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Tuesday, March 3, 2015
Japan's Sharp plunges on bank aid report
Shares in Sharp tumbled almost 10 percent Tuesday morning after a report said the struggling electronics maker will ask its two main lenders for aid, including a 150 billion yen ($1.24 billion) debt-for-equity swap, as it considers closing money-losing businesses.
Chinese retail powerhouse Alibaba Group said it has earmarked NT$10 billon to fund Taiwanese youth who want to build up a business on its e-commerce systems.
Environmental group Greenpeace said Monday it had suspended cooperation with paper giant Asia Pulp and Paper (APP) after an Indonesian farmer was allegedly beaten to death by guards linked to the company.
Monday, March 2, 2015
South Korea has been portrayed as the biggest threat to Taiwan's machine tool sector as it prepares to sign a free trade deal with China, but one Taiwanese machine tool executive says the sector is currently under much greater pressure from Japan.
Ahead of the March 2-5 Mobile World Congress trade show in Spain, Taiwanese PC maker Acer Inc. (宏碁) unveiled a new Windows-based smartphone on Sunday that can be upgraded to accommodate the future Windows Phone 10 operating system.
Taiwanese IC companies said on Sunday that their primary objective this year will be to capture a share of the rapidly expanding market for automotive display chips.
Buffett reflects on his firm's success, strength
Investor Warren Buffett believes his company, Berkshire Hathaway, will continue to thrive for decades thanks to its vast and varied collection of “remarkable businesses” and investments, which will help it withstand challenges in any one sector.
The combined global market share for the world's two top tablet vendors, Apple Inc. and Samsung Electronics Co., for the first time has fallen beneath 50 percent, as smaller players edge in with more innovative designs and cheaper products, according to mobile research firm Strategy Analytics.
Bailed-out Spanish financial giant Bankia announced Saturday an 83-percent jump in its 2014 net profits to 747 million euros, though the group remains under investigation for an ill-fated 2011 stock listing.
Sunday, March 1, 2015
Apparently Google bloggers like to post porn. A lot.
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