said-on-tuesday
Samsung to halt global sales, exchanges of Galaxy Note7
October 10, 2016 by elegant · Leave a Comment
By Se Young Lee SEOUL (Reuters) – Samsung Electronics Co Ltd said on Tuesday it will ask all global partners to stop sales and exchanges of the Galaxy Note7 smartphones, further deepening the smartphone
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Samsung to halt global sales, exchanges of Galaxy Note7
said-on-tuesday
South Korea to widen Takata air bag recall by 110,000 vehicles
September 28, 2016 by creative · Leave a Comment
South Korea said on Wednesday that 13 automakers will recall some 110,000 vehicles equipped with Takata Corp's defective air bags, the latest development in a long-running safety crisis involving the Japanese company. The United States in May announced a new round of recall of Takata's air bag inflators which have been linked to at least 14 deaths and more than 100 injuries and triggered the largest-ever auto recall. South Korea's transport ministry said a total of 221,870 vehicles
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South Korea to widen Takata air bag recall by 110,000 vehicles
said-on-tuesday
OPEC set for no deal as Iran rejects Saudi oil output offer
September 28, 2016 by creative · Leave a Comment
Iran rejected on Tuesday an offer from Saudi Arabia to limit its oil output in exchange for Riyadh cutting supply, dashing market hopes the two major OPEC producers would find
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OPEC set for no deal as Iran rejects Saudi oil output offer
said-on-tuesday
Wells Fargo CEO forfeits millions as board orders review
September 28, 2016 by publisher · Leave a Comment
(Reuters) – Wells Fargo & Co said on Tuesday that Chief Executive Officer John Stumpf will forfeit unvested equity awards worth about $41 million and will not get a salary while the company's board investigates the bank's sales practices. Carrie Tolstedt, the former head of the retail division at the center of a burgeoning sales scandal, has left the company ahead of her planned Dec. 31 retirement date, will get…
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Wells Fargo CEO forfeits millions as board orders review
said-on-tuesday
Wells Fargo CEO forfeits millions as board orders review
September 28, 2016 by elegant · Leave a Comment
(Reuters) – Wells Fargo & Co said on Tuesday that Chief Executive Officer John Stumpf will forfeit unvested equity awards worth about $41 million and will not get a salary while the company's board investigates the bank'…
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Wells Fargo CEO forfeits millions as board orders review
said-on-tuesday
China’s slowing wholesale deflation takes pressure off central bank
August 9, 2016 by elegant · Leave a Comment
By Elias Glenn and Yawen Chen BEIJING (Reuters) – China's factory price deflation moderated further in July, with prices falling at their slowest pace in two years, taking pressure off the central bank to cut rates as policymakers turn their focus to structural reforms and ballooning credit. A government-led building spree has increased demand for construction materials, but higher prices are also due in part to speculation in China's commodities futures market, which has pushed up Shanghai rebar futures up by 50 percent this year. …
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China’s slowing wholesale deflation takes pressure off central bank
said-on-tuesday
Tesla told regulators about Autopilot crash nine days after accident
July 6, 2016 by creative · Leave a Comment
By Alexandria Sage and Paul Lienert SAN FRANCISCO/DETROIT (Reuters) – Tesla Motors alerted regulators to a fatality in one of its electric cars in partial self-driving Autopilot mode nine days after it crashed, the company said on Tuesday, …
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Tesla told regulators about Autopilot crash nine days after accident
said-on-tuesday
Medivation agrees to open its books to Sanofi
July 6, 2016 by admin · Leave a Comment
San Francisco-based Medivation shares jumped as much as 4.2 percent after Reuters first reported that Medivation and Sanofi were in talks over a confidentiality pact, adding to similar agreements Medivation has with Pfizer Inc and Celgene Corp , which have also expressed interest in an acquisition. The move comes after Medivation rejected Sanofi's $9.3 billion offer in April, prompting Sanofi to embark on a campaign to convince Medivation shareholders to oust Medivation's
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Medivation agrees to open its books to Sanofi
said-on-tuesday
U.S. factory orders fall, but rising backlogs hint at stabilization
July 6, 2016 by elegant · Leave a Comment
By Lucia Mutikani WASHINGTON (Reuters) – New orders for U.S. factory goods fell in May on weak demand for transportation and defense capital goods, but growing order backlogs and lean inventories suggested the worst of the manufacturing downturn was probably over. The Commerce Department said on Tuesday new
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U.S. factory orders fall, but rising backlogs hint at stabilization
said-on-tuesday
Bezos says Amazon to up India investment to $5 billion
June 8, 2016 by admin · Leave a Comment
Amazon Inc Chief Executive Jeff Bezos said on Tuesday the company would invest an additional $3 billion in India, boosting its committed investment in the country to over $5 billion. Bezos told an event in Washington attended by Indian Prime Minister Narendra Modi – who met earlier on…
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Bezos says Amazon to up India investment to $5 billion