UPS takes TuSimple stake, tests autonomous trucks in Arizona

Source: Dukascopy Bank SA
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.
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Thu, 15 Aug 2019 16:27:32 GMT

Intact Financial to acquire insurers in C$1.0B

On Thursday, Canada's Intact Financial has agreed to acquire the insurers Frank Cowan Co and The Guarantee Co of North America in a $1.0B cash-deal with Princeton Holdings.

Thu, 15 Aug 2019 14:34:26 GMT

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

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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