Samsung has stated it is boosting production to meet supply so as to reduce opportunity cost. South Korean electronics giant Samsung Electronics has disclosed that its newly launched Galaxy Note 7 is registering stronger than expected demand, causing global supply… Read More ›
Despite adopting the SUV platform, Lamborghini will continue to retain its sports car manufacturing brand. As its CEO says, it’s all about the emotion attached to the quality of the brand. Lamborghini Chief Executive, Stefano Domenicali, has disclosed that once… Read More ›
With VW cancelling a contract, its two suppliers CarTrim and ES Automobilguss had to suffer heavy losses running into tens of millions. They are wanting to be compensated for the same. If VW were to allow these losses to be… Read More ›
A surge in domestic demands and Iran’s appetite for German goods are likely to fuel further growth in Germany’s economy. After the removal of international sanctions against the Iran, Germany’s exports of equipment and machineries to the Islamic Republic has… Read More ›
As and when Panasonic makes its move, Gorenje’s share could see a lift-off. The operations of Gorenje, a Slovenian household appliances manufacturer, has come back to black midst potential takeover talks by Panasonic. Gorenje has reported that it has returned… Read More ›
Pfizer’s zeroes in on Medivation with its offer of a little more than $80 per share. According to sources familiar with the matter at hand, Pfizer Inc. is said to be in advanced talks with Medivation Inc. so as to… Read More ›
Given China’s profile, especially in the security context, it wouldn’t be surprising if it does not pass the CFIUS review. The fog of war could be lifted sometime next week, when the outcome of the review process is announced by… Read More ›
A host of factors including shortage of hard currency, vehicle parts and severe recession had earlier stalled Toyota’s manufacturing activity in Venezuela. In a move that bodes well for Toyota and for the Venezuelan economy, Toyota has disclosed that it… Read More ›
Robocalls are typically used by scam artists and telemarketers. Described as a scourge by many, a taskforce has now been created to deal with this menace. In a move designed to crack down on “robocalls”, more than 30 large communication… Read More ›
An agreement on terms of a settlement that would result in the departure of Chief Executive Philippe Dauman has been reached between Viacom and controlling shareholder Summer Redstone, reports Reuters quoting sources familiar with the situation. The battle has been a… Read More ›
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