In North Korea, China’s Xiaomi gets the people’s pulses racing
BEIJING/SEOUL (Reuters) – China’s smartphone and accessory maker Xiaomi Inc [XTC.UL] is winning hearts and minds in North Korea with its wearable fitness band, Chinese state media said on Thursday, a symbol of the isolated state’s increasingly sophisti…
India’s TCS warns financial clients delaying spending, shares slide
MUMBAI (Reuters) – India’s Tata Consultancy Services Ltd (TCS) has warned that its financial sector clients in the United States are holding back on discretionary spending, sending its shares tumbling as much as 6.4 percent to a six-month low.
Honda recalls 668,000 more cars in Japan over Takata air bags
TOKYO (Reuters) – Honda Motor Co on Thursday said it was recalling about 668,000 vehicles in Japan to replace air bag inflators supplied by Takata Corp , as part of an expanded nationwide recall announced earlier this year.
Samsung Electronics says selling some of its shares in ASML
SEOUL (Reuters) – Tech giant Samsung Electronics Co Ltd said on Thursday it is selling some of its shares in Dutch semiconductor equipment maker ASML Holding NV .
Apple hones marketing for Watch with focus on fitness
SAN FRANCISCO (Reuters) – Two years after unveiling the Apple Watch with apps and styles that tried to appeal to every need and every customer, Apple Inc has honed its marketing strategy, debuting a second generation product aimed squarely at the healt…
Chipotle brand view slips among consumers: poll
CHICAGO (Reuters) – Consumer opinions of Chipotle Mexican Grill have slid in recent weeks on food safety concerns, pollster YouGov BrandIndex said on Wednesday, a move that hurts the burrito chain’s efforts to recover from a string of foodborne illness…
AerCap CEO voices concern over Pratt engine delivery delays
(Reuters) – The head of the world’s largest independent aircraft leasing company, AerCap Holdings NV , voiced concern on Wednesday that a delay in delivery of some Pratt & Whitney engines could ripple out and affect AerCap’s ability to receive a new Airbus jetliner due in the next few days.
Ackman expected to shake up Chipotle leadership, restore burrito brand
BOSTON (Reuters) – Activist investor William Ackman is hungry to repair Chipotle Mexican Grill after taking a stake in the burrito chain and could begin by shaking up a long-serving board and possibly replacing the two co-chief executives, analysts an…
Tesla gets $300 million lease credit line from Deutsche Bank
SAN FRANCISCO (Reuters) – Tesla Motors Inc said on Wednesday it had entered into an agreement with Deutsche Bank whereby the electric car maker can borrow up to $300 million for its vehicle leasing program, part of a broader effort to bolster the comp…
SEC eyes contempt for Wyly estate’s failure to pay $101 million
NEW YORK (Reuters) – U.S. securities regulators said on Wednesday they want the executor of Charles Wyly’s estate held in contempt for failing to pay the $101.2 million owed as a result of the late Texas businessman’s fraud.
