March 19, 2014 10:10 am
Sony Corp. is entering a brand new field of virtual reality devices as a part of its attempt to find a way to stand out from its rivals in the field of video games. The President of Sony Worldwide Studios – Shuhei Yoshida officially revealed a prototype of a virtual-reality headset called Project Morpheus at […]
Read moreMarch 19, 2014 9:55 am
Britains FTSE 100 index marked a minor daily decline on Wednesday after rising for two sessions. Prices opened slightly higher but edged lower in the course of trading. Market players abstained from entering big positions ahead of the outcome of FOMCs two-day policy meeting which concludes today. The UK blue chip index stood at 6 […]
Read moreMarch 18, 2014 2:18 pm
Hyatt Hotels Corp., which in February announced that its fourth-quarter revenue had doubled, is planning to open a luxury Park Hyatt in August 2014. The super-luxurious complex is going to be situated on 57th Street. It is supposed be a part of Hyatt Hotels Corp.s strategy for global expansion under the lead of CEO Mark […]
Read moreMarch 18, 2014 1:06 pm
Scania AB rejected the 6.7-billion-euro (9.3-billion-dollar) offer of Volkswagen AG for the companys shares Volkswagen doesnt own. As reported by the Wall Street Journal, an independent board committee said: “Based on the long-term prospects of Scania, its growth outlook, technological excellence and the synergy potential, the committee believes the offer does not reflect the long-term […]
Read moreMarch 18, 2014 10:28 am
The Chief Executive Officer of Vodafone Group Plc – Vittorio Colao claims that the company has underwent through transformation over the past couple of years. Mr. Colao endorses that the company evolved from a mobile operator and is now also focused on broadband and TV markets. The cable acquisitions of Vodafone Group Plc in Germany […]
Read moreMarch 18, 2014 9:19 am
General Electric Co., Bombardier Inc. and two Chinese companies are reported to have been chosen from the South African state-owned ports and rail operator Transnet SOC Ltd to supply it with new locomotives. This is reported to be part of an investment, which is estimated to 4.7 billion dollars, and aims to restore the aging […]
Read moreMarch 18, 2014 8:39 am
The share price of Maruti Suzuki India Ltd, which is the largest car manufacturer by sales in India, increased by more than 7% on Tuesday morning in Mumbai trading as the company announced it is planning to invest about 500 million dollars in a factory construction deal and asked for the opinion of its minority […]
Read moreMarch 18, 2014 7:21 am
Ms. Mary Barra – the Chief Executive Officer of General Motors Co., which is the largest car manufacturer by sales in North America, announced three new safety recalls for more than 1.5 million vehicles, including some current models. She also explained that the company will do everything possible in order to change the way it […]
Read moreMarch 17, 2014 3:01 pm
Pirelli & C. SpA made an official statement today, revealing that the largest oil producer in Russia – NK Rosneft OAO has agreed to become Pirellis biggest investor by acquiring an indirect stake in the company. The deal is estimated to about 500 million euros (695 million dollars). Lauro61/Camfin, which is an investment group owning […]
Read moreMarch 17, 2014 1:56 pm
One of Nikon Corp.s spokesmen – Ryota Satake – announced on a telephone call that the company will stop selling its D600 digital camera model in China due to a government order it received today. The company also said that it will offer free repairs on claims that report for “black spots” defects on photographs. […]
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