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BlackBerry denies it has met with Samsung executives over a potential takeover

2015-01-15 00:56:05| Semiconductors - Topix.net

A Canadian flag flies at BlackBerry's headquarters in Waterloo, Ont., July 9, 2013.Shares of BlackBerry Ltd. have jumped more than 29 per cent, up $3.42 to $15.02, following a news report that smartphone maker Samsung Electronics Co. Ltd. has offered to buy the company for as much as US$7.5 billion.

Tags: met potential samsung executives

 

Hyundai Motor executives to sell $1.25 billion stake in logistics affiliate: source

2015-01-12 13:37:04| Automakers - Topix.net

Hyundai Motor Co's chairman and vice chairman are seeking to raise about $1.25 billion by selling shares of Hyundai Glovis, a person familiar with the matter said, a move that could smooth succession in the family-owned conglomerate. The sale could help vice chairman and heir apparent Chung Eui-sun buy stakes in key units such as Hyundai Motor, Kia Motors Corp and Hyundai Mobis Co Ltd, without subjecting Hyundai Glovis to antitrust regulations governing inter-affiliate transactions, company watchers said.

Tags: source sell motor affiliate

 
 

Executives plead not guilty over West Virginia chemical spill: media

2015-01-09 10:48:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Thursday to charges stemming from a chemical spill that fouled drinking water for about 300,000 West Virginians, media reported. Prosecutors in December accused Freedom Industries Inc, its former president Gary Southern and other officers of negligence and fraud after the discharge of a chemical pollutant into the Elk River near Charleston a year ago. The leak of a chemical foam used to wash coal breached a containment area one mile (1.6 km) upstream of a water treatment and distribution plant...

Tags: media west virginia chemical

 

Coca-Cola Lays Off 1,800 Executives

2015-01-09 03:14:18| Beverages - Topix.net

Americans just aren't guzzling carbonated drinks as much as they used to. The latest evidence of this trend emerged Thursday when Coca-Cola Co.

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China Southern Airlines Removes Executives Amid Probe

2015-01-06 09:36:21| Airlines - Topix.net

China Southern Airlines Co. said on Monday that it removed its chief financial officer and an executive vice president from their posts amid a police investigation.

Tags: china southern probe airlines

 

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