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EU tells UK’s new leader Johnson to stop playing “stupid” Brexit blame game

EU tells UK’s new leader Johnson to stop playing “stupid” Brexit blame game

On Tuesday, the 8th of October 2019, the European Union, a pact of 28 European nations excluding Britain, cautioned UK’s new leader Boris Johnson not to play a “stupid” blame game over Brexit

GM strike affects 150,000 auto industry workers, says consulting firm AEG

GM strike affects 150,000 auto industry workers, says consulting firm AEG

On Tuesday, consultancy firm Anderson Economic Group (AEG) said that latest GM strike would likely to inflict deeper wounds on to 150,000 workers

Boeing receives first 737 Max order since March 10th, deliveries fell 50%

Boeing receives first 737 Max order since March 10th, deliveries fell 50%

On Tuesday, the Chicago, Illinois-based world’s No. 1 low-cost aircraft carrier maker, Boeing Co. issued a statement saying that it had secured its first new order for Max 737 since March 10th’s crash

US expands blacklist, includes China’s leading AI start-ups ahead of talk

US expands blacklist, includes China’s leading AI start-ups ahead of talk

On Tuesday, the 8th of October 2019, the US Commerce Department widened its blacklists to add some of the top Chinese AI start-ups

UK Chipmaker Arm joins GM, Toyota to seek common ground on car chips

UK Chipmaker Arm joins GM, Toyota to seek common ground on car chips

The UK-based semiconductor maker, Arm Holdings, saying that it was forming a joint venture General Motor and Toyota Motor Corp. to develop a common computing system for autonomous vehicle

Kroger Co. to stop selling e-cigarettes at stores

Kroger Co. to stop selling e-cigarettes at stores

On Monday, Kroger Co. had issued a public statement saying that the company had decided to stall selling of e-cigarettes at its fuel centres and stores

Surprise Delta investment on LATAM Airlines Group to fire up competition

Surprise Delta investment on LATAM Airlines Group to fire up competition

An investment of $1.9 billion of the Delta Air Lines in to LATAM Airlines Group last week that came as a surprise to many, would likely to ratchet up heats in South American aviation industry

British retailing lender Tesco to appoint John Kingman as Chairman

British retailing lender Tesco to appoint John Kingman as Chairman

Tesco Bank, solely owned by Tesco Plc. since 2008, seeks to appoint British businessman and the Chair of UK Research and Innovation, Sir John Oliver Frank Kingman, 50

Airbus sold 41 jets in September, aims record Q4 deliveries

Airbus sold 41 jets in September, aims record Q4 deliveries

On Monday, Leiden, Netherlands-based European planemaker and defence contractor, said that the aviation industry titan had sold 41 aeroplanes last month

HSBC to slash up to 10,000 jobs to cut expenses

HSBC to slash up to 10,000 jobs to cut expenses

In the wake of a withering backdrop of a sluggish global economy, HSBC Holding Plc., the seventh-largest lender across the globe had been drawing up a plan to slash as many as 10,000 full-time employees

GM lays off another 415 workers in Mexico as US strike enters 4th week

GM lays off another 415 workers in Mexico as US strike enters 4th week

In the face of an ongoing negotiation with its striking workers’ union, UAW, GM had made an announcement on Monday saying that it had decided to lay off another 415 full-time employees in Mexico

GE to freeze, pre-pay pensions to save up to $8 billion

GE to freeze, pre-pay pensions to save up to $8 billion

On Monday, General Electric told that the company’s management board had agreed to freeze pension for roughly 20,000 full-time US employees alongside other austerity measure

Mercedes-Benz offers €3,000 subsidy to retrofit older diesel car in Germany

Mercedes-Benz offers €3,000 subsidy to retrofit older diesel car in Germany

Earlier this week, Daimler AG, the parent-organization Mercedes-Benz, had announced that its Mercedes-Benz customers in Germany could apply for €3000 subsidy to upgrade exhaust filters of the older, polluting diesel vehicle

Weekend talks between UAW and GM take ‘turn for the worst’: Union

Weekend talks between UAW and GM take ‘turn for the worst’: Union

On Sunday, the 6th of October 2019, ongoing negotiations between General Motors Co., United States No. 1 automaker, and UAWtook a “turn for the worst”

HP Inc. computer manufacturing wing to slash up to 9,000 jobs

HP Inc. computer manufacturing wing to slash up to 9,000 jobs

CA-based American multinational information technology company, Hewlett Packard Company, shortly dubbed as HP, had been exploring an option to trim between 7,000 to 9,000 jobs

Vodafone tests new network technology in UK to counter big three suppliers

Vodafone tests new network technology in UK to counter big three suppliers

Global telecommunication Goliath, Vodafone Group Plc., said on Sunday that it had been testing an innovative open-access radio technology in UK, the first of its kind for Europe

Iranian minister reiterates stand for bonhomie with other ME nations

Iranian minister reiterates stand for bonhomie with other ME nations

Bijan Zanganeh, who is Iran's oil minister, also said that China had opted out of developing Phase 11 of the oil-field in South Pars

Court ruled Tesla’s Automated-Parking problems liabilities for app drivers

Court ruled Tesla’s Automated-Parking problems liabilities for app drivers

Tesla vehicle owners summoning their driverless cars from the parking lots using a new phone app Tesla Inc. had released last week, should be held liable for any damages, ruled US court

UAW sees ‘’good progress’ on key issues to resolve GM strike

UAW sees ‘’good progress’ on key issues to resolve GM strike

Late on Friday, the 4th of October 2019, the United Auto Workers union said that the Union representing GM’s striking workers had made substantial extent of progress on some of the key concerns

Sackler family reaped roughly $13 billion from Oxycontin-maker Purdue

Sackler family reaped roughly $13 billion from Oxycontin-maker Purdue

On Friday, several US State attorneys had claimed that the opioid-painkiller Oxycontin-maker Purdue Pharma LP might have tilted more than $13 billion to the company’s controlling stakeholder Sackler family in profits

US antitrust probers ask Spotify to detail alleged Apple abuse

US antitrust probers ask Spotify to detail alleged Apple abuse

Late on Friday, the 4th of October 2019, US lawmakers had asked for detail information from Spotify, which had been a rival & critic to Apple Inc.

PG&E says secures $34.45 billion in debt financing for reform, shares soar

PG&E says secures $34.45 billion in debt financing for reform, shares soar

On Friday, utility company PG&E Corp. had said in court filing that it had secured debt-financing commitments of roughly $34.35 billion for its slated Chapter 11 bankruptcy reorganization

PayPal becomes the first to exit Facebook’s Libra Association

PayPal becomes the first to exit Facebook’s Libra Association

On Friday, US-based multinational payment processor, PayPal Holdings Inc. said that had decided to leave Facebook Inc.’s digital currency project, Libra Association

US NHTSA reviews claims Tesla should have recalled 2,000 vehicles

US NHTSA reviews claims Tesla should have recalled 2,000 vehicles

On Friday, the 4th of October 2019, the US NHTSA had launched a review on claims that the Palo Alto, CA-based e-vehicle maker had botched to issue a recall following a software upgrade

Apple to raise production of iPhone 11 models by 10 per cent

Apple to raise production of iPhone 11 models by 10 per cent

The US-based multinational tech Goliath, iPhone maker Apple Inc., headquartered in Cupertino, CA, had asked its suppliers to heighten production of its recently released iPhone 11 models by 10 per cent or 8 million units

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