(MENAFN - AFP) South Korea's largest carmaker Hyundai Motor said Wednesday it will sign a preliminary agreement to build a fourth plant in China, as it looks to expand in the world's biggest car market.
Chairman Chung Mong-Koo will put his name to the deal on Thursday, it said in a statement.
With an annual production capacity of 300,000 cars, the plant in the southwestern ...
(MENAFN - AFP) Intel announced it has bought fitness-tracking band maker Basis Science as part of a move into the hot wearable computing market.
The California-based chip maker on Tuesday did not disclose how much it paid for Basis, which makes a strap-on wrist band that captures data such as heart rate, activity, and sleep to help people live healthier.
(MENAFN - AFP) Heated debate on the cost of temporary World Cup stadium facilities saw lawmakers in the southern Brazilian state of Porto Alegre back a plan for tax incentives to pay for temporary stadium facilities.
Lawmakers voted late Tuesday, to pass a package offering the incentives to private firms stumping up around $11 million for facilities at the Beira Mar stadium ...