Corporate

News Hour: Three UK commercial property funds suspended trading on Wednesday on a wave of redemptions triggered by the Brexit vote, amid a fierce leadership battle to succeed to Prime Minister David Cameron, reports BSS. Henderson...

News Hour: General Motors and its joint ventures had record June deliveries in China of 273,563 units, which was up 11.2 percent on an annual basis. The Buick, Cadillac and Baojun brands had their best June...

News Hour: Volvo Cars reported a solid double-digit sales increase for the first six months of the year, posting growth of 10.5 per cent to 256,563 cars compared to the same period in 2015. Sales of...

News Hour: Panasonic Corporation announced that, it has started to provide HD-PLC IP core license with “Multi-hop” extension. Panasonic has already been providing an IP license for the HD-PLC high-speed power line communication. The new Multi-hop extension...

News Hour: Lions Gate Entertainment Corp, the film studio behind the Hunger Games movie franchise, said it would buy premium television network Starz for $4.4 billion in cash and stock, in a deal that would unite...

News Hour: To be effective from October 1, 2016, Siemens will set up a separate unit to foster disruptive ideas more vigorously and to accelerate the development of new technologies. The unit’s name, “next47,” plays on...

News Hour: On Tuesday, Microsoft Technology Licensing LLC and Luna Mobile announced a new patent partnership that will expand smartphone and tablet technology for customers around the world. This patent collaboration comes as Luna Mobile prepares...

News Hour: Ford Motor Company has set a new benchmark in truck capability and efficiency: More than 1 million F-150 pickups with segment-exclusive EcoBoost® engines have now been sold in the United States. “We are proving that with...

News Hour: The Federal Reserve Board announced that it does not object to the planned capital actions requested by Citi as part of the 2016 Comprehensive Capital Analysis and Review. The planned capital actions include an...

News Hour: General Motors announced to invest $290 million into the Bowling Green Assembly plant to upgrade and modify the plant’s vehicle assembly operations with new technologies and processes. This investment continues GM’s drive for flexible...