Corporate
-
Amazon banned reviews of products received free or at discounts
Oct 4, 2016News Hour: Amazon on Monday banned reviews of products received free or at generous discounts unless authors have been deemed trustworthy by the online retail giant. The online retail giant previously allowed “incentivized” reviews of items, as... -
Henderson Group agreed to buy Janus Capital Group Inc in all-share $6 billion deal
Oct 3, 2016News Hour: London-based asset manager Henderson Group agreed to buy U.S. rival Janus Capital Group Inc on Monday in an all-share $6 billion deal to cut costs and boost profits in the face of growing competition... -
Sharp Corp to spend $570 million on OLED screen business
Sep 30, 2016News Hour: Japan’s Sharp Corp said it will spend $570 million on its organic light-emitting diode (OLED) screen business – one of its first major investments since it was taken over by Taiwan’s Foxconn although the... -
Mitsubishi Motors to continue selling vehicles after the cheating scandal
Sep 30, 2016News Hour: Japanese automaker Mitsubishi Motors Corp will resume domestic sales of eight vehicle models on Oct. 1, the company said on Friday, after correcting overstated mileage readings in its second cheating scandal this year. Japan’s... -
Apple announced alliance with Deloitte to get more businesses
Sep 29, 2016News Hour: Apple on Wednesday announced an alliance with professional services group Deloitte to get more businesses using iPhones and iPads as workplace tools. Deloitte is creating an Apple practice with more than 5,000 strategic advisors... -
Orders for durable goods manufactured by US unchanged were in August
Sep 29, 2016News Hour: Orders for US manufactured durable goods were unchanged in August, hitting a plateau after rising in July, according to data released on Wednesday by the Commerce Department. Total new orders for manufactured goods totaled... -
Air Berlin cuts 1200 jobs
Sep 29, 2016News Hour: Struggling Air Berlin, Germany’s second-largest airline, announced on Wednesday a major restructuring plan that shrinks its fleet and cuts 1,200 jobs. In a statement, the loss-making company said it planned to “concentrate its core... -
Novo Nordisk announces plans to reduce workforce
Sep 29, 2016News Hour: Novo Nordisk has today announced its intention to reduce its workforce by approximately 1,000 employees of the 42,300 positions in the company’s global organization. This is one of the several actions taken to reduce... -
Lanxess to buy Chemtura for $2.7 billion
Sep 26, 2016News Hour: Lanxess AG is to buy U.S. speciality chemical company Chemtura for 2.4 billion euros ($2.69 billion) including debt in the German company’s largest ever takeover, moving it further away from its main synthetic rubber... -
Pfizer gives up it’s plan to split into two companies
Sep 26, 2016News Hour: U.S. drugmaker Pfizer Inc, which has been considering a split into two companies for more than two years, said on Monday it will not do so because the move would not create any shareholder...
