General Motors Co will pay $35 million in US fine for not responding swiftly to an ignition switch problem with millions of its cars, the US Transportation Department announced today. …
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A US appeals court on Wednesday refused to reignite a Samsung patent case against Apple, agreeing with the ruling by the International Trade Commission that Apple was not guilty of …
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AT&T is in negotiations with a view to buying DirecTV, a satellite TV provider, and may seal the possibly $50 billion deal in the next couple of weeks, two sources …
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PetroChina Co., the largest operator of pipelines in the country, will dispose pipelines valued at $6.3 billion as the government proceeds to liberalize markets for private investment. A statement released …
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Swisspartners Group, a money-manager in Zurich, has reached an agreement to end a US criminal tax investigation, where it will pay $4.4 million for working in cahoots with American tax-evaders. …
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Barclays bank of UK will axe about 7,000 positions by the end of 2016 as it implements a new strategy. The investment bank has suffered reduced demand for corporate and …
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Apple is about to conclude a deal in which it will buy Dr. Dre’s headphone maker and music-streaming service. The smartphone maker is in talks to buy Beats Electronics LLC …
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AirAsia, the biggest low-cost carrier in the region won a license to operate its Indian venture as rivalry intensifies in one of the fastest expanding air-travel markets in the world. …
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Office Depot said it plans to shut down up to 400 stores in the United States within two years as it hopes to streamline operations after merging with OfficeMax. The …
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The president and chief executive officer of Target Gregg Steinhafel quit on Monday as the retailer continues to grapple with a tainted image close to five months after a huge …
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