US car sales seen tumbling 2.1% in May

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Source: Dukascopy Bank SA
The US car sales are seen to plunge 2.1% in May from the previous year, affected by higher prices that spooked potential buyers, according to the data released by the industry consultants LMC Automotive and J.D. Power on Tuesday.
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Tue, 28 May 2019 14:26:21 GMT

GE plans over 1K job cuts in France

General Electric is planning to cut over 1K jobs in France, increasing the risk to set the American firm on the collision course with France's government, as it had consistently asked GE not to trim French jobs.

Tue, 28 May 2019 11:50:50 GMT

Global Payments to acquire Total System in $21.5B deal

On Tuesday, Global Payments, the payment technology company, announced it would acquire Total System Services in the all-stock deal valued at $21.5B, adding it expected the takeover to be completed in the Q4 of 2019.

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