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Consumer Products & Retail

Hutchison Harbour Ring sees $269 mln gain in deal 7:59am IST

HONG KONG, May 17 (Reuters) - Hutchison Harbour Ring Ltd said it expected to realise HK$2.1 billion ($269 million) gain from the sale of an office tower in Shanghai to an affiliate of Asia Pacific Land Ltd .  Full Article

 
UPDATE 1-Canadian union accepts GM Canada labor deal 7:47am IST 

MONTREAL, May 16 (Reuters) - Canadian Auto Workers union members at three General Motors of Canada locations have voted in favor of a new three-year labor agreement with the company, the union said late on Friday.  Full Article 

Motorola's chief strategy and tech officer quits 6:24am IST 

NEW YORK, May 16 (Reuters) - Rich Nottenburg, Motorola Inc's chief strategy and technology officer, has become the latest senior staff member to exit since activist investor Carl Icahn strengthened his influence, a spokeswoman said on Friday.  Full Article 

UPDATE 2-California wine visionary Robert Mondavi dead at 94 5:35am IST

SAN FRANCISCO, May 16 (Reuters) - Winemaker Robert Mondavi, the man most credited for turning California into a world-class wine producer and millions of Americans into wine lovers, died on Friday at his Napa Valley home at the age of 94.  Full Article

 
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Delphi asks court to force investors to pay $2.6 bln 4:29am IST

DETROIT (Reuters) - Auto parts supplier Delphi Corp on Friday filed a lawsuit against an investor group led by Appaloosa Management L.P in an attempt to win a court order requiring the group to provide $2.55 billion in equity or damages to the bankrupt company.  Full Article

 
Nintendo set to launch "Wii Fit" exercise game 4:04am IST

SAN FRANCISCO, May 16 (Reuters) - For years, video games have been blamed for turning kids into idle layabouts who only venture off the couch to fill up on potato chips and soda.  Full Article

 
UPDATE 1-California wine legend Robert Mondavi dead at 94 3:57am IST

SAN FRANCISCO, May 16 (Reuters) - California winemaker Robert Mondavi, the man most credited with bringing the state's wines to worldwide attention, died on Friday at age 94 at his Napa Valley home, a spokeswoman for his namesake winery said.  Full Article

 
Wireless chip market grew 7.6 pct in 2007-iSuppli 3:14am IST

NEW YORK, May 16 (Reuters) - Wireless chip growth outpaced the overall chip market in 2007 and Qualcomm Inc led with 24 percent chip revenue growth, helping it overtake Texas Instruments , according to a report from technology researcher iSuppli.  Full Article

 
GM plant in Mich. ratifies contract, ends strike 3:12am IST

DETROIT, May 16 (Reuters) - Workers at a General Motors Corp plant near Lansing, Michigan ratified a new local contract on Friday, ending a month-long strike that shut down production of popular GM crossover vehicles.  Full Article

 
Delphi asks court to force investors to pay $2.6 bln 1:52am IST

DETROIT, May 16 (Reuters) - Auto parts supplier Delphi Corp on Friday filed a legal complaint against an investor group led by Appaloosa Management L.P in an attempt to win a court order requiring them to provide $2.55 billion in equity and damages to the bankrupt company.  Full Article

 
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