Sun08202017

LAST_UPDATESun, 20 Aug 2017 12am

Nestle Accused Of Pilfering Atari 'Breakout' Game For 'Kit Kat' Ads

A new lawsuit accuses Nestle SA (NESN.S) of blatantly violating the rights of Atari (ATAR.PA) by using without permission the classic 1970s video game "Breakout" in a new marketing campaign for its Kit Kat chocolate-covered wafers.

Read more: Nestle Accused Of Pilfering Atari 'Breakout' Game For 'Kit Kat' Ads

Oil Prices Fall Amid Broader Market Selloff, Despite Tightening Supplies

Pic: Reuters

SINGAPORE: Oil prices fell early on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening.

Read more: Oil Prices Fall Amid Broader Market Selloff, Despite Tightening Supplies

Egypt's First Bitcoin Exchange To Begin Trading This Month

Pic: ReutersCAIRO: Egypt's first bitcoin exchange will go live later this month, the founders of Bitcoin Egypt said, linking the Middle East's most populous country with a cryptocurrency that has surged in value in recent months.

Read more: Egypt's First Bitcoin Exchange To Begin Trading This Month

Ericsson Could Shed 25,000 Jobs In Cost-Cutting Drive: Report

Pic: ReutersSTOCKHOLM: Mobile telecom gear maker Ericsson may lay off around 25,000 employees outside Sweden as part of its savings program, Swedish daily Svenska Dagbladet reported on Thursday, citing unidentified sources at the company.

Read more: Ericsson Could Shed 25,000 Jobs In Cost-Cutting Drive: Report

Hyundai Plans Long-Range Premium Electric Car In Strategic Shift

Pic: ReutersSEOUL: Hyundai Motor Co said on Thursday it was placing electric vehicles at the center of its product strategy - one that includes plans for a premium long-distance electric car as it seeks to catch up to Tesla and other rivals.

Read more: Hyundai Plans Long-Range Premium Electric Car In Strategic Shift

Ireland Says EU Demand That Apple Pay It 13 Billion Euros In Back Taxes Unjustified

Pic: ReutersBERLIN: Ireland's finance minister said the European Commission's demand that Dublin collect up to 13 billion euros (£11.8 billion) in back taxes from Apple was unjustified, in an interview with Germany's Frankfurter Allgemeine (FAZ) newspaper.

Read more: Ireland Says EU Demand That Apple Pay It 13 Billion Euros In Back Taxes Unjustified

Trump Adviser Bannon Says U.S. In Economic War With China: Media

Pic: ReutersThe United States is in an economic war with China, U.S President Donald Trump's chief political strategist has said, warning Washington is losing the fight but is about to hit China hard over unfair trade practices.

Read more: Trump Adviser Bannon Says U.S. In Economic War With China: Media

MIDA Urge SMEs To Embrace The Potential Of Industry 4.0 Technologies

JOHOR BAHRU: The Malaysian Investment Development Authority (MIDA) has urged Small and Medium Enterprises (SMEs) to raise their efficiency levels, strengthen inter-firm linkages and respond timely to market changes to remain competitive.

Read more: MIDA Urge SMEs To Embrace The Potential Of Industry 4.0 Technologies

Malaysia Exports RM18.2 Bln Rubber Products To Over 195 Countries

KOTA KINABALU, Aug 17 -- Malaysia exported rubber products to over 195 countries worth RM18.2 billion last year, said Deputy Minister of Plantation Industries and Commodities, Datuk Datu Nasrun Datu Mansur.

Read more: Malaysia Exports RM18.2 Bln Rubber Products To Over 195 Countries

Government To Open Up KTMB Cargo Forwarding Monopoly

KUALA LIPIS, PAHANG: The government is opening up the monopoly of Keretapi Tanah Melayu Bhd’s (KTMB) cargo forwarding, said Transport Minister Datuk Seri Liow Tiong Lai.

Read more: Government To Open Up KTMB Cargo Forwarding Monopoly