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Petrobras to sell stake in exploration block to Statoil for $2.5bn
2016-07-29 01:00:00| Offshore Technology
Petróleo Brasileiro (Petrobras) has announced the sale of its stake in exploration block BM-S-8 in Brazils Santos Basin to Statoil Brasil Óleo e Gás for $2.5bn.
Tags: sell
block
exploration
stake
Huge Pew study says human augmentation will be a hard sell, but it probably wont be
2016-07-28 19:30:14| Extremetech
The pubic is worried about the oncoming, technology-driven wave of change in the human condition.
Sony to sell battery business to Murata
2016-07-28 15:55:50| Green Car Congress
Tags: business
sell
sony
battery
LG posts Q2 mobile loss as G5 fails to sell
2016-07-28 07:42:00| Telecompaper Headlines
(Telecompaper) LG Electronics reported profits under pressure in the second quarter, led by losses at its mobile division as its latest flagship smartphone failed to sell enough. Revenues were up 0.6 percent year-on-year to KRW 14.00 trillion, as growth in its other divisions helped offset the weak performance in mobile. Operating profit dropped to KRW 584.6 billon from KRW 505.2 billion a year ago, while lower financial and one-time costs helped net profit rise to KRW 268.5 billion from KRW 198.1 billion. Mobile revenues fell 6 percent year-on-year to KRW 3.33 trillion, as smartphone shipments dropped 1 percent over the same period to 13.9 million. LG said it generated some KRW 150 billion in operating losses due to the increased marketing expense for the launch of its flagship G5, but the phone has to date sold less than hoped.
Ladbrokes-Gala Coral must sell 350-400 shops to clear merger
2016-07-26 08:50:29| BBC News | Business | UK Edition
Bookmakers Ladbrokes and Gala Coral must sell about 350-400 shops in order for their merger to be cleared, the competition regulator says.
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