Samsung has announced plans to open 60 of its own branded stores in Britain and six other European countries, in a bid to challenge Apple's successful retail store approach.
Hang Seng Asiatop
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Wednesday 20 April 2011
Wednesday 20 April 2011
Seagate Technology is to buy Samsung Electronics's loss-making hard-disk-drive (HDD) business for $1.4bn (£858m) as the US group looks to combat rival Western Digital Corp and arrest price wars that have damaged the industry.
Monday 04 April 2011
HSBC will join the Government's financial apprenticeship scheme, aimed at non-graduate employees. Qualification will take about 18 months to complete and a quarter of the apprentices will be new recruits. Liz Field, the chief executive of the Financial Skills Partnership, said: "Employer-hosted programmes like this could boost the skills of an entire generation."
Thursday 30 September 2010
Outlook Also hoping to put its troubles behind it is HSBC. After the public infighting of last week, the bank's senior directors were all very gracious about each other yesterday as they met up in Shanghai for the board meeting that had been due to sign off on its management shake-up. Stuart Gulliver, HSBC's chief executive in waiting, was in particularly conciliatory mood, softening his tone on whether the bank might quit the UK.
Tuesday 24 August 2010
Saturday 31 July 2010
Hong Kong's business “Superman” Li Ka-Shing is paying £5.8bn for energy giant EDF’s 100,000 miles of the UK’s electricity network.
Tuesday 23 March 2010
Australia's Arrow Energy has accepted an improved takeover offer of A$3.44bn (£2.1bn) from Royal Dutch Shell and PetroChina.
Thursday 04 February 2010
South Korea's Samsung Electronics said today it aimed to treble smartphone shipments this year to more than 18 million units as the world's second-biggest cellphone maker scrambles to make a mark in the fast-growing smartphone market.
Tuesday 04 August 2009
A mobile phone that predicts Welsh text messages was unveiled today.
Monday 27 July 2009
Thursday 02 July 2009
Tuesday 26 May 2009
It is another symbol of the way in which the world of capitalism is shifting on its axis. PetroChina, the listed arm of China's state oil business, has become the largest company in the world, surpassing its rivals in the West.
Monday 19 January 2009
HSBC today rejected speculation that it may be next in line to seek capital support from the Government.
Thursday 15 January 2009
Outlook I don't want to get back into the debate about whether HSBC needs more capital or not. Morgan Stanley yesterday added itself to the growing list of securities houses to say that it does, but there are still plenty of others who think the bank will be able to trade its way through the recession without resort to shareholders or governments. Whatever the answer, HSBC would be in a much worse position today than it is, with still relatively healthy capital ratios, had it listened to the siren calls a few years ago urging it to repatriate great wadges of capital and pay it out to shareholders. Most other banks succumbed, leaving them hopelessly undercapitalised when the downturn hit. HSBC resisted.
Monday 01 December 2008
Banking giant HSBC is to axe more than 500 jobs across the country, union leaders were told today.
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