After a late push for support by United Auto Workers leaders, Ford Motor Co's U.S. union workers narrowly approved a four-year labor contract, the UAW said late Friday night.   After more than a week of voting that concluded at U.S. operations of Ford (F.N) on Friday night, 51.3 percent of...

As the U.S. Treasury prepared to clamp down further on such tax inversions, talks between Pfizer and Allergan for e takeover of the latter for a $150 billion deal would see the U.S. drug giant’s efforts to redomicile in Ireland accelerated on Wednesday.   A person familiar with the...

A division of the Japanese Sony, responsible for smartphones production, plans to start developing its own processors for mobile devices. According to insiders, Sony intends to follow the lead of competitors such as Apple, Samsung Electronics and Huawei. Sources say that the company Global Unichip,...

The technology market is abuzz about the possible return of retro styled flip phones – thanks to a reported effort by smart phone giant Samsung.   Thanks to the likes of the Motorola Razr and Sony's V800, Flip phones were all the rage in the 2000s.   There are reports that Samsung is...

While the Cryptocurrencies, such as Bitcoin is a form of digital money, it has been at a center of a multi-country investigation of forgery, scientists at the new Imperial College Center for Cryptocurrency Research and Engineering are exploring ways and means about how the technology can have...

In the latest deal in the rapidly consolidating semiconductor industry, ON Semiconductor Corp said it would buy Fairchild Semiconductor International Inc  in a $2.4 billion deal.   The news brought down the share price of Fairchild on Wednesday evening which was trading at $19.33 before...

Alleging that the process of production of genetically modified salmon eggs would risk a “huge live experiment” with the genetic makeup of all wild Atlantic salmon, a number of environmental groups are taking the Canadian government to court in an attempt to halt the process.   Genetically...

Australia’s oil and gas regulator has rejected the proposal by Oil and Gas giant BP to drill in the Great Australian Bight.   British Petroleum had wanted permission from the Australian authorities to drill four deep-water exploration wells in the Bight from next year.   The company...

Wal-Mart shares went up by 2% as investors were pleased with the better than expected results for the third quarter of the current fiscal and posted more profits than anticipated by analysts on Tuesday.     Heavy investing by the company on its people and technology were anticipated to...