Aggregator
Toshiba to Launch New Tablet Computer
Toshiba said that it will release by year-end a tablet computer that runs on Google's Android operating system as the company aims to compete with Apple's iPad.
Categories: Wall Street Journal
Toshiba to Launch New Tablet Computer
Toshiba said that it will release by year-end a tablet computer that runs on Google's Android operating system as the company aims to compete with Apple's iPad.
Categories: Technology, Wall Street Journal
Goldcorp Trumps Eldorado’s Bid for Andean Resources
Goldcorp Inc., the second-biggest Canadian gold producer by market value, agreed to buy Andean Resources Ltd. for about C$3.6 billion ($3.4 billion) in cash and stock, trumping an all-share bid from Eldorado Gold Corp.
Categories: Business and Operations
Roche Launches Cost-Costing Plan
Roche said it has launched a cost-cutting and efficiency plan in the wake of increased price pressures and a series of drug-development setbacks.
Categories: Wall Street Journal
Asian Stocks Rise After U.S. Home Sales; Japanese Bonds Fall
Asian stocks rose, extending the benchmark index’s biggest weekly gain in a month, as a surprisingly positive increase in pending U.S. home sales lifted confidence in the world’s largest economy. Japanese bonds dropped while the South Korean won strengthened.
Categories: Business and Operations
U.S. Probes Fire in Gulf of Mexico That Sparked BP Déjà Vu
U.S. officials are investigating the cause of a fire yesterday on a Mariner Energy Inc. oil and natural-gas platform in the Gulf of Mexico that initially drew parallels with the BP Plc spill disaster.
Categories: Business and Operations
TPG Sells Ping An Stake For $1.16 Billion
Private-equity firm TPG Inc. has sold its remaining stake in Ping An Insurance for $1.16 billion in the latest example of how the U.S. company is reaping profits from its investments in Asia.
Categories: Wall Street Journal
Bond-Market Bubble to Burst, Boost Stocks, Axa Framlington Says
A “bubble” in fixed-income markets is set to burst and will drive funds into stocks, according to Axa Framlington, which oversees $30 billion in global assets.
Categories: Business and Operations
Sukuk Beaten by Emerging Debt for Fourth Month: Islamic Finance
Islamic bonds lost to emerging- market debt for the fourth month in August and fund managers say returns won’t catch up until trading increases and Persian Gulf companies restructure their debt.
Categories: Business and Operations
Baidu Unveils App Store
Baidu unveiled a platform that lets users run applications through the company's website, beating Google to the punch. Users of the service can run applications similar to those found on Facebook or Apple's App Store.
Categories: Technology, Wall Street Journal
Peso GDP Warrants Reach Cheapest in 5 Months: Argentina Credit
The Argentine currency’s record losing streak is dragging peso-denominated warrants tracking economic growth to the lowest in five months relative to those priced in dollars.
Categories: Business and Operations
Japan Pension Boosting Asset Sales to $48 Billion
Japan’s public pension fund, the world’s largest, will increase asset sales by more than five times to about 4 trillion yen ($48 billion) this fiscal year as payouts rise with the nation’s population aging.
Categories: Business and Operations
Techs Lead in Tokyo, Seoul
Asian stock markets were modestly higher Friday with technology plays leading markets in Tokyo and Seoul. The Nikkei rose 0.4%.
Categories: Wall Street Journal
Ex-Googler Lee Backs China Companies to Foster Startup Culture
Founded by Kai-Fu Lee, former head of Google's China division, business incubator Innovation Works is funding 12 startups amid strong demand for Web technology
Categories: Business and Operations
Samsung Unveils iPad Rival
Samsung introduced its Galaxy Tab to rival Apple's iPad tablet. The device could help the company make up for lost ground in its smartphone business.
Categories: Technology, Wall Street Journal
iPhone Adds Carriers in Germany
Deutsche Telekom will lose exclusivity for Apple's iPhone in Germany ahead of the holiday shopping season, bringing the number of providers that sell the device in the country to three.
Categories: Technology, Wall Street Journal
Video Game Tort: You Made Me Play You
Does needing an online fix qualify as bodily harm?
Categories: Technology, Wall Street Journal
BK's Strategy: Play Catch-Up
Burger King Holdings agreed to a $3.3 billion leveraged buyout by private-equity firm 3G Capital Management that proposes to reinvigorate the struggling hamburger chain by accelerating its international expansion.
Categories: Wall Street Journal