INTERNATIONAL
Dell,
GOME tie up for PC sales in China
Mumbai:
Dell Inc, the world's No.2 personal computer maker,
has tied up with GOME Electrical Appliances Holding
Ltd, China's largest electronics retailer, to sell
its latest range of PCs and improve is mainland market
share.
The
tie-up with the GOME Group follows Dell's similar moves in the United States to
expand beyond its direct-sales model to increase sales and market share after
losing the top-selling PC slot to Hewlett-Packard Co last year.
"This
adds another dimension to the Dell direct model," Michael Tatelman, vice
president of marketing and sales for Dell's global business, told reporters.
China's
market is dominated by domestic giant Lenovo, whose 35 per cent market share is
nearly triple nearest rival HP's.
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GM
workers go on strike as wage negotiations fail to
move
Mumbai: Workers at General Motors struck work
today, marking the first time since 1984 that a contract
breakdown has led to a strike at the world's largest
automaker.
Reports
earlier quoted a leader of the United Auto Workers union at the Lansing, Michigan
site as saying the strike had begun around 11 am EDT, when a deadline set by the
UAW to forge a new labor contract with GM came and went with no announcement of
a deal.
Later
reports indicated that plant employees in Flint and Warren, Michigan, were also
leaving their facilities. A televised report showed a picket line in Warren.
GM
confirmed the work stoppage and said it was disappointed with the UAW's decision
to call a national strike.
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Halliburton
seeks to acquire stakes in Gulf oil firms
Mumbai: Halliburton Co., the world's second-largest
oil services company, is seeking to acquire stakes
in emerging Gulf Arab firms to expand its operations
in the region, a report in the Arab daily Asharq al-Awsat
said.
"The
American company is studying the chance to acquire stakes in emerging oil companies
in the Gulf to boost its exploration operations in those companies' exclusive
areas," the report said.
The daily, which cited unidentified sources,
however, did not name the companies or countries that could interest the US oil
and gas service company.
Halliburton set up its corporate headquarters in Dubai
in an effort to take a larger share of the oil and gas services market outside
of the Americas.
Halliburton
CEO Dave Lesar said in May that 70 per cent of the company's potential market
was outside of the US. He said the company was looking for major investors to
take a stake in Halliburton as it looks to expand.
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