September 4, 2014 1:51 pm
Microsoft Corp. unveiled its new Lumia 830 at a conference in Berlin today. This is the first flagship smartphone of the company since Microsoft acquired Nokias handset unit in a €5.4-billion ($7.2-billion) deal in April. Microsoft shared that its new device will have a 5-inch display and a 10-megapixel camera. The price of Lumia 830 […]
Read moreSeptember 4, 2014 12:16 pm
The biggest online retailer in the world – Amazon.com Inc. revealed in an official statement that its Chief Financial Officer Mr. Thomas Szkutak is retiring in June 2015. Mr. Brian Olsavsky, currently vice president of finance for the companys global consumer business is to succeed Mr. Szkutak. Amazon said in its statement that was cited […]
Read moreSeptember 4, 2014 9:57 am
Samsung Electronics Co., the largest smartphone manufacturer in the world, stepped into the spotlight yesterday, presenting several of its new devices, ahead of a similar event of major rival Apple. The centerpiece of Samsungs event was the 5.6-inch Note Edge, whose display can curve around one side of the device. “The design is quite cool […]
Read moreSeptember 4, 2014 9:04 am
Boeing Co, the worlds largest aerospace company and the biggest passenger-jet supplier to China, upgraded its projection of Chinese demand over the next 20 years to 6 020 airplanes valued at some $870 billion. The new forecast represents an 8% increase over the previous projection, and bumps China share of total airplane deliveries for the […]
Read moreSeptember 4, 2014 9:03 am
Standard Life Plc revealed in an official statement that it has reached an agreement with the biggest life insurer in Canada – Manulife Financial Corp. to sell its Canadian unit in a deal estimated to about C$4 billion ($3.7 billion). The company is making this step to fund a bumper cash payout to investors, which […]
Read moreSeptember 4, 2014 8:39 am
Britains headline index was little changed in early trading on Thursday, having risen to the highest since early 2000 on Wednesday, as investors eagerly awaited ECB and BoEs interest rate decisions due later today. FTSE 100 rose 0.17%, or 11.72 points, to 6,885.30 points by 8:33 GMT, having shifted in a daily range between 6 […]
Read moreSeptember 4, 2014 7:49 am
According to two people with knowledge of the matter, Tesla Motors Inc. is to proceed with building its first battery “Gigafactory” in Nevada. One of the spokesmen of Tesla Mr. Simon Sproule said in an interview that there will be company representatives at the announcement by Nevada Governor Brian Sandoval at 4 p.m. local time […]
Read moreSeptember 4, 2014 6:41 am
Daimler AG, the third-biggest luxury cars manufacturer in the world, acquired the mytaxi and RideScout applications as it seeks to expand its reach into transport services. The company bought 100% of Intelligent Apps GmbH, owner of mytaxi, after it purchased an initial stake in 2012, and RideScout LLC. The price of the acquisitions was not […]
Read moreSeptember 3, 2014 2:40 pm
Chrysler Group LLC, owned by Fiat SpA, revealed in a statement that its U.S. sales rose by 20% in August, surpassing analysts initial forecasts, mainly bolstered by a surge in Jeep deliveries. The head of the companys U.S. sales division Mr Reid Bigland said in a statement that was cited by Bloomberg: “Our Jeep brand […]
Read moreSeptember 3, 2014 2:27 pm
Sanofi SA, the fifth-largest pharmaceutical company in the world, announced the final phase of the efficacy study of its dengue vaccine had been successful, achieving a clinically significant and commercially promising result. The Paris-based company noted that the results will be thoroughly examined by external experts before a publication is due, but pointed to a […]
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