Corporate
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GM sets June and first half delivery records in China
Jul 6, 2016News 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... -
Volvo Cars reported a solid double-digit sales increase for the first half of 2016
Jul 4, 2016News 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... -
Panasonic starts to provide HD-PLC IP core license with Multi-hop extension
Jul 2, 2016News 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... -
Lionsgate to acquire Starz for 4.4 Billion Dollar
Jun 30, 2016News 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... -
Siemens founds next47 as separate unit for startups
Jun 30, 2016News 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... -
Luna Mobile and Microsoft to partner on mobile technology
Jun 30, 2016News 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... -
Ford F-150 EcoBoost hits 1 million sales
Jun 30, 2016News 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... -
Citi announces 2016 planned capital actions
Jun 30, 2016News 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... -
GM invests $290 Million in Bowling Green Assembly plant
Jun 26, 2016News 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... -
ICICI Bank launches contactless Credit Card with Jet Airways for SMEs
Jun 26, 2016News Hour: ICICI Bank announced the launch of the country’s first contactless business credit card in association with Jet Airways, India’s premier international airline, for small and mid-sized enterprises (SMEs) and their employees. Christened ‘Jet Airways...