US antitrust unit calls for extra info from United Tech, Raytheon

Source: Dukascopy Bank SA
The US DoJ antitrust division made a request for additional information on Raytheon, United Technologies $120B merger deal, as the tie-up could potentially intensify the consolidation pace in the aerospace and defence industry.
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Thu, 15 Aug 2019 15:29:37 GMT

UPS takes TuSimple stake, tests autonomous trucks in Arizona

On Thursday, UPS announced it had taken a minority stake in the self-driving firm TuSimple, while also launched the start-up's autonomous trucks testings in Arizona, as the company sought to build driverless vehicles for the government's regular use.

Thu, 15 Aug 2019 12:41:39 GMT

Cisco China sales hit by Trump's tariffs

On Thursday, Cisco reported its China sales dropped as much as 25% due to the tariffs on Chinese-made goods imposed by the US President Donald Trump, sending the company's shares down 8% to $46.53.

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