Volkswagen and Ford extend multibillion dollar alliance

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Source: Dukascopy Bank SA
Volkswagen AG and Ford Motor announced on Friday that they would spend billions of the US Dollars to jointly produce self-driving and electric vehicles.
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Sat, 13 Jul 2019 02:26:18 GMT

Galeries Lafayette takes controlling stake in Mauboussin

On Friday, France's Galeries Lafayette stated it had tied up with Alain Nemarq, the chairman of Mauboussin, to acquire the majority stake of the jeweller, not disclosing the financial terms of the deal that should be cleared by France's Competition Authority.

Fri, 12 Jul 2019 19:04:26 GMT

Thomas Cook to give China's Fosun minority stake

Thomas Cook is planning a $941 million rescue, that would give China's Fosun Tourism a minority stake in Thomas Cook's airline business.

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