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Toyota completes modernization
Sat, 18 Jan 2020 07:40:54 GMT
 
On Friday, it was announced by Toyota Motor Corporation that it has completed a $1.3 billion modernization program in Indiana. >>
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Crude oil trades steady
Sat, 18 Jan 2020 07:31:27 GMT
 
During Friday's US trading session, crude oil price benchmarks declined, as a decline in Chinese economy, which imports oil, was observed. >>
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Wall Street reaches new high level
Sat, 18 Jan 2020 06:15:49 GMT
 
On Friday, US stock indices reached new high levels, financial media outlets attributed the event to US housing data. >>
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Four companies sue Facebook in US Federal Court
Fri, 17 Jan 2020 19:48:48 GMT
 
According to a filing at the US Federal Court for the Northern District of California on Thursday, four companies have sued Facebook Inc for alleged anti-competitive conduct. >>
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Netflix launches new office in Paris
Fri, 17 Jan 2020 18:59:55 GMT
 
Netflix has opened a new office in Paris , as the company's CEO Reed Hastings said in a statement on Friday that it plans to produce several original French-language shows >>
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Smith sees room for fleet cooperation
Fri, 17 Jan 2020 18:57:24 GMT
 
On Friday, Ben Smith, the CEO of Air France-KLM, said that a plane order swap in 2019 has simplified the two airlines' operations and reduce costs, but sees room for >>
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US Senate approves USMCA trade deal
Fri, 17 Jan 2020 18:00:51 GMT
 
The US lawmakers on Thursday ratified the United States-Mexico-Canada trade deal that includes stronger rules on labour and carmakers. >>
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Mexican auto parts industry expects record sales
Fri, 17 Jan 2020 17:04:33 GMT
 
Mexico's automobile parts companies expect record sales year after the US Senate ratified the United States-Mexico-Canada Trade Agreement. >>
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Bloomberg aims to make all US vehicles electric by 2035
Fri, 17 Jan 2020 15:43:29 GMT
 
On Friday, the US politician Michael Bloomberg has unveiled his plan to cut transportations' greenhouse gas emissions by making electric cars accessible to all-kind-of-income families and boosting access to public >>
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HSBC shreds around 100 jobs in equities business
Fri, 17 Jan 2020 15:17:25 GMT
 
HSBC is phasing out about 100 job positions in the banking company's equities business, a move that will affect the bank's equities research, trading, sales, and back-office business departments, Reuters >>
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Ant Financial's private share sales worth $200B
Fri, 17 Jan 2020 13:54:32 GMT
 
Ant Financial's private shares have been offered at levels that value China's financial group at $200B, raising the giant up the ranks among the most valuable and unlisted companies. >>
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Temasek, Trustbridge seek to raise stake in WeWork China
Fri, 17 Jan 2020 12:42:03 GMT
 
Trustbridge Partners and Temasek Holdings are negotiating with WeWork China about raising their stake in the Chinese branch of the co-working start-up to acquire the majority ownership, Reuters reported on >>
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Renault sees slight slump in 2020 car market across Eurasia
Fri, 17 Jan 2020 11:31:49 GMT
 
On Friday, Renault stated it saw a slight slump in the 2020 car market in China, Russia and Europe, following its report of a 3.4% drop in the French carmaker's >>
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VW to acquire 20% of China's Guoxuan in electric push
Fri, 17 Jan 2020 10:12:42 GMT
 
Volkswagen is planning to acquire a 20% stake in Guoxuan High-tech, the Chinese electric vehicle battery manufacturer, as the German carmaker steps up the electric push into China's auto market. >>
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Alphabet's public market capitalisation hits $1 trillion
Fri, 17 Jan 2020 09:28:55 GMT
 
Alphabet's public market capitalisation reached the mark of $1 trillion shortly before the trading close on Thursday, which made the group the fourth of S&P 500 components to hit the >>
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