HTC, due to Apple and Samsung dominance and the proliferation of cheap smartphones from China, saw its market share decline to just 2.8%.
Sectors
Videocon Telecoms to bid for spectrum in auction
The plan to bid for 900 Mhz band for telecommunications would be done and a business case is to be presented by Deloitte.
ObamaCare navigators in New York unreachable- survey
ObamaCare navigators in New York were unreachable, according to an informal survey conducted by the Post.
Apollo wants to increase flagship fund limit - sources
Two sources told Bloomberg that private equity firm Apollo Global Management LLC was contemplating on raising its new fund limit.
Contractors to wait for assurances from Pentagon before reversing furloughs- report
Contractors of the US government would most likely wait for assurances from Congress before reversing furloughs, a Bloomberg report said.
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Norilisk CEO Potanin, who purchased stock at the collapse of the Soviet Union, intends to make the mining firm's management world class.
With the US government's partial shutdown, talks between US and EU regarding the creation of the biggest free trade zone in the world scheduled next week in Brussels had been scrapped, said a Reuters report.
Ben Venue was required by court to comply with good manufacturing standards set. The local unit of German pharmaceutical firm Boehringer Ingelheim, Ben Venue Laboratories Inc.
A default would bring catastrophic results to the world economy. The world is anticipating the showdown on Capitol Hill over the US federal budget and debt ceiling.
The Financial Times reported that US hedge funds had been aggressively investing in the struggling banking sector of Greece.
The United States of America had moved closer to reaching a first ever default on the nation's debt after House Speaker John Boehner ruled out a straightforward bill to increase the country's borrowing limits without approval from the US President, said The Economic Times report.
After the end of Bank of Korea's governor term, the central bank would need a new head that has strong global focus and a firm grip on international economics, said a presidential adviser.
HSBC Holdings had lost its bid to undo a 2009 securities fraud trial verdict, according to a Reuters report.
JC Penney named Jan Hodges as the new head of its struggling home goods section JC Penney Co Inc. had named an insider to be the new head of its struggling home goods section.
