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China auto sales drop to new low in 2015

2016-01-12 22:12:17| Auto Dealers - Topix.net

Auto sales in China grew at the slowest pace in three years in 2015 as demand fell in the world's largest car market, data from an industry association showed today. About 24.59 million automobiles were sold in 2015, a year-on-year increase of 4.7 percent, according to the China Association of Automobile Manufacturers.

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BP to slash 4,000 jobs globally as oil prices drop

2016-01-12 17:00:24| Oil & Gas - Topix.net

BP to cut 4,000 jobs globally as oil prices drop BP employs about 17,000 people in the U.S., with operations in Texas and Alaska Check out this story on KHOU.com: http://usat.ly/1P77Fmd NEW YORK-- Oil producer BP plans to slash more than 4,000 jobs over the next two years as oil prices plummet. BP will reduce its global upstream staff from 24,000 to "well below" 20,000 by the end of 2017, the company said in an emailed statement.

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Oil prices drop due to weak Chinese market

2016-01-11 01:00:00| Offshore Technology

Oil prices have fallen following volatility in the Chinese market that dimmed hopes of a revival in demand during 2016.

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Juniper Networks will drop code tied to National Security Agency

2016-01-09 09:07:55| Telecom - Topix.net

Juniper Networks Inc said late on Friday it would stop using a piece of security code that analysts believe was developed by the National Security Agency in order to eavesdrop through technology products. The Silicon Valley maker of networking gear said it would ship new versions of security software in the first half of this year to replace those that rely on numbers generated by Dual Elliptic Curve technology.

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Texas Instruments, Analog Devices drop potential Maxim bid: Bloomberg

2016-01-08 23:56:17| Semiconductors - Topix.net

Chipmakers Texas Instruments Inc and Analog Devices Inc have decided not to pursue an acquisition of Maxim Integrated Products Inc at this time, Bloomberg reported, citing people familiar with the matter. View of the entrance of the research building of Texas Instruments France firm in Villeneuve-Loubet near Nice December 18, 2012.

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