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Alstom to buy Bombardier rail unit for up to US$6.7 billion

... ier would unite companies with an estimated US$17 billion in combined revenue. The French firm said the two were complementary geographically, adding Bombardier’s European footprint was stronger in no ...More

EJ Insight2020-02-18

Treatment of local inmates making masks inhumane

... n. 5, the unit charged with producing face masks has been working around the clock in a bid to boost output. Inmates from other CSI units have also been deployed to the mask production line to increas ...More

EJ Insight2020-02-17

Wells Fargo invests in crypto monitoring firm Elliptic

... e venture unit of the fourth-largest US bank by assets, as an extension of Elliptic’s US$23 million Series B funding round announced in September. Before the latest investment, Elliptic has raised US$ ...More

EJ Insight2020-02-14

Credit Suisse posts best profit since 2010

... l markets unit posted a loss in the fourth quarter of US$59 million, hit by a struggling M&A business and low bond underwriting volumes. Its global markets business though ended the year a high, w ...More

EJ Insight2020-02-13

Japan to let elderly passengers leave cruise ship

... nes and a unit of Carnival Corp. Kyodo news agency said the additional 44 cases included 43 passengers and one crew member, with the total number of confirmed cases in Japan rising to 247, including t ...More

EJ Insight2020-02-13

Alibaba helps itself by aiding small firms amid the virus crisis

... a grocery unit will expand its worker-sharing program with hotels, cinemas, shopping malls and other sectors. The arrangement is about temporarily taking on staff from these businesses that have to sh ...More

EJ Insight2020-02-13

SoftBank's Son in no rush to cut US$150 billion stake in Alibaba

...  wireless unit SoftBank Corp., although SoftBank Group is reliant on dividends from the telecom unit for cash flow. The unit has pledged to pay out 85 percent of its net income as dividends. SoftBank ...More

EJ Insight2020-02-13

COVID-19 cases at Tsing Yi building traced to faulty sewage pipe

... pipe of a unit at Hong Mei House of Cheung Hong Estate had been cut off and not properly sealed, the Hong Kong Economic Journal reports. The unit, No. 7 on the lower floor of the apartment block, is t ...More

EJ Insight2020-02-12

JP Morgan said to mull merger of blockchain unit with ConsenSys

US banking giant JP Morgan Chase is considering merging its proprietary blockchain Quorum with ConsenSys, a startup working on decentralized technology applications for enterprises, Reuters reports, c ...More

EJ Insight2020-02-12

Asia bankers brace for deal drought amid virus-linked curbs

... wned by a unit of Singapore state investor Temasek Holdings and with a significant chunk of its business in Hong Kong, is being pushed back as most of its targeted buyers are Chinese, these people sai ...More

EJ Insight2020-02-12

Samsung unveils foldable Galaxy Z phone, 5G Galaxy S

...  a larger unit that folds like a book and was panned for its construction, had a plastic screen. Samsung’s second attempt at a folding phone after a delayed rollout last year comes as the South Korean ...More

EJ Insight2020-02-12

Partial evacuation ordered at Tsing Yi public housing estate

... living in units No. 7 on all floors of the 35-storey building. Secretary for Food and Health Sophia Chan Siu-chee told reporters on Tuesday that four more people from the apartment block had shown sym ...More

EJ Insight2020-02-11

Amazon wants Trump to testify on Pentagon deal

... .com Inc. unit alleged that Trump, who has publicly derided Amazon head Jeff Bezos and repeatedly criticized the company, exerted undue influence on the decision to deny it the US$10 billion contract. ...More

EJ Insight2020-02-11

Amazon names Sony executive to lead entertainment unit

Amazon.com Inc. tapped Sony Corp executive Mike Hopkins to lead its Prime video platform as well as its movie and television studios, Reuters reports. Hopkins, currently chairman of Sony Pictures Tele ...More

EJ Insight2020-02-11

美國殺蘇萊馬尼的戰爭政策

... rm drones unit)和「機械人戰士」(killer robots)等發明的成功應用,縱使美軍將撤出中 ...全文

今日信報時事評論黃伯農2020年02月08日

Hema hires temp workers from restaurant chains amid epidemic

Chinese e-commerce giant Alibaba said its Hema grocery store unit has reached agreement with several dozen restaurant chains to temporarily hire their employees. It’s reported that Hema is hiring near ...More

EJ Insight2020-02-06

Ten people on cruise ship in Japan test positive for coronavirus

... the local unit of the British-American cruise operator, said on Tuesday that turnaround of the ship had been delayed by about 24 hours.  The company said that cruises scheduled to depart from Yokohama ...More

EJ Insight2020-02-05

Hospital Authority urges govt to cut HK-China passenger traffic

... sive Care Unit were said to have quit their jobs on Thursday after they were assigned to the so-called "dirty team" that is responsible for taking care of patients contracting the Wuhan virus. Dr. Viv ...More

EJ Insight2020-01-31

Videogame publisher EA forecasts revenue below estimates

...  for this unit to accelerate in fiscal 2022, led by a new Battlefield title. EA raised its full-year adjusted revenue forecast to US$5.15 billion from US$5.13 billion, but was below analysts’ expectat ...More

EJ Insight2020-01-31

Amazon holiday sales jump on one-day shipping push

... Logistics unit delivered more than 3.5 billion boxes globally in 2019. Online grocery orders from Whole Foods grew a lot, too, Olsavsky said. Worldwide shipping costs rose 43 percent to US$12.9 billio ...More

EJ Insight2020-01-31

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