Taiwan economy: an aging tiger in need of cubs
TAIPEI (Reuters) – Jason Tsai is among the few in Taiwan with excellent English, but two years after graduating from university the highly sought language skill has failed to secure him a well-paying job.
Samsung SDI to sell 5 million Samsung C&T shares after ruling
SEOUL (Reuters) – South Korean conglomerate Samsung Group said on Sunday its battery-making arm Samsung SDI Co Ltd will sell $622 million worth of shares in sister firm Samsung C&T Corp to comply with regulatory requirements.
Valeant says CEO J. Michael Pearson hospitalized with severe pneumonia
NEW YORK (Reuters) – Valeant Pharmaceuticals International Inc Chief Executive J. Michael Pearson was hospitalized with a “severe case of pneumonia” on Friday and is receiving treatment, a company spokeswoman said.
Ferrari recalls 185 California T vehicles due to fuel leak risk
(Reuters) – Ferrari North America Inc., a division of Ferrari NV , is recalling some 2016 California T vehicles due to the risk of a fuel leak in the engine compartment, according to a U.S. Department of Transportation (DOT) notice on Friday.
Valeant CEO J. Michael Pearson hospitalized with severe pneumonia – NYT
NEW YORK (Reuters) – Valeant Pharmaceuticals Chief Executive J. Michael Pearson was hospitalized with severe pneumonia on Friday, the New York Times reported, citing a company spokeswoman.
China says AIIB up and running early in the new year
BEIJING (Reuters) – The China-backed Asian Infrastructure Investment Bank (AIIB) has been formally established and is expected to be operational early next year, the official Xinhua news agency said on Friday.
Toyota tops global car sales in November, outsells VW for fifth month
TOKYO (Reuters) – Toyota Motor Corp sold more cars than Volkswagen AG for the fifth consecutive month in November, putting the Japanese firm on track to remain the world’s top-selling automaker in 2015 as sales at the German maker suffer following a di…
Financial sector key to final week of trading
NEW YORK (Reuters) – As 2015 draws to a close next week, the fortunes of the last few trading days of the year may be dictated by the direction of the financial sector.
Oil above $37 as U.S. supply tightens, still near 11-year low
NEW YORK (Reuters) – Oil edged further above $38 a barrel on Thursday before retreating as it remained within sight of an 11-year low reached this week, as traders put positions in order ahead of an expected week of low liquidity ahead.
Apple asks court to make Samsung pay $180 million more in patent dispute
NEW YORK (Reuters) – Just over a week after Samsung paid Apple more than $548 million for infringing the patents and designs of the iPhone, Apple has asked a U.S. court to force its biggest smartphone rival to cough up even more.
