April 3, 2014 11:44 am
According to an official statement, which was posted on the website of the China General Administration of Quality Supervision, Inspection and Quarantine, Bayerische Motoren Werke AG (BMW) will withdraw a total of 232 098 vehicles in China because of a defective engine-control component. Currently, China is considered as the largest market of the car maker. […]
Read moreApril 3, 2014 9:32 am
Vodafone Group Plc made an official statement, revealing that its division located in the U.K., which has roughly 19 million customers, plans to invest about 1 billion pounds (1.66 billion dollars) in networks and services in 2014. The company said that it plans to add 150 new stores to its chain and create 1 400 […]
Read moreApril 3, 2014 8:39 am
It looks like Microsoft Corp. is making everything possible to get back in the competition of mobile devices and catch up with its major rivals Apple Inc. and Google Inc. The company revealed that its Windows Phone software was updated and explained that it features a special voice-search application, called Cortana. The company also announced […]
Read moreApril 3, 2014 8:17 am
Britains headline index was steady on Thursday as investors were reluctant to enter big positions ahead of ECBs policy meeting due later today. A recent series of upbeat data from the US and expectations for monetary stimulus in China following renewed signs of economic slowdown kept global equities underpinned. The FTSE 100 index was up […]
Read moreApril 3, 2014 7:25 am
Microsoft Corp. made an official statement, saying that it has made the decision of making its Windows operating system licenses free of charge for mobile phones and tablets, whose screens are smaller than nine inches. This move of the company has been provoked by its attempt to work out a more successful strategy for the […]
Read moreApril 3, 2014 6:29 am
Amazon.com Inc. revealed that it is entering the competition with large technological companies on the arena of television services, which is considered as highly competitive. The company plans to launch a new video streaming device that is expected to become a worthy rival of giants such as Apple Inc., Google Inc. and Roku Inc. and […]
Read moreApril 2, 2014 2:23 pm
The strike of Deutsche Lufthansa AG pilots, who are seeking better wages and retirement benefits, may turn into the longest walkout in the history of the company. The pilots of the airline were reported to have become the reason for the cancellation of 3 800 flights over the next three days, which would affect a […]
Read moreApril 2, 2014 1:38 pm
Ford Motor Co. announced that its joint venture in Russia is about to dismiss about 950 employees at two factories due to decreasing demand in the country and the weak performance of the ruble. The spokesman of Ford in Germany – Mr. John Gardiner reported that about 700 jobs are to be cut in a […]
Read moreApril 2, 2014 11:20 am
According to two people with knowledge of the matter, who asked not to be named, because the negotiations are still private, Goldman Sachs Group Inc. has decided to sell its New York Stock Exchange market-making division to a Dutch investment firm. The people reported that Goldman Sachs Group Inc. is in talks with IMC (International […]
Read moreApril 2, 2014 9:18 am
BlackBerry announced late on April 1st that it has decided not to renew its licensing agreement with T-Mobile Inc. that expires later in April this year. This move of BlackBerry comes surprisingly about two months after the Chief Executive Officers of both companies had an online dispute. The problems between the companies began in February […]
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