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July, 24, 2016

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Business > Company Focus
Swiss construction giant LafargeHolcim, the world's largest cement maker, said Monday it had agreed to sell its Indian operation to Indian cosmetics and detergents manufacturer Nirma for US$1.4 billion.
 
With the prospect of growing orders from Apple in July, the share price of smartphone camera lens supplier Largan Precision Co. (大立光) shot up 4 percent, or NT$115, to NT$2,990 on Monday.
 
Players hunting Pokemon feel real-world pain
Beware: "Pokemon Go," a new smartphone game based on cute Nintendo characters like Squirtle and Pikachu, can be harmful to your health. The "augmented reality" game...
 
Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chip-maker, has been ranked 48th globally in terms of market capitalization, according to accounting firm PricewaterhouseCoopers (PwC) Taiwan.
 
Belgrade demolitions up fears of waterfront plans
For 26 years, Vladimir Markovic ran his family transportation business in the heart of Belgrade's Savamala district. Then, two months ago, it was demolished without warning overnight.
 
The CEO of coal giant Murray Energy said Thursday that company officials are doing their best to avoid the layoffs that 4,400 workers in six states were warned about in precautionary notices last month.
 
More than 500,000 hoverboards recalled after fires, burns
More than 500,000 hoverboards are being recalled after some of the motorized scooters overheated, burned riders and damaged property.
 
Samsung Electronics said Thursday that its second-quarter operating income jumped 17 percent over a year earlier to the highest quarterly profit in more than two years, as strong sales of its Galaxy smartphones drove profit growth in the mobile business.
 
AAA concludes many motorists are damaging engines with wrong gas
Many motorists are clogging their car's engine by not using gasoline with enough added detergents.
 
Wal-Mart in China faces employee protests over work schedule changes
Wal-Mart faces protests by employees in China over what they say is a drastic change in work schedules, as the company overhauls its struggling business amid an economic slowdown and competition from e-commerce.
 
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