Toshiba keen to seal $18 billion chips sale wrestles with last-minute delays Toshiba keen to seal $18 billion chips sale wrestles with last-minute delays: Japan’s Toshiba Corp (6502.T) is locked in last minute discussions over “key issues” with the would-be buyers of its $18 billion memory chip business led by U.S. […]
Google bets anew on smartphones, pays $1.1 billion for HTC’s Pixel division Google bets anew on smartphones, pays $1.1 billion for HTC’s Pixel division: Alphabet Inc’s (GOOGL.O) Google said it would pay $1.1 billion for the division at Taiwan’s HTC Corp (2498.TW) that develops the U.S. firm’s Pixel smartphones – its […]
Apple’s iPhone 8 sees muted launch in Asia Apple’s iPhone 8 sees muted launch in Asia: Apple Inc’s (AAPL.O) launch of iPhone 8 kicked off in a less lively mood in Asia, versus previous debuts, as fans held out for the premium iPhone X due out in early November. Hundreds of […]
Flood fix and flip Houston housing investors see profit in Harveys wake Flood fix and flip Houston housing investors see profit in Harveys wake: Addressing a real estate conference in flood-ravaged Houston this month, longtime investor Ray Sasser detailed his strategy: buy up to 50 flooded homes at deep discounts, […]
EU eyes solo move to increase tax on online giants risking U.S. anger EU eyes solo move to increase tax on online giants risking U.S. anger: The European Commission said on Thursday it may seek to implement tax reform to raise more revenue from online giants without the backing of the […]
Oil settles flat as unease builds ahead of OPEC meeting Oil settles flat as unease builds ahead of OPEC meeting: Oil prices settled nearly flat on Thursday, the eve of a meeting of major oil-producing countries in Vienna to discuss whether they will extend production limits that have helped reduce the […]
Daimler joins rush to add more North American auto plants Daimler joins rush to add more North American auto plants: U.S. automakers are facing mounting pressure amid slowing demand in the country, as automakers from Asia and Europe aggressively ramp up vehicle production in North America, including a new investment by […]
Despite tough talk, Canada seen unlikely to walk away from NAFTA Despite tough talk, Canada seen unlikely to walk away from NAFTA: Despite Canada’s threats to walk away from NAFTA talks if necessary, its limited success in diversifying exports leaves the nation too reliant on U.S. markets to play hardball, […]
Nvidia investors should ignore the noise about a Tesla-AMD partnership Nvidia investors should ignore the noise about a Tesla-AMD partnership: Shares of Nvidia Corp. sank in active trade Thursday, amid worries that Tesla Inc. was now working with Advanced Micro Devices Inc. on self-driving cars, but some analysts suggested those […]
North American exodus at PetroChina sparks speculation of company shift North American exodus at PetroChina sparks speculation of company shift: A flurry of departures across the U.S. and Canadian units of Chinese state energy firm PetroChina Co Ltd (601857.SS) have sparked speculation that the oil trader is reducing its presence […]