All 107 Smart Set women's clothing stores - owned by Reitman's - are slated to close like this one located at the Yonge-Eglinton centre in Toronto at 2300 Yonge St. on Tuesday November 25, 2014. Jack Boland/Toronto Sun/QMI Agency

All Smart Set stores to close

Clothier Reitmans Canada Ltd said on Tuesday it will shut down its Smart Set banner over the next 12 to 18 months to try to boost profits in a market squeezed by new competition from foreign retailers.

REUTERS/Bogdan Cristel/Files

MS to pay China $154M for 'tax evasion'

China has levied about $154 million in back taxes from Microsoft Corp in the first major case concerning cross-border tax evasion in the country, as regulators ramp up pressure on U.S. corporations doing business there.

A signboard displaying the logo of Sony Corp's smartphone line Xperia is seen above its booth as visitors try out game applications on the devices during the Tokyo Game Show 2014 in Makuhari, east of Tokyo Sept. 18, 2014. REUTERS/Yuya Shino

Sony to cut TV, smartphone lineup

Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multibillion dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years.

A lab worker disconnects from a charger a mobile phone, displaying a timer indicating that the battery was fully charged under 30 seconds, at the headquarters of StoreDot in Tel Aviv Oct. 23, 2014. REUTERS/Finbarr O'Reilly

Recharge your phone in 30 seconds?

An Israeli company says it has developed technology that can charge a mobile phone in a few seconds and an electric car in minutes, advances that could transform two of the world's most dynamic consumer industries.

A Google logo is seen at the garage where the company was founded on Google's 15th anniversary in Menlo Park, California September 26, 2013. REUTERS/Stephen Lam

Settlement in Google defamation case

Google Inc said on Monday it had reached a settlement with a British businessman over defamatory postings in its search results describing him as a pedophile, a murderer and a money-launderer.


Regin malware used to spy on governments: Symantec

An advanced malicious software application has been uncovered that since 2008 was used to spy on private companies, governments, research institutes and individuals in 10 countries, antivirus software maker Symantec Corp said in a report on Sunday.

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