TAURUS

La proposición de ley sumaría el apoyo de la mayoría del Congreso, 178 diputados

La ayuda proporcionará 10 euros por tonelada producida y permitirá bajar el precio del carbón nacional. Leer

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La entidad mantuvo este jueves la tercera reunión con los sindicatos desde que se constituyó formalmente la mesa de negociación la semana pasada. Leer

La cadena sueca de decoración venderá artículos exclusivos de la tradición sueca en dos establecimientos que solo abrirán entre el 21 y el 30 de octubre

El banco se compromete a pagar 0,08 euros por derecho hasta este jueves. Leer

El objetivo es profundizar en su política de ahorro de costes e intentar así mitigar los temores del mercado, informa Financial Times. Sus acciones vuelven a caer hoy con fuerza en Bolsa. Leer

WHEN Samsung Electronics announced on October 11th that it would discontinue its flagship smartphone, the Galaxy Note 7, one crucial event in the history of the world’s second-biggest technology company by revenues (after Apple) sprang to mind. In 1995 Lee Kun-hee, then its boss, ordered 150,000 mobile phones burned and bulldozed in front of 2,000 weeping employees. Business partners who had received the devices as gifts from him had reported back that they did not work properly.

The South Korean auto-da-fé is said to have helped create a culture of permanent crisis at the firm, which drives employees to work incredibly hard. Now the question is how the ignominious end of the Galaxy Note 7 handset, which some hardware aficionados had called the best “phablet” (or large smartphone) ever made, will change Samsung, which is going through a leadership transition. In the midst of the crisis, the firm announced that Lee Jae-yong, the son of Mr Lee, would join the board of Samsung Electronics later this year, taking another step towards succeeding his father, who two years ago suffered a debilitating heart…Continue reading

TO CELEBRATE its 40th birthday, Vinamilk, a big Vietnamese dairy firm, filmed a children’s choir crooning adorably from the helipad of one of the country’s tallest towers. In truth the company hardly needs to sing its own praises. Vinamilk is probably Vietnam’s most familiar consumer brand, and it is widely considered to be the country’s best-run firm. Over a decade its profits have grown by close to one-third each year.

Hence the interest among foreigners in a 9% share to be sold by the government this year—the first tranche in a disposal which should eventually see Vietnam’s communist government give up its entire 45% stake in the firm. It is one of several big companies which the ruling party now promises to part with; two others are the Hanoi and Saigon beer companies, known as Habeco and Sabeco. After years of divesting mainly small slivers of unappealing enterprises, Vietnam is at last offering foreigners a slice of its best assets.

Vinamilk meets much of Vietnam’s daily demand for dairy products, including four-fifths of its condensed milk (most often found lurking sweetly at the bottom of the country’s famous…Continue reading

Better reality

AT THE heart of an emerging technology cluster in London’s Shoreditch lies the Stage, a big mixed-use building complex that is being developed by Vanke, a Chinese real-estate company, among a few others. A potential Chinese buyer of one of the flats in its 37-storey residential tower recently had a look around. She went from room to room, observing the furnishings and fittings. She marvelled at the city views from the balcony and peeped inside the refrigerator. There was no need for a flight to London. She toured the property using virtual reality (VR) goggles at Vanke’s global marketing centre in Shanghai.

The use of VR kit is quickly becoming widespread in China’s property industry. Few real-estate firms in other countries are as advanced. China is fast emerging as the world’s most important VR market, thanks to rapid adoption by property firms and by companies in other industries. The prompt take-up is not because Chinese firms make the best VR headsets, which they do not. In fact, the pioneers in cutting-edge hardware are America’s Oculus, which is owned by Facebook, Japan’s Sony, South Korea’s…Continue reading