The stakes are high for both Apple and Samsung Electronics as they prepare to kick off their much-anticipated patent-infringement trial in front of a California jury on Monday. At the end of the proceedings, the 10-member jury, under the ...
Tags: Apple, Samsung Electronics, patent, nfringement trial
Russian president Mr Vladimir Putin on Thursday called for the billionaire owners of the Alfa-Access-Renova consortium to invest the USD 28 billion cash they will get from selling their 50% stake in TNK-BP locally. Mr Putin told reporters ...
Tags: Russian president, AAR, oil
Reuters reported that General Motors and PSA Peugeot Citroen scrapped plans for a joint mid size car program, narrowing the scope for vehicle sharing within their nascent alliance while adding engine cooperation. The automakers in a ...
Tags: General Motors, PSA Peugeot Citroen, plans, car program
Reuters reported that troubled steelmaker Lucchini, Italy's second largest producer, has requested to be placed under receivership procedures to save it from bankruptcy. The measure, which involve the appointment of an administrator ...
Tags: steelmaker, Lucchini, Italy, bankruptcy
PTI reported that Adani Enterprises’ promoters have fixed INR 282 as the floor price for selling the company’s 2.3 crore shares, a move which may help them garner around INR 650 crore by selling a little over2% stake. The sale ...
Tags: Adani Ent, INR 282, floor price, shares
A company spokeswoman said that Renault will sign a pact today to build its first plant in Algeria during a highly symbolic visit by Mr François Hollande President to the former French colony. She said that “Renault will sign ...
Sharp has been bailed out by the banks to the tune of $4.6bn. Mizuho Corporate Bank and the Bank of Tokyo-Mitsubishi are to put up $2.3bn in loans and extend a $2.3bn revolving credit facility. Sharp has debts of $12.76bn, of which ...
Tags: Sharp, Mizuho Corporate Bank, collateral, debts, lay off
Japan's Sharp, one of the world's largest makers of LCD panels and a supplier of displays for Apple products, has taken the rare step of mortgaging its factories and buildings to secure an emergency loan from its main banks, a spokeswoman ...
Tags: Sharp, Japan, LCD panel, electronics industry
Siemens has announced that it plans to publicly list its Osram subsidiary in the autumn of 2011. The parent company has said it will continue to retain a minority stake in the lighting brand and that it will continue as a long-term ...
Tags: Osram, Siemens, LED lighting
Taipei, Sept. 11, 2012 (CENS)--The Financial Supervisory Commission (FSC) has agreed to allow banks buying into mobile payment platform company organized by five major telecom carriers and EasyCard Corp, so as to tap the massive ...
Tags: Taiwan, FSC, mobile payment, EasyCard Corp, mainland China
5N Plus Inc of Montreal, Quebec, Canada, a producer of specialty metal and chemical products, says that its new Malaysian recycling facility is now operational. Located in the Kulim High Technology Park (one of Malaysia's highest-profile ...
Tags: 5N Plus, chemical products, recycling, recycling services
America may be the largest consumer of diamonds today but the focus is now being shifted to Asia which could overtake the US by the end of this decade. Rapid growth of consumers in China and India is helping now to drive a rebound from the ...
Tags: consumer of diamonds, consumers in China, economic downturn, America
Microsoft and Barnes & Noble have finalized the creation of a joint venture that will deliver e-reading applications, and the new company will be called Nook Media LLC, the book seller said on Thursday. Previously called NewCo, the joint ...
Tags: Microsoft, Barnes and Noble, joint venture, e reading applications
Softbank will soon offer a new satellite phone for use in earthquakes and other natural disasters. The Japanese carrier said Monday it has teamed with Thuraya, a Dubai-based provider of satellite operator services and phones, to offer ...
Tags: Computer Products, Softbank, Satellite, Phone, Earthquakes
Shell and engineering company Technip have signed a heads of agreement to enhance collaboration on the design, engineering, procurement, construction and installation of future innovative floating LNG projects, the latter said Thursday. ...
Tags: floating LNG projects, Technip, Shell, Gas Corp, Gas