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Home2018

Year: 2018

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Business News

Trump is right, jobs for black Americans abound. Here’s why it may not last

November 26, 2018 admin Comments Off on Trump is right, jobs for black Americans abound. Here’s why it may not last

Ask Memphis residents and they might say that President Donald Trump got this one right: this is the best job market as far as many in this majority black city can remember.

…read more […]

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Business News

PNG upholds deal with Huawei to lay internet cable, derides counter-offer

November 26, 2018 admin Comments Off on PNG upholds deal with Huawei to lay internet cable, derides counter-offer

Papua New Guinea (PNG) will uphold its agreement with China’s Huawei Technologies Co Ltd to build its internet infrastructure, a PNG government minister said on Monday, dismissing offers from Western countries to take on the work.

…read more […]

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Business News

In China’s hinterland, car market growth engine sputters

November 26, 2018 admin Comments Off on In China’s hinterland, car market growth engine sputters

When Cao Jun, 40, an engineer from the central Chinese city of Pingdingshan, takes his old, grey MG 3 car to be serviced he always steals a few moments to pop into the Nissan and Honda dealerships next door.

…read more […]

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Nissan says CEO did not mention need to review alliance equity structure

November 26, 2018 admin Comments Off on Nissan says CEO did not mention need to review alliance equity structure

Nissan Motor Co said Chief Executive Officer Hiroto Saikawa did not mention a need to review the automaker’s equity partnership with French partner Renault SA at a town hall meeting he held with staff on Monday morning.

…read more […]

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Business News

Oil claws back some losses after ‘Black Friday’ plunge

November 26, 2018 admin Comments Off on Oil claws back some losses after ‘Black Friday’ plunge

Oil prices clawed back some losses after a nearly 8 percent plunge in the previous session, but remain under pressure with Brent crude below $60 per barrel amid weak fundamentals and struggling financial markets.

…read more […]

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Exclusive: Russia plans stiffer fines for tech firms that break rules – sources

November 26, 2018 admin Comments Off on Exclusive: Russia plans stiffer fines for tech firms that break rules – sources

Russia plans to impose stiffer fines on technology firms that fail to comply with Russian laws, sources familiar with the plans said, raising the stakes in the Kremlin’s fight with global tech giants such as Facebook and Google.

…read more […]

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GM plans major announcement on global operations Monday -Canada union

November 26, 2018 admin Comments Off on GM plans major announcement on global operations Monday -Canada union

General Motors Co is set to make a major announcement on Monday that will affect its global operations and threatens to shutdown a big vehicle assembly plant in the province of Ontario, a Canadian union said on Sunday.

…read more […]

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Mitsubishi Motors’ board meets on Monday to remove Chairman Ghosn

November 26, 2018 admin Comments Off on Mitsubishi Motors’ board meets on Monday to remove Chairman Ghosn

Mitsubishi Motors Corp’s board will meet on Monday to remove Carlos Ghosn from his role as chairman after his arrest and ouster from alliance partner Nissan Motor Co last week for alleged financial misconduct.

…read more […]

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Shares tick up on U.S. holiday sales hopes, but oil rout checks enthusiasm

November 26, 2018 admin Comments Off on Shares tick up on U.S. holiday sales hopes, but oil rout checks enthusiasm

Asian stocks and U.S. equity futures posted modest gains on Monday on hopes of solid U.S. holiday sales, though plunging oil prices fanned worries about a dimming outlook for the global economy.

…read more […]

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GM to make major announcement about global operations Monday: Canada union

November 26, 2018 admin Comments Off on GM to make major announcement about global operations Monday: Canada union

General Motors Co is set to make a major announcement on Monday that will affect its global operations, including auto production at an Ontario plant, a Canadian union said in a statement on Sunday.

…read more […]

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Nissan CEO to workers: ties with Renault ‘not equal’, needs review: Kyodo

November 26, 2018 admin Comments Off on Nissan CEO to workers: ties with Renault ‘not equal’, needs review: Kyodo

Nissan Motor Co Chief Executive Hiroto Saikawa told employees on Monday that the Japanese automaker’s relationship with French partner Renault SA was “not equal” and needed to be reviewed, Kyodo News reported, citing an unnamed source.

…read more […]

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Business News

GM to make major announcement about its global operations Monday: union

November 26, 2018 admin Comments Off on GM to make major announcement about its global operations Monday: union

General Motors Co is set to make a major announcement on Monday that will affect its global operations, a Canadian union said in a statement on Sunday.

…read more […]

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Business News

Oil prices stabilize after ‘Black Friday’ plunge

November 26, 2018 admin Comments Off on Oil prices stabilize after ‘Black Friday’ plunge

Oil prices steadied on Monday after plunging nearly 8 percent in the previous session, but remain under pressure with Brent crude below $60 per barrel amid weak fundamentals and struggling financial markets.

…read more […]

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Business News

General Motors plans to close Canadian assembly plant: TV report

November 26, 2018 admin Comments Off on General Motors plans to close Canadian assembly plant: TV report

General Motors Co is planning to close all operations at a plant near Toronto and an announcement is expected on Monday, a local TV news channel reported on Sunday

…read more […]

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Logitech ends negotiations to acquire Plantronics

November 26, 2018 admin Comments Off on Logitech ends negotiations to acquire Plantronics

Logitech International SA, a Swiss manufacturer of keyboards and webcams, has ended discussions to acquire Plantronics Inc, a U.S. maker of Bluetooth earpieces and gaming headsets, the companies said on Sunday.

…read more […]

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