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Renault, Nissan on pole over governance, tie-up caught in a tangle

11-06-2019

Despite French Government’s intent to deduce its stake on carmaker, Renault SA, latest governance reform of Nissan-Renault alliance had met with a contemptuous chaos, while the alliance future seemed to be worsening

American Airlines extends Boeing Max 737 grounding up to September 3rd

11-06-2019

On Sunday, the 9th of June 2019, the American Airlines Group Inc. had issued a statement saying it had decided to extend its cancellation of Boeing Co.’s Max 737, used to operate about 115 daily flights of the airlines, up to September 3rd

Aurora teams up with Fiat Chrysler on self-driving technology

11-06-2019

On Sunday, autonomous car software startup Aurora, headquartered in Palo Alto, had issued a statement saying that the California-based company would team up with Italian-American carmaker Fiat Chrysler in order to develop self-driving software platform

Raytheon, United Tech. set to create $120 billion defense & aerospace giant

11-06-2019

On Sunday, the 9th of June, the US-based aerospace conglomerate, United Technologies Corp. had reached an accord to merge its aerospace making business with one of the most influential US defense contractors, Raytheon Co

China summons global tech titans after Huawei ban

10-06-2019

In the wake of a ban on Huawei by US President Donald Trump earlier in May aimed at crippling its global supply chain, China had summoned global technology giants for discussions last week

Global stocks climb on China data, rate cut hope, Yuan drops to 2019-low

10-06-2019

On Monday, the 10th of June 2019, Asian stocks alongside European bourses and US stock futures posted gains after United States had abandoned its plans of imposing higher tariff on all of Mexican imports by June 10th over illegal immigrant issue.

Trump would ease on Huawei ban if trade talks advance

10-06-2019

On Sunday, US Treasury’s Mnuchin said that President Donald Trump could consider a potential head off on Huawei ban and curb restrictions over the world’s No. 1 telecom equipment gear maker, if there were progresses in China trade spats

Raytheon and United technologies in talks of merger

10-06-2019

Raytheon Co., a major US defense contractor, headquartered in Waltham, Massachusetts, and United Technologies Corp., an aircraft manufacturing conglomerate based in Connecticut, had been in an early stage of an all-stock merger talk

French government prepared to trim Renault stake to bolster Nissan alliance

10-06-2019

On Saturday, the 8th of June 2019, the French Finance Minister, Bruno Le Maire, said that the French Government had laid the groundworks to slash its stakes on French carmaker Renault SA in order to boost up Renault’s tie-up with Japanese Nissan Motor Co

China to curb technology exports to United States

09-06-2019

Fanning the flames of an already escalated trade spat further, China had been preparing to slash some technology exports to United States, the Chief Editor of pro-CCP (pro-Chinese Communist Party)-based Global Times Newspaper said on Saturday

Brazilian state sues Braskem over liabilities for damages from mining

09-06-2019

On Friday, the 7th of June 2019, the Brazilian northeastern state of Alagoas Government had issued a statement saying that the prosecutors of Alagoas had filed a lawsuit against the Latin America’s largest petrochemical company, Braskem SA

G20 agrees to push ahead with digital taxes on tech titans

09-06-2019

On Saturday, at a two-day meeting of G20 finance ministers at the city of Fukoka in Japan, the perspicacious bunch of 20 finance ministers had reached an accord to prepare common rules aimed at closing tax loopholes used by tech tycoons

FedEx to end Amazon contract for FedEx Express plane service

09-06-2019

On Friday, the 7th of June 2019, the US-based multinational courier service, FedEx Corp., headquartered in Memphis, Tennessee, had issued a statement saying that the company had decided not to renew its contract with Amazon

Mexico reaches deal with US on illegal immigrants, averts trade war

09-06-2019

On Friday, the 7th of June 2019, US President Donald Trump said that the Mexican Government had reached a deal with the United States “pledging to take strong measures” in order to contain migrations

Facebook suspends pre-installed apps on Huawei phones, Twitter to follow?

09-06-2019

On Friday, there had been a latest development on trade conflict between China’s Huawei and United States, while US-based social networking giant, Facebook Inc. had said that it would no longer allow pre-installation of Facebook apps on Huawei phone

Wells Fargo to pay $386mn to clients to settle unwanted insurance claims

08-06-2019

On Friday, Wells Fargo & Co., world’s fourth largest bank by market capitalization headquartered in San Francisco, had issued an emailed statement saying that the US lender would be paying its customers as little as $386 million

Europe’s 5G will cost $62 billion more if Chinese vendors are banned

08-06-2019

Europe’s 5G network development would cost about $62 billion (55 billion euro) more and delay the technology about one and a half years, if European regulators put a ban on purchasing telecom gears from Chinese firms

Qatar Airways to seek compensation from Boeing on MAX 737 grounding

08-06-2019

On Friday, chief executive of the Qatar Airways Company, operating as Qatar airways, a state-owned aircraft carrier of Qatar, Akbar al-Baker said that the state-owned aircraft carrier had been exploring an option to seek compensation from Boeing

Wall St. rallies despite poor job data on US-Mexico deal, rate-cut bet

08-06-2019

On Friday, the 7th of June 2019, all three key indexes of Wall St. had winded up the day higher as an unprecedent slowing of US job growth had bolstered the hope of an interest rate cut in a near-term outlook

Beyond Meat sees sales more than doubling in 2019, share soars 21%

08-06-2019

Beyond Meat Inc., the LA-based producer of vegetable-based burgers, said on Thursday, the 6th of June 2019, that it had been expecting its revenue more than doubling up this year

Amazon’s Bezos says robotic hands will be ready for warehouses in a decade

08-06-2019

Amazon chief billionaire Jeff Bezos said that he had been expecting commercial robotic hands working in the warehouses and picking goods for delivery purposes as reliably as human hands within next ten years

Three US states joined probe on planned merger of Sprint and T-Mobile

08-06-2019

On Thursday, the 6th of June 2019, Attorney Generals of Michigan, Pennsylvania and Arizona had joined forces to investigate on T-Mobile’s planned merger with rival Sprint for a lump-sum of $26 billion

Google to purchase analytics software firm Looker at a $2.6 billion deal

08-06-2019

On Thursday, Alphabet’s search engine giant, Google LLC., an American multinational tech tycoon headquartered in Menlo Park, California, had issued a statement saying that the company would purchase a privately held big-data analytics company, Looker,

As US-Mexico talk makes headway, market hopes a deal could be close

07-06-2019

On Thursday, the 6th of June 2019, US and Mexican trade negotiators had resumed talks on trade, while markets had witnessed a radical rebound over a Bloomberg report saying that a deal could be close

Mexican retaliatory tariff list of US goods to exclude US corns

07-06-2019

On Wednesday, the 5th of June 2019, Mexican government officials said that Mexico had created a list of US products, which it would likely to hit with added tariffs in retaliation for possible Trump’s Mexico tariff

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