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Foxconn picks chip-unit head for chairman, as Gou seeks Taiwan presidency

5 days ago DieselGasoil Comments Off on Foxconn picks chip-unit head for chairman, as Gou seeks Taiwan presidency
TAIPEI (Reuters) – Foxconn chose chip-unit boss Liu Young-way as chairman of the world’s biggest electronics contract manufacturer to succeed Terry Gou, who is preparing to contest Taiwan’s presidential elections next year. FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s building in Read More

Foxconn chairman hands over reins ahead of presidential bid

5 days ago DieselGasoil Comments Off on Foxconn chairman hands over reins ahead of presidential bid
TAIPEI (Reuters) – Foxconn Chairman Terry Gou said on Friday he will hand over the running of the world’s largest electronics contract manufacturer to a new operations committee as he prepares to contest Taiwan’s presidential elections next year. FILE PHOTO: Terry Gou, founder and chairman of Foxconn reacts during an interview with Reuters in New Read More

Foxconn chairman hands over reins to new committee

5 days ago DieselGasoil Comments Off on Foxconn chairman hands over reins to new committee
FILE PHOTO: Terry Gou, founder and chairman of Foxconn reacts during an interview with Reuters in New Taipei City, Taiwan June 12, 2017. REUTERS/Eason Lam/File Picture TAIPEI (Reuters) – Foxconn Chairman Terry Gou said on Friday he will hand over the running of the world’s largest electronics contract manufacturer to a new operations committee as Read More

‘Deaths of despair’ soaring among Gen Z & millennials: ‘It’s the economy, stupid’

7 days ago DieselGasoil Comments Off on ‘Deaths of despair’ soaring among Gen Z & millennials: ‘It’s the economy, stupid’
Young Americans are killing themselves in record numbers, the victims of a confluence of economic and sociological factors that have singled them out – even above a nationwide surge in so-called “deaths of despair.” Suicide rates among teens and young adults aged 15 to 24 – the older end of “Generation Z” – spiked in Read More

Adidas shares slide as traders say top investor GBL to cut stake

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(Reuters) – Adidas shares fell 3% on Wednesday on news that one of the German sportswear company’s top shareholders, Groupe Bruxelles Lambert (GBL), was preparing to sell a portion of its near 4 billion euro ($4.5 billion) stake, three traders said. Boxes of Adidas shoes are pictured in the warehouse of local footwear retailer “Pomp Read More

Adidas slides as traders say top investor GBL plans to sell part of stake

2 weeks ago DieselGasoil Comments Off on Adidas slides as traders say top investor GBL plans to sell part of stake
Boxes of Adidas shoes are pictured in the warehouse of local footwear retailer “Pomp It Up” in Bussigny near Lausanne, Switzerland 24 Aprill, 2019. REUTERS/Denis Balibouse (Reuters) – Adidas shares fell 1.5% on Wednesday on expectations that one of the German sportswear firm’s top shareholders, Groupe Bruxelles Lambert (GBL), was preparing to sell a portion Read More

Oil woes have Calgary landlords turning empty offices into apartments

2 weeks ago DieselGasoil Comments Off on Oil woes have Calgary landlords turning empty offices into apartments
By Kevin Orland on 6/10/2019 CALGARY (Bloomberg) –When the lease on an Alberta Health Services office in Calgary came due for renegotiation two years ago, the rental market was so bad that trying to keep the tenants wasn’t worth it. Instead, landlord Strategic Group took the unconventional step of letting the government agency leave and Read More

Protester confronts Jeff Bezos on stage

3 weeks ago DieselGasoil Comments Off on Protester confronts Jeff Bezos on stage
Media playback is unsupported on your device An animal rights activist came within a few feet of Jeff Bezos, the world’s richest man, on a stage in Las Vegas. Priya Sawhney evaded event security, as well as some of Mr Bezos’ personal detail, which costs a reported $1.6m (£1.25m) per year. “Jeff, you are the Read More

Amazon’s Bezos says robotic hands will be ready for commercial use in next 10 years

3 weeks ago DieselGasoil Comments Off on Amazon’s Bezos says robotic hands will be ready for commercial use in next 10 years
LAS VEGAS (Reuters) – Amazon.com Inc Chief Executive Jeff Bezos said on Thursday he expects there will be commercial robots in the next 10 years that can grasp items as reliably as humans, a development that could lead to the automation of warehouse jobs around the world. FILE PHOTO: Founder, Chairman, CEO and President of Read More

Alphabet shares slide 6% on possible DoJ antitrust probe

3 weeks ago DieselGasoil Comments Off on Alphabet shares slide 6% on possible DoJ antitrust probe
(Reuters) – Alphabet Inc’s shares closed 6% down on Monday following reports that the U.S. Justice Department may investigate Google for hampering competition. FILE PHOTO: A sign is pictured outs a Google offcie near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Dave Paresh The potential investigation represents the latest attack on Read More