(Reuters) – Shares of the top four U.S. airlines dropped on Monday after billionaire investor Warren Buffett said Berkshire Hathaway (BRKa.N) offloaded its entire stake in the carriers last month, adding to the sense of crisis around the industry. U.S. airline... More »
TOKYO (Reuters) – Japanese biopharmaceutical firm Anges Inc said on Tuesday that it and Osaka University had completed development of a DNA vaccine against the new coronavirus and that it would begin testing it in animals soon. Shares of Anges surged as much a... More »
(Reuters) – HP Inc (HPQ.N) reiterated on Sunday its rejection of Xerox Corp’s (XRX.N) $33.5 billion cash-and-stock offer for the company, adding that the proposal “significantly undervalues HP.” The personal computer maker said last Sunday it rebuffed Xerox’s ... More »
LONDON (Reuters) – Mike Lynch, once hailed as Britain’s answer to Bill Gates, faces Hewlett-Packard (HP) in London’s High Court on Monday in a multi-billion dollar showdown over the U.S. technology company’s 2011 purchase of the Autonomy software business he f... More »
(Reuters) – U.S. prosecutors on Friday added three new criminal charges to their indictment against British entrepreneur Mike Lynch related to the $11.1 billion sale of his software company Autonomy to Hewlett-Packard in 2011. Lynch faces a new charge of secur... More »
TOKYO (Reuters) – The head of Fuji Xerox Co Ltd, the joint venture between Fujifilm Holdings Corp (4901.T) and Xerox Corp (XRX.N), on Tuesday said an escalating dispute between the partners will not lead to the venture’s dissolution. “I’m confident a breakup w... More »
(Reuters) – Xerox Corp (XRX.N) said on Thursday its current board and management team, which included Chief Executive Jeff Jacobson, will stay, after a settlement agreement it had reached with dissenting shareholders to oust them expired. Xerox had said on Tue... More »
FRANKFURT (Reuters) – More than 100 parts for U.S. space agency NASA’s deep-space capsule Orion will be made by 3D printers, using technology that experts say will eventually become key to efforts to send humans to Mars. U.S. defense contractor Lockheed Martin... More »
(Reuters) – Payments technology company Verifone Systems Inc on Monday agreed to be taken private by an investor group led by Francisco Partners for $2.58 billion in cash. Shares of the company, which makes point-of-sale payment devices, surged 52 percent in e... More »
FILE PHOTO: The logo of Xerox company is seen on a building in Minsk, Belarus, March 21, 2016. REUTERS/Vasily Fedosenko/File Photo (Reuters) – Hedge fund manager Darwin Deason filed a new lawsuit against Xerox Corp (XRX.N) on Friday after it refused to allow h... More »
FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York, U.S. on February 11, 2014. REUTERS/Brendan McDermid/File Photo (Reuters) – Investor Carl Icahn and Darwin Deason, the biggest- and t... More »
Japan’s Defence Minister Itsunori Onodera attends a news conference at Defence Ministry in Tokyo, Japan August 8, 2017. REUTERS/Issei Kato TOKYO (Reuters) – Japan is to acquire medium-range, air-launched cruise missiles, capable of striking North Korea, a cont... More »
China said on Thursday it has approved HP Inc's (HPQ.N) $1.1 billion purchase of Samsung Electronics' (005930.KS) printer business with certain restrictions, citing concerns about the U.S. firm's dominance of the domestic laser printer market. More »
Fujifilm Holdings Corp (4901.T) said it aimed to spend 500 billion yen ($4.54 billion) in strategic acquisitions over three years as it seeks growth outside its traditional photographic film business, which has been shrinking. More »
Reporters raise their hands for a question during a news conference by Toshiba Corp CEO Satoshi Tsunakawa and other senior sompany officials at the company’s headquarters in Tokyo, Japan February 14, 2017. REUTERS/Toru Hanai Shares in Toshiba Tec Corp (6588.T)... More »
FILE PHOTO – A Hewlett-Packard logo is seen at the company’s Executive Briefing Center in Palo Alto, California January 16, 2013. REUTERS/Stephen Lam/File Photo HP Inc (HPQ.N), which houses the hardware business of former Hewlett-Packard Co, reported a 3.6 per... More »
Siemens logo is pictured at a building of the manufacturing plant of Siemens Healthineers in Forchheim near Nuremberg, Germany, October 7, 2016. REUTERS/Michaela Rehle Siemens (SIEGn.DE) agreed to buy U.S.-based Mentor Graphics (MENT.O) in a $4.5 billion cash ... More »
Mentor Graphics Corp, a company that makes software for designing semiconductors, is working with Bank of America Corp to explore strategic alternatives, including a potential sale, according to people familiar with the matter. More »
United Parcel Service air craft are being loaded with air containers full of packages bound for their final destination at the UPS Worldport All Points International Hub during the peak delivery month in Louisville, Kentucky December 3, 2015. REUTERS/John Somm... More »
DUESSELDORF, Germany Technology developed by Epson (6724.T) that enables robots to perform precise tasks, such as putting a key into a keyhole and turning it with just the right amount of force, is set to open up new markets for the printers, projectors and ro... More »
TOKYO Toshiba Corp (6502.T) has granted Canon Inc (7751.T) exclusive negotiating rights for its medical equipment unit after a hotly contested auction, with a report putting Canon’s offer at more than 700 billion yen ($6.2 billion). The conglomerate put Toshib... More »
TOKYO Toshiba Corp (6502.T) said its board of directors would hold a meeting on Wednesday to discuss the planned sale of its medical equipment unit and announce the outcome swiftly if a decision is reached. The cash-strapped Japanese company said in a statemen... More »
TOKYO Canon Inc is front-runner to buy the healthcare business of Toshiba Corp with a bid of over 700 billion yen ($6.2 billion), Japan’s Nikkei newspaper reported. Toshiba, a laptops-to-nuclear conglomerate seeking cash to restructure after an accounting scan... More »
NEW YORK Meg Whitman, the head of technology firm Hewlett Packard Enterprise Co (HPE.N), said on Sunday that Donald Trump was “unfit” for the U.S. presidency, and criticized New Jersey Governor Chris Christie, whose failed presidential bid she supported, for e... More »
DAR ES SALAAM Tanzanian officials will not be allowed to send out the usual government printed Christmas and New Year cards this year as part of belt-tightening measures by the new president. John Magufuli has implemented a series of austerity steps since bein... More »
Network equipment maker Cisco Systems Inc’s (CSCO.O) forecast adjusted profit and revenue growth for the second quarter below analysts’ estimates, citing a slowdown in order growth and weakness in its enterprise business outside the United States. Shares of Ci... More »
EMC Corp, the data storage company that is preparing to unveil an agreement to be acquired by personal computer maker Dell Inc [DI.UL] as early as Monday, is also planning to seek out other suitors, according to people familiar with the matter. EMC has asked f... More »
NEW YORK A group of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five years by conspiring to use information stolen from thousands of corporate press statements before their public release... More »
NEW YORK A group of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five years by conspiring to use information stolen from thousands of corporate press statements before their public release... More »
