Nokia CEO says in no hurry to sell mapping unit HERE: magazine

Nokia (NOK1V.HE) is in no hurry to sell its mapping unit HERE despite receiving high quality bids, the Finnish company's chief executive said in a trade magazine interview.

Nokia Lumia 735 Skype and Selfie Pod at the East Side Gallery Berlin - Day 1

HP sells $2.3 billion China unit stake to forge partnership with Tsinghua Unigroup

Hewlett-Packard Co (HPQ.N) will sell a controlling 51 percent stake in its China-based data-networking business to China's Tsinghua Unigroup for at least $2.3 billion, forming a partnership designed to create a Chinese technology powerhouse.


Mazda, Mitsubishi add 624,000 more cars to Takata air bag recall

Mazda Motor Corp (7261.T) and Mitsubishi Motors Corp (7211.T) said on Friday they would recall about 624,000 more vehicles to replace air bag inflators made by Japan's Takata Corp (7312.T), following similar moves last week by domestic automakers.




Jobs & Career News

Futures rise as dollar weakens; data eyed

Stock Market

U.S. stock index futures rose on Friday, a day after a weakening dollar pushed the S&P 500 to a record-high, as investors awaited manufacturing and consumer sentiment data.

Expansion of Toyota air bag recall includes 637,000 U.S. vehicles

Toyota To Stop Production At GM Joint Venture Plant In California

Toyota Motor Corp (7203.T) is recalling 637,000 vehicles in the United States as part of a massive expansion of a global recall to replace potentially defective air bags that could rupture and send shrapnel into occupants.

Google versus Oracle case exposes differences within Obama administration

Gov. Brown Signs Legislation At Google HQ That Allows Testing Of Autonomous Vehicles

The Obama administration has been locked in internal wrangling over what position to take in high profile litigation between two American technology giants, Google and Oracle, according to multiple sources familiar with the discussions. It faces an end-of-May deadline to decide whether to take sides in a case before the U.S. Supreme Court that will have wide implications for the technology industry.

Toyota, Honda have best supplier relations in U.S. - study


For the fifth straight year, Toyota Motor Corp (7203.T) and Honda Motor Co (7267.T) topped a study of automakers with U.S. plants in supplier relations, helping them get the best parts at the lowest cost.

Chinese car hire app Yidao Yongche hints at Uber tie-up

Best Of The Munchies: People's Choice Food Awards Hosted By Andrew Zimmern - 2015 Food Network & Cooking Channel South Beach Wine & Food Festival

Chinese private car hire app Yidao Yongche has hinted at a tie-up with Uber Technologies Inc, the controversial $40 billion U.S. taxi-hailing firm which has repeatedly hit regulatory roadblocks in China, the world's largest smartphone market.


Greece sees reforms deal with lenders in next 10 days

Greece expects to reach a cash-for-reforms deal with its creditors in the next 10 days and aims to meet all its payments in June, the government's spokesman said on Friday, after the prime minister met with EU leaders.

London Stock Exchange

Stocks get that Friday feeling as stimulus trumps growth concern

Global stocks rose and bond yields fell on Friday, as investors shrugged off slowing global growth and focused instead on the continued stimulus provided by the world's major central banks.


Target profit tops estimates on healthy sales growth

Target Corp (TGT.N) on Wednesday reported a larger-than-expected rise in quarterly profit, citing robust online sales and strong demand for products at the center of its growth plan.


Tax scare on Yahoo's Alibaba stake spin-off seen premature

Yahoo Inc's (YHOO.O) planned spin-off of its stake in Alibaba Group Holding Ltd (BABA.N) is likely to proceed on a tax-free basis, analysts said, as Yahoo shares regained most of their losses after concerns of a possible change in U.S. tax rules spurred a slide on Tuesday.

Deutsche Bank

Deutsche Bank shifts power to co-CEO Jain in board reshuffle

Deutsche Bank (DBKGn.DE) reshuffled its management board late on Wednesday, consolidating restructuring authority under co-Chief Executive Anshu Jain while bidding farewell to its retail banking head Rainer Neske.

Mobile World Congress 2015 - Day 2

Lenovo annual profit up 1 percent, misses forecasts, on IBM, Motorola deals

Lenovo Group Ltd (0992.HK), the world's biggest PC maker by sales, said on Thursday its annual net profit rose one percent to $829 million, slightly below analyst expectations, as it completed two major acquisitions during that year.

China Surpasses US In Goods Produced for World's Largest Economy

Weak China factories chill hopes for global bounce, U.S. lift needed

Manufacturing activity in Asia's top two economic powerhouses remained stuck in low gear in May, but an absence of inflation pressures suggested that authorities could inject yet more stimulus if needed.


European stocks fall on Greece; dollar rebounds

European shares fell on Monday, weighed down by worries over a looming cash crunch in Greece, while the dollar rebounded after concern over the U.S. economy drove the currency to four-month lows on Friday.


Intel, Altera resume deal talks: NY Post

Chipmakers Intel Corp (INTC.O) and Altera Corp (ALTR.O) have resumed talks on a possible deal that could top $13 billion, the New York Post reported.

Alibaba Group

Alibaba sued in U.S. by luxury brands over counterfeit goods

A group of luxury goods makers sued Alibaba Group Holding Ltd (BABA.N) on Friday, contending the Chinese online shopping giant had knowingly made it possible for counterfeiters to sell their products throughout the world.

Real Time Analytics