Corporate
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Panasonic to invest more than $256 million in a New York production facility of Tesla Motors to make PV cells
Dec 28, 2016News Hour: Panasonic Corp will invest more than 30 billion yen ($256 million) in a New York production facility of Elon Musk’s Tesla Motors to make photovoltaic (PV) cells and modules, deepening a partnership of the two... -
Tata group sues former chief for breach of confidentiality
Dec 28, 2016News Hour: Indian salt-to-steel conglomerate Tata upped the ante in their bitter dispute with ousted former chairman Cyrus Mistry on Tuesday, saying they were suing him for breach of confidentiality. Tata Sons, the holding company of... -
Shrimp sector stakeholders in Bangladesh discuss about importance of product certification
Dec 26, 2016News Hour: Bangladesh Shrimp and Fish Foundation (BSFF) and Solidaridad Network Asia today organized a day long workshop in Dhaka on Voluntary Certification for positioning Galda and Bagda as the Premium Brands in the International Market.... -
Iran negotiated to pay only about half the announced price for 80 new Boeing airliners
Dec 25, 2016News Hour: Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing airliners in an order that the American planemaker had said was worth $16.6 billion. Boeing... -
Snapchat to acquire Cimagine
Dec 25, 2016News Hour: Messaging app Snapchat is buying Israeli augmented reality startup Cimagine Media for an estimated $30-$40 million, marking Snapchat’s first acquisition in Israel, the Calcalist financial daily reported on Sunday. Cimagine developed True Marketless Augmented... -
Teva Pharmaceuticals reaches settlement with the US government on FCPA
Dec 24, 2016News Hour: Teva Pharmaceuticals Industries Ltd. announced the conclusion of negotiations with the United States government over violations of the Foreign Corrupt Practices Act (FCPA). Following Teva’s voluntary worldwide investigation into business practices, Teva and the... -
China to fine GM joint venture 201 million yuan for monopolistic pricing
Dec 23, 2016News Hour: China will fine U.S. automaker General Motors Co’s joint venture 201 million yuan ($29 million) for monopolistic pricing, state television reported on Friday, ending speculation after an official warned of penalties against a U.S.... -
The total value of all bitcoins in circulation hit a record high above $14 billion
Dec 22, 2016News Hour: The total value of all bitcoins in circulation hit a record high above $14 billion on Thursday, as the web-based digital currency jumped 5 percent on the day to its highest levels in three... -
Airbus signs firm contract for the sale of 100 aircraft to Iran Air
Dec 22, 2016News Hour: Airbus signed a firm contract on Thursday for the sale of 100 aircraft to Iran Air, as Tehran and Western companies race to re-open trade almost a year after sanctions against Iran were lifted. Airbus... -
Cyrus Mistry resigned from all of the Tata companies
Dec 20, 2016News Hour: Cyrus Mistry, the ousted former chairman of Indian conglomerate Tata, announced on Monday he had resigned from all of the group’s listed companies as he pledged to escalate his bitter dispute with company patriarch...
