November 25, 2013 3:17 pm
Samsung and LG are testing curved screens for mobile phones and wearable devices. The South Korean companies are competing against each other to deliver flexible displays to their mobile devices. Success in doing so could give them a significant advantage over Apple, Google and other makers of wearable devices in a segment that is shaping […]
Read moreNovember 25, 2013 2:31 pm
Boeing Co. informed airlines that some Dreamliner aircraft running with General Electric Co. engines must bypass thunderstorms as a precautionary measure, the latest advisory on the 787 that was grounded globally earlier this year. The advisory recommended Japan Airlines Co., the world’s second-largest Dreamliner operator, to switch to other aircraft on routes linking Delhi and […]
Read moreNovember 25, 2013 1:16 pm
PSA Peugeot Citroen is looking for a replacement of the Chief Executive Philippe Varin after he requested to step down next year. The company is reviewing options among which is to hire former Renault SA Chief Operating Officer Carlos Tavares on the position, two people familiar with the matter said to Bloomberg. The search comes […]
Read moreNovember 25, 2013 12:34 pm
U.S. stock-index futures rose, indicating the Standard & Poor’s 500 Index will extend its record from last week, as Iran agreed to limit its nuclear program. Futures on the S&P 500 expiring in December advanced 0.3% to 1,807.60 at 7:17 a.m. in New York. The benchmark index rose for the past seven weeks, its longest […]
Read moreNovember 25, 2013 9:01 am
Cyber Monday, is one of the busiest online-commerce days of the year. Recently analysts observed it is spilling into the rest of the holiday season as more consumers use mobile devices as a more convenient method to shop online. Many shoppers are not waiting to return to work on the Monday after Thanksgiving to surf […]
Read moreNovember 25, 2013 7:49 am
Apple Inc. agreed to acquire PrimeSense Ltd., the maker of motion-tracking technology that was used in Microsoft Corp.’s Xbox game console. The Apples spokeswoman confirmed the purchase yesterday in a telephone interview according to Bloomberg adding that Apple tends to acquire smaller technology companies without saying the purpose of the purchase. Apple, the maker of […]
Read moreNovember 24, 2013 9:07 am
Microsoft answered the challenge posed by Sony and have sold over 1 million of its new Xbox One game consoles within 24 hours of their intro to the US market on Friday. The new console, which launched in 13 countries, while PS4 was concentrated on fewer markets, set a record for first-day Xbox sales and […]
Read moreNovember 21, 2013 1:12 pm
Tesla Motors Inc. has been in the center of news recently as the auto maker had to deal with engine fires investigated by US auto regulators . Meanwhile, other luxury manufacturers like Porsche have begun to attack the alternative energy car market on their own. However, as of right now, no one runs on an […]
Read moreNovember 21, 2013 11:54 am
U.S. stock-index futures rose, predicting the Standard & Poor’s 500 will halt three consecutive days of losses, as investors focus their attention on initial jobless claims report in the world’s largest economy. Futures on the S&P 500 expiring in December gained 0.2% to 1,783.3 at 11:53 a.m. in London. The benchmark index dipped yesterday after […]
Read moreNovember 21, 2013 10:30 am
Chinese auto industry demand, contrary to global financial crisis in the global markets, kept expanding, accounting for one-third of the industry’s total growth over the period of five years between 2008 and 2013. Last year, annual sales of passenger cars and minivans remained, 9% and 14% below their pre-crisis peaks in the US and Western […]
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