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May, 2, 2016

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Germany puts brakes on Airbnb rentals as real estate is limited
Berlin from Sunday began restricting private property rentals through Airbnb and similar online platforms, threatening hefty fines in a controversial move meant to keep housing affordable for locals.
 
Emirates flies 1st daily Dubai-Taipei Airbus A380
Emirates airline launched a regular service Sunday of its Airbus A380 superjumbo aircraft, billed as the most spacious passenger aircraft in the world, to Taiwan Taoyuan International Airport.
 
Sharp Corp. is planning to lay off about 1,000 employees as part of its efforts to strengthen its financial structure after the loss-incurring Japanese firm inked an agreement to sell a majority stake to Taiwan's Hon Hai Precision Industry Co. earlier this month, according to a news report.
 
Gucci warns HK shops selling paper replica offerings not to resemble brand
Luxury fashion brand Gucci has warned Hong Kong shops selling paper handbags and other goods as offerings for the dead not to market items resembling their products.
 
China Eastern Airlines to buy 35 planes from Airbus and Boeing
One of China's top airlines will split US$10 billion of new orders between European manufacturer Airbus and U.S.-based Boeing, it said, as competition heats up for aviation market share in the world's second-largest economy.
 
Comcast buying DreamWorks for US$3.55 bil.
Comcast is buying DreamWorks Animation, the film company behind the "Shrek," "Madagascar" and "Kung Fu Panda" franchises, for approximately US$3.55 billion, strengthening its presence in the important and growing business of children's entertainment.
 
U.S. energy giant ExxonMobil reported Friday that first-quarter earnings dived 63 percent to US$1.8 billion due to plunging oil prices.
 
U.S. biotech company Medivation rejected an unsolicited US$9.3 billion bid from French pharmaceuticals giant Sanofi Friday, saying the offer "substantially undervalues" the company.
 
Fiat Chrysler and Google's self-driving car project are in advanced talks to form a technical partnership. The talks were confirmed Thursday by a person familiar with the discussions. The person asked not to be named because the discussions are private.
 
Chinese search engine giant Baidu is planning to produce driverless cars by 2020, its chief executive said, as the company reported revenue climbed sharply in the first quarter.
 
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