Tag Archives: order

Broadcom Takeover of Qualcomm Blocked by US President Trump’s Executive Order

US President Donald Trump on Monday blocked microchip maker Broadcom’s proposed takeover of Qualcomm on national security grounds, ending what would have been the technology industry’s biggest deal ever amid concerns that it would give China the upper hand in mobile communications. The presidential order reflected a calculation that the United States’ lead in creating technology and setting standards for the next generation… Read More »

Broadcom-Qualcomm Showdown Delayed by US Security Panel Order

A US national security panel on Sunday ordered Qualcomm to put off its March 6 annual shareholder meeting, delaying a long-awaited showdown in the company’s attempt to see off a takeover bid by Broadcom. Separately, Broadcom said the decision was the result of secret moves made by Qualcomm on January 29 to encourage an investigation into the proposed $117 billion (roughly  Rs.… Read More »

Meat stalls flout government order, do brisk business

No meat stall was supposed to transact business on Sunday (April, 9) as it was a dry and no meat day announced by the State government on the occasion of Mahavir Jayanthi. As a mark of paying respect to Lord Mahavir, who propagated non-violence and truth, the Governments observe this day as a dry day similar to Gandhi… Read More »

Judge rejects US administration’s request to clarify order halting travel ban

  Demonstrators protest outside the office of Immigration and Customs Enforcement (ICE) against Trump’s revised travel ban on March 16, 2017 in Chicago, Illinois.(AFP Photo) A federal judge on Sunday rejected the US government’s request to clarify his temporary order blocking President Donald Trump’s revised travel ban. US District Judge Derrick Watson said nothing was unclear about his… Read More »

US announces $8.5bn F35 order

The US Department of Defense has announced a deal for 90 F-35 jets worth about $8.5bn for supplier Lockheed Martin. The agreement brings the price for each stealth fighter aircraft below $100m for the first time, the Pentagon said. The Pentagon says it will save around $728m compared with its last order. US President Donald Trump has been… Read More »

Tesla explains cancelled order with German supplier SHW

Electric car maker Tesla Motors Inc (TSLA.O) said it cancelled a large order with Germany’s SHW (SW1.DE) because the supplier failed to meet its contractual obligations and Tesla did not want to put the production of its new Model 3 sedan at risk. Tesla boss Elon Musk has warned in the past he would fire suppliers and reorganise… Read More »

US regulators order recall of 1m Samsung Note 7 phones

US safety regulators have announced a formal recall of the Samsung Galaxy Note 7 after reports of fires caused by faulty batteries. The South Korean tech giant had already launched a voluntary recall after user complaints about ‘exploding’ phones. According to Samsung, the problem affects 2.5 million devices globally, including 1 million in the US. The recall comes… Read More »