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Samsung Electronics plans initial production of five million Galaxy S7 phones: report

SEOUL (Reuters) – Samsung Electronics Co Ltd, the world's top smartphone maker, plans an initial production run of about 5 million of its upcoming Galaxy S7 smartphones, South Korea's Electronic Times reported on Monday, citing unnamed sources. The paper said

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Samsung Electronics plans initial production of five million Galaxy S7 phones: report

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Valeant CEO Pearson remains hospitalized for pneumonia: Bloomberg

Valeant Pharmaceuticals International Inc Chief Executive J. Michael Pearson has been moved to another hospital where he is being treated for a severe case of pneumonia, a company spokeswoman told Bloomberg on Sunday. Elaine Andrecovich, a public

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Valeant CEO Pearson remains hospitalized for pneumonia: Bloomberg

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Oil prices weaken post-Christmas, U.S. crude defends premium over Brent

By Henning Gloystein SINGAPORE (Reuters) – Oil prices fell on Monday after the long Christmas weekend, with U.S. crudes defending a newly gained premium over internationally traded Brent contracts. Brent was down 18 cents at $17.71 a barrel, meaning that U.S. crude defended a premium it gained over the globally traded benchmark last week. “Markets are generally weak, so the trend remains for lower prices, but do watch out for sharp moves in the low liquidity days between Christmas and New Year,” one

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Oil prices weaken post-Christmas, U.S. crude defends premium over Brent