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Thursday, August 20, 2015
The United Auto Workers union blasted General Motors Tuesday for considering selling Chinese-built Buick Envisions in the United States and vowed to try to kill the plan during ongoing contract negotiations.
Canada-based smartphone messaging application Kik said Tuesday it raised US$50 million from Chinese Internet giant Tencent, saying the two firms have a "shared vision."
U.S. technology firm Intel, best known for its semiconductor chips, is jumping into reality TV with a competition for makers of wearables and smart connected consumer devices.
BuzzFeed, the website which lives off viral and "shareable" news, got a major boost for expansion plans Tuesday with a US$200 million investment from NBCUniversal.
Japanese energy and electronics giant Toshiba Corp. has revamped its leadership lineup and is forecasting a net loss in the current fiscal year as it cleans up problems with its accounting and corporate governance.
EBay said Tuesday it was selling part of its stake in India's ecommerce startup Snapdeal, but said the Asian nation remains an "important market" for the U.S. online giant.
Hong Kong flag carrier Cathay Pacific said Wednesday first-half profit rose sixfold from a year earlier, helped by lower fuel prices, but shares fell to a nine-month low as the result missed expectations.
American Airlines says it plans to begin charter service from Los Angeles to Havana later this year, which American says will be the first nonstop flights from the West Coast to Cuba since travel restrictions to the island nation were eased.
The successor-in-waiting at SoftBank said Wednesday he would buy a whopping US$483 million in company shares, after his move to the Japanese mobile carrier from Google.
Wednesday, August 19, 2015
Samsung Taiwan confident in demand for phones
The Taiwan unit of Samsung Electronics Co., the world's largest smartphone maker, expressed confidence on Tuesday that curved-screen phones will account for a greater share in Taiwan's smartphone market than the global average this year.
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