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Lenovo Group Ltd

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  • Business Highlights Wednesday, 16 Apr 2014 | 6:29 PM ET

    Why high oil prices are actually good for airlines. NEW YORK— Airline executives frequently complain about fuel costs, but higher prices actually have been good for business. The average cost of a roundtrip domestic ticket grew to $378.62 from $351.48 in the last five years, when adjusted for inflation.

  • IBM posts lower 1Q earnings amid hardware slump Wednesday, 16 Apr 2014 | 4:30 PM ET

    NEW YORK— IBM's first-quarter earnings fell and revenue came in below Wall Street's expectations amid an ongoing decline in its hardware business, one that was exasperated by weaker demand in China and emerging markets. IBM Corp. said Wednesday that it earned $2.38 billion, or $2.29 per share, in the January-March period.

  • Google's 1Q earnings disappoint as ad prices slip Wednesday, 16 Apr 2014 | 4:23 PM ET

    SAN FRANCISCO— Google's first-quarter earnings growth faltered as the Internet's most influential company grappled with a persistent downturn in advertising prices while spending more money to hire employees and invest in daring ideas. Google's Class A stock shed $17.10, or 3 percent, to $546.80 in extended trading.

  • SHANGHAI, March 11- Chinese PC maker Lenovo Group Ltd said it was up to IBM to resolve a wildcat strike at a China- based factory, as a deal to buy the U.S. company's server business had yet to be finalised.

  • IBM workers strike in China over Lenovo takeover Thursday, 6 Mar 2014 | 12:58 AM ET

    More than 1,000 workers have gone on strike at an IBM factory in China, in objection to the terms of their transfer to Lenovo. The FT reports.

  • Tesco in Britain and Walmart in the United States, are selling their own branded tablets pitched at customers unwilling to pay $400 or more for an Apple or Samsung product.

  • Honey, can you pick up a tablet at the grocery store? Thursday, 27 Feb 2014 | 1:56 PM ET

    Tesco in Britain and Walmart in the United States, are selling their own branded tablets pitched at customers unwilling to pay $400 or more for an Apple or Samsung product.

  • Smartphone wars shift from gadgetry to price Wednesday, 26 Feb 2014 | 4:00 PM ET

    BARCELONA, Feb 26- The mobile phone industry is now looking to the fast-growing demand for smartphones priced at $100 or below as the market for fancier high-end devices has become saturated, but not all handset makers are able or willing to trade down.

  • Microsoft aims for bigger slice of phone market Monday, 24 Feb 2014 | 2:21 PM ET
    A Windows Surface tablet.

    Microsoft is pushing to expand the appeal of its Windows Phone by using cheaper chips and easing restrictions on phone makers.

  • Brave new mobile world: Something for everyone Monday, 24 Feb 2014 | 9:42 AM ET

    My email was stuffed full of commentary about what may happen at the Mobile World Congress in Barcelona, which is now underway.

  • SEOUL, Feb 24- LG Electronics Inc aims to broaden its range of smartphones so sales this year grow at double the rate of the market, as the South Korean company seeks to retake the position of world's third-biggest maker.

  • HP's Whitman: PC market definitely getting better Friday, 21 Feb 2014 | 11:03 AM ET
    Meg Whitman

    HP CEO Meg Whitman told CNBC on Friday that she sees "brightness" in the PC market despite more negative forecasts and a move toward cloud computing.

  • *Earnings: AIA, Parkson Retail down; Citic Pacific up. HONG KONG, Feb 21- Falls in PetroChina and Sinopec shares hurt Hong Kong and mainland markets early Friday, as investors took profit on their outsized gains the previous day as scepticism lingers on how much China's state-owned enterprises will be reformed.

  • Forget Jobs, Gates—here are the names to know Thursday, 20 Feb 2014 | 11:29 AM ET
    Tim Berners-Lee

    When it comes to the most influential in tech, you might jump to Jobs and Gates. But here the names you really need to know, these pros say.

  • HONG KONG, Feb 20- Hong Kong shares posted their biggest loss in more than two weeks on Thursday, led by Chinese internet giant Tencent Holdings on fears of greater competition after Facebook announced its purchase of mobile messaging startup WhatsApp. The Hang Seng Index finished down 1.2 percent at 22,394.1 points in its largest single day loss since Feb. 4.

  • China's Dongfeng Motor and PSA Peugeot Citroen will agree on Tuesday to a capital tie-up as part of a broader 3 billion euro fundraising.

  • SHANGHAI, Feb 18- China's Dongfeng Motor Group Co Ltd and PSA Peugeot Citroen will agree on Tuesday to a capital tie-up as part of a broader 3 billion euro fundraising that will end the Peugeot family's control of the 200- year-old French carmaker, a source said.

  • BEIJING, Feb 18- China drew $10.76 billion in foreign direct investment in January, up 16.1 percent from a year earlier, the Commerce Ministry said on Tuesday, a sign that confidence in the world's second-largest economy remains firm even as growth cools.

  • China’s stellar smartphone market dips Thursday, 13 Feb 2014 | 7:06 AM ET

    Growth in China's stellar smartphone market has slowed for the first time in more than two years.

  • BEIJING, Feb 13- Lenovo Group Ltd leader Yang Yuanqing says the Chinese technology giant will draw on cost-cutting lessons learned when it bought IBM Corp's ThinkPad laptop unit to turn losses into profit at businesses acquired for $5.2 billion last month.

Most Popular Video

Wednesday, 23 Apr 2014 | 4:32 PM ET

Apple is reporting Q2 EPS of $11.62 on revenue of $45.6 billion. Gene Munster, Piper Jaffray senior research analyst, says investors should feel a sense of relief on these numbers.

Wednesday, 23 Apr 2014 | 3:23 PM ET

CNBC's Becky Quick discusses Warren Buffett's feelings about the market.

Wednesday, 23 Apr 2014 | 12:00 AM ET

Most people probably don't want their six-figure sports cars all marked up, unless it's been marked up by the world's best basketball players. This one-of-a-kind 2002 Aston Martin Vanquish is the only car on the planet to have 50 signatures on it from 50 basketball Hall of Famers, increasing its value over 500 percent.