November 30, 2014 9:58 am
According to a report, one of the official representatives of Samsung Electronics Co. revealed that the company is planning to delay the launch of its Galaxy A lineup in China from November to December 2014. The company is said to be currently facing some headwinds producing its new metal-clad Galaxy A product line. A representative […]
Read moreNovember 29, 2014 11:17 am
Novartis AG announced that an accelerated review by the European authorities has been granted to a new drug for treating heart failure, improving its chances for getting a regulatory approval in Europe within 2015. The Committee for Medicinal Products for Human Use, part of the European Medicines Agency which reviews drugs and makes recommendations related […]
Read moreNovember 28, 2014 8:54 am
Uber Technologies Inc. has been forced to temporarily suspend its service in Nevada because of a state court ruling, marking the first statewide ban, which the company has faced in the U.S. A preliminary injunction was issued by the court and prevented the U.S.-based company from its statewide operations across the state. The injunction was […]
Read moreNovember 28, 2014 8:39 am
U.K.-based Mulberry Group Plc said in an official statement that it appointed Johnny Coca at the position of Creative Director. The companys choice puts an end to a long search for a worthy replacement for its British designer Emma Hill. The Chairman of the company, Godfrey Davis, said in a statement, cited by Bloomberg, that […]
Read moreNovember 27, 2014 2:28 pm
The largest retailer in the world, Wal-Mart Stores Inc., revealed that 30 of its senior executives in China were dismissed due to a major restructuring in Asia. The reorganization changes include store closures on the territory of Japan and management shifts in India. The companys spokesman in China, Ray Bracy, said in an e-mailed reply […]
Read moreNovember 27, 2014 12:44 pm
Gold was steady in quiet trade on Thursday as investors weighed global stimulus against prospects of rising rates in the US, while assets in the SPDR Gold Trust fell to the lowest in six years. Copper recovered from an eight-month low supported by monetary easing in top consumer China. Comex gold for delivery in February […]
Read moreNovember 27, 2014 10:02 am
Twitter Inc. announced it will start collecting lists of applications, which its users install on their mobile devices. The step of the social media company comes as part of a strategy to better target users by customizing advertising and content. The company said in a post on its website: “To help build a more personal […]
Read moreNovember 27, 2014 8:35 am
Google Inc. will probably be pushed to change the way it applies the “right to be forgotten” to its websites after the European Union and its privacy regulators demand the right to be forgotten to go global. A few months ago, the U.S.-based company was imposed a decision by the regulatory authorities to provide its […]
Read moreNovember 26, 2014 1:45 pm
According to a person with knowledge of the matter, Microsoft Corp. was required to pay more than $150 million by the Chinese government. The U.S.-based company is considered to have been charged in back taxes and interest by the government at a time when China is focusing on what the authorities call a foreign companies […]
Read moreNovember 26, 2014 10:25 am
According to a regulatory filing posted today, the largest mobile-phone manufacturer in the world – Samsung Electronics Co. – will buy back a total of 1.65 million common and 250 000 preferred shares, which are estimated to KRW2.19 trillion ($2 billion). The regulatory filing comes at a moment when the parent group of the South […]
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