Baidu markets dual-tranche US dollar bonds
HONG KONG, June 28 (IFR) - Chinese internet search provider Baidu is marketing a SEC-registered dual-tranche senior unsecured US dollar benchmark bond offering.
HELSINKI Feb 12 Mobile phone maker Nokia expanded its line of low-end smartphones on Tuesday with the Asha 310, which comes with dual-SIM and wi-fi access, aiming to bolster its market share in developing markets.
Nokia has been losing market share to Samsung and Apple in the high-end smartphone market and is also struggling at the low end against growing competition from Chinese manufacturers.
The Finnish company said that the new Asha 310 will come with a full-touch 3-inch display and 2 megapixel camera. The phone allows users to switch between SIM cards and wi-fi to keep down costs.
Nokia plans for the phone to be in stores in Asia, the Middle East, Africa and Brazil this quarter at a price of $102.
June 28 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.