Tag Archives: Industries

25Feb/16

Cook: Unlocking is “bad for America”

Apple CEO Tim Cook said he would take his fight with the FBI over privacy all the way to the Supreme Court. Fred Katayama reports.
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08Dec/15

Anglo American’s deep cuts hurt

Anglo American will sell more assets, suspend dividends until the end of 2016 and whittle down its business divisions to three from six. As Hayley Platt it’s the mining company’s response to severe commodity price falls. Continue reading

26Nov/15

Glencore’s Zambia copper mining unit lays off 4,300 workers – company and union sources

Lusaka, Zambia (Reuters) – Glencore’s Zambian unit has laid off 4,300 workers, union and company sources said on Tuesday, as the mining and trading company deepens cuts in copper output to support flagging prices.
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25Oct/15

A smartphone that keeps getting smarter

Sharp Corporation hopes that RoBoHoN changes the future of smartphones, by turning them into mobile robots. Sharon Reich reports.
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12Oct/15

Dell buys EMC for $67 billion

(BVO) – It’s the biggest tech deal ever. Dell is buying the data storage giant EMC for about $67 billion in cash and stock. It will pay a 19 percent premium.
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09Oct/15

Musk disses Apple

(BVO) – A Musk-read story on Apple. Elon Musk bashing Apple, saying he and his staff jokingly call it the “Tesla Graveyard.” The CEO of the electric car maker made those comments in an interview with the German business daily Handelsblatt. Musk contending that iPhone maker has – in his words – “hired people we’ve fired.”
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29Sep/15

Glencore shares halt slide, broker recommends going private

Shares in commodity trading firms take another tumble, driving global stocks to their lowest in more than two years, as pressure built on raw materials prices and emerging markets.
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07Sep/15

Glencore to suspend dividend, sell new shares to cut debt

Mining and commodities trading firm Glencore announces it will suspend dividends, sell assets and raise $2.5 billion in a new share issue as it aims to cut its debt by a third to $20 billion by the end of next year.

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