Sony to shut down phone factory in China

Source: Dukascopy Bank SA
Sony Corp is planning to shut down its smartphone plant in Beijing, the company's spokesman stated on Thursday, as Japan's electronics maker set to trim its costs in efforts to bring back profitability of the handset business.
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Thu, 28 Mar 2019 15:46:04 GMT

ZF Friedrichshafen to take over Wabco

ZF Friedrichshafen, the German car parts maker, is set to acquire the US competitor Wabco for more than $7.0B in cash, seeking to boost its driver-assistance systems portfolio, two companies stated on Thursday.

Thu, 28 Mar 2019 15:53:35 GMT

Deutsche Telekom convinced over Sprint-T-Mobile deal

Deutsche Telekom's CEO Tim Hoettges is confident a $26B worth takeover of Sprint by the US firm T-Mobile can be granted approval by American regulators and will go through in the end.

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