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June, 28, 2016

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Business > Company Focus
Top U.S. weapons maker Lockheed Martin Corp is studying whether to shift work on its multibillion-U.S.-dollar F-35 fighter jet away from Canadian firms, given uncertainty about Ottawa's plans to buy the jet.
 
Indonesian online retailer Bilna spent two years looking for a chief technology officer before it finally discovered Ridy Lie, who had returned home after eight years with Amazon in the United States.
 
Tesla in the driving seat?
In this April 25 file photo, a man sits behind the steering wheel of a Tesla Model S electric car on display at the Beijing International Automotive Exhibition in Beijing.
 
Renault opens Minsk branch
Artists perform in a Renault store against a backdrop of cars, some hanging in midair, during the brand's opening ceremony in Minsk, Belarus, Thursday, June 9.
 
Advertising agencies are for the first time turning to Instagram more frequently than Twitter for social media ad campaigns, a survey released Thursday showed, a further indication of weakness in an ad sales operation that has been one of the few bright spots for Twitter.
 
Several suitors are bidding US$5 billion or more for the core business of struggling internet pioneer Yahoo, CNBC reported on Thursday.
 
Americans' household wealth rose in the first three months of this year as home values increased, offsetting a drop in stock prices.
 
Line Corp., the Japan-based operator of the namesake mobile messenger, will list its shares in New York and Tokyo next month, as the iconic Asian mobile messenger app seeks to expand globally.
 
Billionaire Warren Buffett has raised more than US$20 million for a San Francisco homeless charity since 2000, and he's about to add to that total by auctioning off a private lunch.
 
DuPont is opening its Association of Southeast Asian Nations headquarters in Singapore.
 
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