December 12, 2013 1:14 pm
Airbus SAS and Boeing Co. have been leading a fierce battle over the supremacy in the biggest segment of the aircraft market for years. Finally, Airbus SAS was replaced as Air Canadas primary supplier of body-jets by Boeing Co., which won a grand order estimated at 6.5 billion dollars for its 737 Max model. The […]
Read moreDecember 12, 2013 10:41 am
It seems that Facebook has put an end to the hard time it experienced after last years disappointing initial public offering. The company announced that it will join the benchmark Standard & Poors 500 Index (SPX) next week, replacing Teradyne Inc., a manufacturer of products for testing computer chips worth $3.2 billion. The replacement will […]
Read moreDecember 12, 2013 9:03 am
Samsung Electronics Co. has managed to build the largest smartphone business in the world by taking advantage of the cheap and abundant workforce in China. This, however, will not last much longer, because the company is shifting its production to Vietnam. This decision was prompted by the fact that Vietnam offers even cheaper workforce, which […]
Read moreDecember 12, 2013 7:29 am
Yesterday it became clear that more than 5.6 billion dollars will be spent by some advertisers on YouTube in 2013. Companiess advertisement expenditures are expected to exceed the amount spent in 2012 by more than 50%. This considerable rise is due to the fact that most advertisers are constantly trying to reach more and more […]
Read moreDecember 11, 2013 3:28 pm
Bayerische Motoren Werke AG, one of the largest manufacturers and sellers of luxury cars and motorcycle worldwide, has announced that it is considering to start building engines in North America and make steps towards expanding its vehicle production in the region. The company hopes its efforts will result in capitalizing on the growing customers demand […]
Read moreDecember 11, 2013 12:31 pm
FirstGroup Plc., one of the largest transport operators in both the U.K. and North America, did not wait for a minute longer before striking back after one of its shareholders called for the company to sell its business in the U.S. Sandell Asset Management, a hedge fund with a stake estimated to about 3%, have […]
Read moreDecember 11, 2013 10:30 am
The largest foreign auto makers have recently started a fierce competition after three years of seizing market share from Chinese rivals. The goal of highest priority for Ford Motor Co., Volkswagen AG and Hyundai Motor Co. is to record significant market-share gains on the Chinese auto market, the largest one in the world. All three […]
Read moreDecember 10, 2013 11:47 am
Nokia Oyj is one of the largest international mobile communications companies. It operates a network of production facilities for mobile products and network infrastructure plus a network of sales and customer service, as well as research and software development facilities all over the world. The company officially announced that it is ready to invest about […]
Read moreDecember 10, 2013 9:17 am
Texas Instruments Inc. is known as the largest global analog and digital semiconductor IC design and manufacturing company. It also designs and manufactures semiconductor solutions for analog and digital embedded and application processing. The company is a manufacturer of chips, which are used literally in almost every digital device that may vary from space hardware […]
Read moreDecember 10, 2013 7:41 am
The European Union antitrust officials attacked companies such as Samsung Electronics Co., Royal Philips NV and Metro AGs Media-Saturn, because they suspected them in online-sales restrictions. These companies were believed to have “put in place restrictions on online sales of consumer-electronic products and small domestic appliances”, considering the fact that clauses such as these ones […]
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