Signify to buy Cooper Lighting in $1.4B deal

Source: Dukascopy Bank SA
The Dutch-based lighting firm Signify agreed with Eaton Corp. to acquire Cooper Lighting Solutions in a cash-deal worth $1.4B, as it seeks to expand its footprint in North America.
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Wed, 16 Oct 2019 10:47:40 GMT

Huawei's revenue grows 24.4% in 2019 first three quarters

The Chinese technology giant Huawei Technologies reported on Tuesday its revenue rose 24.4% during the first three quarters in the current year to $86.0B, by shipping over 185M smartphones within the same period, up 26% year-over-year.

Wed, 16 Oct 2019 09:34:40 GMT

GM, union close to end UAW strike

The union of the United Auto Workers and General Motors are nearing a deal to terminate the month-long UAW strike that had cost the carmaker around $2.0B, after the President Mark Reuss and the CEO Mary Barra took part in the contract talks.

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