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Power surge: Chinese electric car battery maker charges for global market

December 26, 2016 by · Leave a Comment 

A dusty village on the outskirts of Ningde, a third-tier city in China's southeast, seems an unlikely place for the headquarters of a potential global leader in future automotive technology. China's

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Power surge: Chinese electric car battery maker charges for global market

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Zuckerberg initiative poaches AstraZeneca board member

September 28, 2016 by · Leave a Comment 

The $3 billion health initiative set up by Facebook co-founder Mark Zuckerberg and his wife Priscilla Chan has hired one of AstraZeneca's non-executive directors to head up its science drive. The British drugmaker said on Wednesday that Cornelia Bargmann would step down from its board next month to take up a new role as president of Chan Zuckerberg Science, part of the …

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Zuckerberg initiative poaches AstraZeneca board member

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South Korea to widen Takata air bag recall by 110,000 vehicles

September 28, 2016 by · 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

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South Korea to widen Takata air bag recall by 110,000 vehicles

September 28, 2016 by · 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

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South Korea to widen Takata air bag recall by 110,000 vehicles

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Samsung urges Note 7 users to switch off phones and turn them in

September 11, 2016 by · Leave a Comment 

By Se Young Lee and Jeffrey Dastin SEOUL (Reuters) – Samsung Electronics Co Ltd on Saturday urged users of its Galaxy Note 7 phones to turn in their handsets as soon as possible as part of a recall aimed at limiting the damage caused by the fire-prone devices. The world's top smartphone maker said last week it would exchange all Note 7 phones in 10 markets including South Korea and the United States…

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Samsung urges Note 7 users to switch off phones and turn them in

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Cloud business boosts Microsoft’s quarterly revenue, shares rise

July 20, 2016 by · Leave a Comment 

“Only two companies are setting the tone of enterprise computing, Microsoft Azure and Amazon AWS,” said Trip Chowdhry, managing director of Global Equities Research, referring to Amazon.com Inc's web services unit. Microsoft's revenue in what it calls its “intelligent cloud” businesses, which includes the Azure cloud platform and server software, rose 7 percent to $6.7 billion. Revenue for Azure – which customers can use to host their website, apps or data –

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Cloud business boosts Microsoft’s quarterly revenue, shares rise

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Three U.S. states sue Volkswagen, say executives covered up diesel cheating

July 20, 2016 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – Senior executives at Volkswagen AG including its former chief executive covered up evidence that the German automaker had cheated on U.S. diesel emissions tests for years, three U.S. states charged on Tuesday in civil lawsuits against the company. New…

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Three U.S. states sue Volkswagen, say executives covered up diesel cheating

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Fox News, Ailes in negotiations over his exit: source

July 20, 2016 by · Leave a Comment 

Roger Ailes, who built Fox News into a profitable ratings powerhouse, and Twenty-First Century Fox Inc are in negotiations over his departure from the cable news channel following allegations of sexual harassment, a person briefed on the discussions said Tuesday. A Fox statement said a legal review into the accusations was ongoing and that Ailes was working. Ailes' attorney, Susan Estrich, told CNN that there was no deal yet and any announcement on an agreement would be made by Twenty-First Century

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Fox News, Ailes in negotiations over his exit: source

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Asia slips after Wall Street loses steam, dollar clings to gains

July 20, 2016 by · Leave a Comment 

Global risk appetite, which has recovered rapidly from the Brexit shock late in June, received a sobering reminder after the International Monetary Fund (IMF) cut its global growth forecasts for the next two years on Tuesday, citing uncertainty over Britain's looming exit from the European Union. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.1 percent, putting some distance between …

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Asia slips after Wall Street loses steam, dollar clings to gains

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Go-playing software beats human champ for 3rd straight time

March 13, 2016 by · Leave a Comment 

SEOUL, South Korea (AP) — Google's Go-playing software defeated a human champion for the third straight time Saturday to clinch the best-of-five series and establish its superiority in an ancient Chinese game long thought to be the realm of humans.

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Go-playing software beats human champ for 3rd straight time