MOSCOW, Aug 28- Russian consumer electronics and white goods retailer M.video said its online sales surged in the past week as a renewed weakening in the rouble prompted some consumers to splash out on durable goods. The rouble fell sharply against the dollar on Aug. 24, approaching its 2015 low, as prices of oil, Russia's chief export, skidded.» Read More
Chinese smartphone giant, Xiaomi, is set to open its doors to U.S. and European consumers shortly.
Amir Anvarzadeh, director of Japan Equity Sales at BGC Securities, discusses news that Toshiba cancelled a dividend payment and withdrew its earnings outlook last Friday as it expanded an accounting probe.
*Hope to accelerate store openings in Russia if crisis ends. BERLIN, May 7- German retailer Metro AG plans to significantly increase investment in its business in the next five years and seek out acquisitions as it aims to accelerate sales growth and profitability after emerging from years of restructuring. Europe's fourth-biggest retailer said on Thursday...
BRUSSELS, May 6- EU regulators will investigate whether electronics and digital content companies illegally curb cross-border online sales, the EU's antitrust chief said on Wednesday, a move likely to affect both e-commerce giant Amazon and traditional retailers. The inquiry into the retail sector is part of a broader strategy by the European Commission to...
MOSCOW, April 23- Russian home electronics retailer M.video aims to achieve flat sales in the first three quarters of 2015 compared with a year ago, outperforming a declining market hit by falling consumption, its chief executive said. Russia's economy is sliding into recession, dragged down by Western sanctions imposed on Moscow over its policy in Ukraine and...
Sharp and its main banks are to meet on Thursday to agree on a nearly $2 billion rescue and overhaul plan for the loss-making electronics maker.
March 25- An auction for RadioShack Corp failed to resolve whether the electronics retailer will remain in business as bidders attacked each in court filings, setting up a showdown before a judge on Thursday. By early Wednesday, however, one of RadioShack's lenders, Salus Capital Partners, asked the U.S. Bankruptcy Court judge overseeing the case to intervene.
March 25- A RadioShack Corp lender asked a U.S. Bankruptcy Court judge to intervene in the auction of the electronics retailer and said it had submitted a bid to liquidate the chain that was "materially superior" to one favored by RadioShack. The lender said, however, that RadioShack favored a proposal from hedge fund Standard General, even though its bid included...
Hedge fund Standard General is said to have raised its bid to buy about 1,740 stores of bankrupt electronics retailer RadioShack at auction.
BRUSSELS, March 24- The European Commission said on Tuesday its officers had raided several companies involved in selling consumer electronics online, concerned that firms may have worked together to distort prices. "The European Commission can confirm that on 10 March 2015, Commission officials initiated unannounced inspections in several member states...
Michael Robinson, chief technology strategist at Money Map Press, says Apple's inclusion in the blue-chip Dow is a "nice symbolic move," but it's not a catalyst for the company's outlook.
John Petrides, managing director & portfolio manager at Point View Wealth Management and Scott Nations, chief investment officer & president at NationsShares, debate the outlook of Apple's shares.
Jan Dawson, chief analyst at Jackdaw Research, says the launch on Monday unveiled some interesting new details about Apple's smartwatch line, but there were no huge surprises.
Neil Hennessy, portfolio manager & chief investment officer at Hennessy Funds, says the Apple Watch isn't new technology and lacks the "aura" of iPhones.
Katie Boehret, deputy reviews editor at Re/Code, says the Apple Watch exemplifies Apple's ability to redefine an existing product and describes the coolest feature of the smartwatch.
Salus Capital offered Radioshack $500 million in turnaround financing, Dow Jones reported Monday, citing sources close to the matter.
Prosecutors raided LG Electronics' headquarters amid a probe of whether LG damaged rival Samsung Electronics' washing machines at German retail stores, LG said.
RadioShack rejected claims that it breached covenants on a $250 million term loan.
Tim Bajarin, President at Creative Strategies, says the tech giant is is facing very strong competition in servers.
People who purchase new Chromebooks during the holiday season will receive 1TB of free Google Drive storage as part of a deal.