Panasonic to supply plug-in batteries for Toyota Prius

Source: Marketwatch

Panasonic Corp. announced it will supply lithium-ion batteries for Toyota's new plug-in version of hybrid car Prius. It is the first time Panasonic provides its lithium-ion rechargeable batteries for car manufacturer. Toyota plans to launch the new model on January 30 in Japan and estimates sales around 35,000-40,000 units.

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Tue, 29 Nov 2011 08:43:58 GMT

S&P considers downgrade of Franc's credit rating

Standard & Poor's may decrease France's triple-A credit rating to negative in a period between seven to 10 days, reported La Tribune, France's newspaper. The newspaper referring to anonymous source announced the agency planned to report about credit downgrade last Friday but delayed it for unknown reasons.

Tue, 29 Nov 2011 10:36:17 GMT

Acer suffers from floods in Thailand

Acer Inc. announced it still hopes the company will break even in Q4 despite problems caused by insufficient quantity of hard disks because of severe floods in Thailand. The effect of the dick shortage will be the strongest between December and February and the company plans to increase prices for some models of PC by 2%-3%, said Acer spokesman.

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