Recent Business News
TOKYO - U.S.-based Applied Materials Inc on Monday scrapped its $10 billion planned takeover of chip-making gear rival Tokyo Electron Ltd after the deal, a rare foreign bid for a Japanese firm, fell foul of U.S. anti-trust regulators. | Video
- Google Inc said it would launch an experimental portal that allows interested patent holders to sell their patents to the company.
NEW YORK, - U.S. services sector expansion eased slightly in April from a seven-month high in March on a dip in new business growth, but the pace of hiring in the sector accelerated to its highest since last June, an industry report showed on Monday.
- Time Warner Cable Inc and Cox Communications Inc [COXC.UL] denied a Wall Street Journal report on Monday that Time Warner Cable had approached Cox Communications to discuss a potential merger.