Imax is partnering with Chinese TV maker TCL to design and manufacture a high-end home theater system aimed at China's growing ranks of affluent movie fans. The companies said Tuesday the joint venture is expected to launch the new system in China and other unnamed markets starting in 2015.
Team USA will now wear the Made in the USA label. Every article of clothing made by Ralph Lauren for the U.S. Winter Olympic athletes in Sochi, including their opening and closing ceremony uniforms and their Olympic Village gear, has been made by domestic craftsman and manufacturers.
LG Electronics Inc. said it will offer a smartphone featuring a curved display and battery in South Korea from next month.LG joins Samsung Electronics Co., the world's largest maker of smartphones, in rethinking the flat rectangular surface design of smartphones.
A group that includes Microsoft and Oracle says Google's bid to settle its antitrust case with the European Union is insufficient. The EU has been investigating Google over alleged abuse of its dominant position in the Internet search market since 2010.
The analysis presented Monday by Bain & Company at an Italian industry gathering estimated 2013 luxury sales at 217 billion euros ($300 billion), up from 212 billion euros in 2012. That's a slow-down, however, from three years of double-digit growth.
Royal Philips NV said Friday it is terminating a deal to sell its home audio equipment unit to Japan's Funai Electric Co. due to what is said was Funai's breach of contract. The Dutch electronics giant said Funai refused to take necessary steps to enable the completion of the transaction in the final stage. Philips has not disclosed what exactly happened.
Toyota's global sales for the first nine months of the year reached 7.41 million vehicles, little changed from the previous year but outpacing General Motors to keep its lead as the world's top-selling automaker.Detroit-based GM said earlier this month that its global sales for January through September totaled 7.25 million vehicles.
Medical device maker Stryker will pay the U.S. government $13.3 million to settle allegations it made illegal payments to government employees in five countries. The SEC said Stryker subsidiaries made $2.2 million in illegal payments to government employees in Mexico, Poland, Romania, Argentina, and Greece between August 2003 and February 2008.
PSA Peugeot Citroen workers marched and waved banners to protest the closure of a historic Citroen plant as the factory's last car came off the assembly line Friday.Opened in 1973, the Aulnay-sous-Bois plant is being shut down next year as the money-losing car maker seeks to cut costs.
An explosion inside a candy factory in the border city of Ciudad Juarez on Thursday left one person dead and at least 40 injured, Mexican authorities said. The blast took place on the second floor of the Dulces Blueberry factory and caused the floor to collapse, injuring people working downstairs, said factory worker Ismael Bouchet.
A design patent filing at the Korean Intellectual Property Office shows a Samsung design for smartphone-connected glasses that can display information from the handset. It said the glasses can play music and receive phone calls through earphones built into the eyewear's frame.
This week for the first time Airbus is holding its annual meeting with its suppliers from around the world in Washington instead of at home in Toulouse. It's the company's way of underscoring that 42 percent of its procurement spending — about $13 billion in 2012 — goes to U.S. companies.
British police said Friday they have seized components of a gun made from plastic on a 3-D printer and are testing to see whether it was a viable weapon. The Greater Manchester Police force said officers found a plastic magazine and trigger, along with a 3-D printer, in a raid against suspected gang members.
Mead Johnson said the SEC has asked for documents related to the business activities of its local subsidiary in China. The company said it is complying with the inquiry. Mead Johnson said its own investigation concerns spending connected to product promotions that may have violated company policies or U.S. law.
German automaker Daimler AG saw net profit rise 53 percent in the third quarter thanks to a stronger performance from its Mercedes-Benz luxury brand, which benefited from demand for its small cars.The company said Thursday that net income rose to 1.90 billion euros ($2.6 billion) from 1.24 billion euros in the same period a year ago.
The U.S. trade deficit widened only slightly in August, dragged lower by a modest decline in exports. U.S. farmers sold fewer agricultural products overseas, offsetting the best month of sales for American-made cars on record.The trade deficit grew 0.4 percent in August to $38.8 billion, the Commerce Department reported Thursday.
Hyundai Motor Co. said Thursday it expects to manufacture 4.7 million vehicles this year, exceeding its target despite strikes that disrupted its South Korean production. The company had aimed to make 4.66 million vehicles this year.
The report released Thursday follows Chinese data earlier this month that showed quarterly economic growth rose to 7.8 percent after hitting a two-decade low in the second quarter, easing pressure for further stimulus and allowing leaders to focus on reforms.
In a notice on its website, the consumer protection body said that Samsung had organized an Internet campaign in violation of fair trade rules to praise Samsung smartphones while slamming those of HTC. The FTC set Samsung's fine at New Taiwan dollars 10 million ($340,000).
GlaxoSmithKline says its sales of drugs and vaccines in China tumbled in the third quarter as it was hit by bribery investigations there. Worldwide sales, it says, were flat as growth in the U.S. and Europe helped offset China's 61 percent drop. Total revenue rose 1 percent to 6.51 billion pounds ($10.5 billion).
The FDA's Center for Veterinary Medicine has run more than 1,200 tests, visited pet treat manufacturing plants in China and worked with researchers, state labs and foreign governments but hasn't determined the exact cause of the illness, the FDA statement said.
Monsanto Co. is calling for more controls on agrochemicals, including its Roundup line of glyphosate-based weed-killers, in response to an Associated Press report about concerns that illegal pesticide applications are harming human health in Argentina.
A South Korean court said studies conducted to evaluate safety at Samsung chip factories failed to fully examine workplace health hazards, undermining the electronics giant's efforts to distance itself from claims that its manufacturing plants caused fatal cancers.
Shares of Corning Inc. jumped Tuesday after it announced a new tie-up with a Samsung Electronics subsidiary that will boost the glass maker's earnings immediately and guarantees that it will supply Samsung with liquid crystal display glass through 2023.
The Ohio-based Diebold (DEE'-bohld) Inc. maker of ATMs has agreed to pay more than $48 million in penalties and restitution in a federal investigation of overseas bribes. The U.S. government said Tuesday that Diebold has agreed to pay a $25.2 million penalty to resolve an investigation into alleged bribes in China and Indonesia and falsified records in Russia.