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Business - Lenovo announces biannual mobility refresh plans

Lenovo has outlined for fiscal year 2016 it plans to continue to grow its mobility market share between its two smartphone brands, Lenovo and Motorola, each targeting different segments of the market.

Wednesday, May 27, 2015  00:54


Business - Charter Communications` $55B Deal for Time Warner Cable

It was a bad first day for the markets following the holiday weekend. All three major indices closed the day lower, with the S&P 500 and Nasdaq seeing their biggest drop since May 5, and the Dow seeing its biggest drop this month.

Wednesday, May 27, 2015  00:54


Market - The 10 most valuable global brands

Apple has the most valuable brand in the world, up 67% over the last year, according to a BrandZ ranking.

Wednesday, May 27, 2015  00:35


Personel Finance - House hunting horror stories

It`s tough to be a buyer in a seller`s market. Just ask these wanna-be home buyers.

Tuesday, May 26, 2015  23:39


Business - Charter`s $56 billion Time Warner Cable deal to face U.S. scrutiny

By Malathi Nayak and Diane Bartz NEW YORK/WASHINGTON (Reuters) - Charter Communications Inc, seeking to remake the U.S. cable television industry by acquiring larger rival Time Warner Cable Inc for $56 billion, will try to skirt the regulatory obstacles that helped sink Comcast Corp`s earlier bid for Time Warner Cable. The combined company would control a big swath of the cable and Internet markets, marking a huge step toward industry consolidation, long advocated by cable pioneer John Malone, Charter`s biggest shareholder. The agreement is the latest example of how cable companies are grappling with declining subscriber numbers as viewers shift to cheaper and more flexible streaming services offered by Netflix Inc, Inc, Hulu and others.

Tuesday, May 26, 2015  23:21


Business - Bernanke sees no extreme moves in U.S. markets, asset prices

SEOUL (Reuters) - Former Federal Reserve Chairman Ben Bernanke said on Wednesday there were no signs of extreme movements in the U.S. real estate and financial markets, but criticized the U.S. Congress for failing to approve the IMF reform measures.

Wednesday, May 27, 2015  04:15


Business - Fed`s Lacker says letting banks fail will restore market discipline

Policymakers must ensure that financial industry creditors do not expect government bailouts and must be willing to let firms fail in order to restore market discipline, a top Federal Reserve official said on Tuesday. The remarks by Jeffrey Lacker, president of the Richmond Federal Reserve Bank, repeated much of what he has previously said about what regulators need to do to make the financial system safer. Lacker, a voting member this year on the Fed`s policy-setting committee, did not discuss monetary policy.

Wednesday, May 27, 2015  01:30


World - Ford takes on North African market by opening offices in Morocco

American manufacturer Ford announced the opening of two sales offices in Morocco, in Casablanca and Tanger (north), an implantation that would allow it to strengthen its presence on the North African market. Video provided by AFP

Wednesday, May 27, 2015  00:16


World - Hacking victims win record court damages from UK tabloid

The publisher of Britain`s Daily Mirror newspaper was on Thursday ordered to pay former England football star Paul Gascoigne and seven other victims of phone-hacking `unparallelled` awards totalling £1.2 million (1.7 million euros, $1.9 million). Gascoigne, known as Gazza, was awarded £188,250 following a privacy trial at the High Court in London earlier this year, while actress Sadie Frost, the ex-wife of actor Jude Law, received £260,250. Trinity Mirror, which owns the Daily Mirror, Sunday Mirror and Sunday People national tabloids, said it was considering an appeal.

Thursday, May 21, 2015  16:07


World - Thomas Cook cuts losses, says sorry over Corfu deaths

British travel firm Thomas Cook on Wednesday announced a reduction in first-half losses, as its chief executive belatedly apologised for its handling of a family tragedy in Corfu that badly hit its reputation. Losses after tax stood at £302 million ($469 million, 421 million euros) in the six months to the end of March compared with a net loss of £364 million during Thomas Cook`s first half one year earlier. Thomas Cook has faced calls on social media for a boycott over the way it dealt with the deaths of two British children killed by carbon monoxide poisoning on one of its holidays on the Greek island of Corfu in 2006.

Wednesday, May 20, 2015  18:01

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