Wednesday's annual meeting.
German telecoms giant Deutsche Telekom said Wednesday it is sticking to its full-year profit targets after recording "strong" growth in the first quarter.
RWE, Germany's second-biggest power supplier, said Wednesday that profits were down in the first three months and it is sticking to its forecast for a decline in underlying earnings for the whole year.
Wednesday, May 13, 2015
Construction has begun on a multi-terabit submarine cable system co-funded by Chunghwa Telecom Co. (中華電信), Taiwan's largest telecom operator, and other leading carriers in Asia.
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