Business
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Microsoft is to cut “thousands” of jobs worldwide
Jul 7, 2017News Hour: Microsoft is to cut “thousands” of jobs worldwide as it attempts to beef up its presence in the cloud computing sector. The technology giant wants to strengthen its cloud computing division but is facing... -
LG Electronics Inc’s Q2 operating profit likely rose 14 percent from a year earlier
Jul 7, 2017News Hour: South Korea’s LG Electronics Inc said on Friday its second-quarter operating profit likely rose 14 percent from a year earlier but fell short of market expectations. LG, in a regulatory filing, estimated its April-June... -
Qualcomm escalated its legal battle with Apple
Jul 7, 2017News Hour: Qualcomm on Thursday escalated its legal battle with Apple, filing a patent infringement lawsuit and requesting a ban on the importation of some iPhones, claiming the unlawful and unfair use of the chipmaker’s technology.... -
Samsung Electronics expects profits to soar 72 percent in the Q2 to a record high
Jul 7, 2017News Hour: Samsung Electronics expects profits to soar 72 percent in the second quarter to a record high, it said on Friday, as it moves on from a recall debacle thanks to rising memory chip prices... -
Asian markets headed into the weekend on a negative note
Jul 7, 2017News Hour: Asian markets headed into the weekend on a negative note on Friday following a sell-off on Wall Street, US jobs data coming in below par and a dive in oil prices fuelling losses across... -
Toyota is celebrating the official opening of new North American headquarters in Piano, Texas
Jul 6, 2017News Hour: Toyota Motor North America, Inc. (TMNA) is celebrating the official opening of its new North American headquarters today in Plano, Texas with a gala event to be attended by hundreds of dignitaries, partners and... -
GP Star Subscribers to get discounts from Relax Transport
Jul 6, 2017News Hour: Grameenphone Star subscribers can now enjoy a special discount on Bus tickets from Relax Transport Limited under an agreement signed in Chittagong to provide a better experience to its customers. According to the agreement,... -
Qatar Airways to press on with plans to build a stake of up to 4.75 percent in American Airlines
Jul 6, 2017News Hour: Qatar Airways is to press on with plans to build a stake of up to 4.75 percent in American Airlines in the near future, despite the “categorical” opposition of the U.S. company’s management, Qatar... -
Uber to suspend its unlicensed service UberPOP in Finland until next year
Jul 6, 2017News Hour: Uber said on Thursday it would suspend its unlicensed service UberPOP in Finland until a law deregulating the taxi market comes into effect next year. The U.S. ride-hailing company has come under fierce pressure... -
Symantec to acquire Israeli cybersecurity startup Fireglass
Jul 6, 2017News Hour: Symantec Corp is acquiring Israeli cyber security startup Fireglass, the company said on Thursday, in a small deal designed to boost its products that protect corporate email and web browsing from threats. Symantec is...
