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Bayer's Covestro scales back IPO in wake of VW scandal

Covestro, the polymers business of German pharmaceuticals giant Bayer, on Thursday delayed and scaled down its planned stock market flotation, originally slated for this week, due to the volatility triggered by the massive ...

LG unveils smartphone with dual display, improved camera

South Korean smartphone maker LG Electronics Inc. unveiled a new smartphone Thursday with an additional screen and a camera that can capture a wider scene when taking a selfie, hoping to arrest a slide in its market share.

Smartphone makers challenged by China 'saturation'

A cooling of smartphone sales in China suggests the world's biggest market for the devices has reached a saturation point, posing challenges for manufacturers, a research report said Thursday.

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