Samsung's drug-manufacturing unit plans to raise as much as US$2 billion in November with what looks set to be South Korea's third-largest initial public offering (IPO).
Tigerair Taiwan, a joint venture budget airline between Tigerair Singapore and Taiwan's China Airlines (CAL), will continue to operate for the moment, but if operations at the air carrier remain in the red, CAL will seek its closure.
Google may be getting serious about selling its own hardware gadgets.
A daily nutritional breakfast will be made available for children living in rural areas in Keelung and Hsinchu on behalf of donations from the Breeze Charity Foundation.
Ericsson said Tuesday it will cut 3,000 jobs in Sweden, or nearly 20 percent of its local workforce, and will downsize operations at several plants as part of its global plan to cut costs by 9 billion kronor (US$1 billion) in 2017.
The chairman of South Korea's Hanjin Group on Tuesday apologised for the "cargo chaos" caused by the collapse of its shipping unit, but insisted the company could, and should, be salvaged.
Amazon on Monday banned reviews of products received free or at generous discounts, unless authors have been deemed trustworthy by the online retail giant.
Facebook says some 450 million people use its site -- mainly the "Groups" feature -- to buy and sell stuff locally, anything from cars to baby clothes to furniture. Now, the company is launching a separate "marketplace" section that seeks to make it easier to do this.1 Comment
U.S. auto sales dipped in September after a summer of slow growth, according to figures released Monday.
French luxury group LVMH is buying a majority stake in German luggage maker Rimowa for 640 million euros (US$719 million).