Nvidia Corp said on Monday it will buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion in cash, a deal that would help the U.S. chipmaker boost its data center business.
Jeans maker Levi Strauss & Co said on Monday it expects to raise as much as $587 million through its initial public offering, which marks its return to public markets after more than three decades.
China, Indonesia and Ethiopia grounded their Boeing Co 737 MAX 8 fleets on Monday while investigators found the black box from a crash that killed 157 people in the second disaster involving that airplane model in six months.
India’s Directorate General of Civil Aviation (DGCA) said on Monday it is reviewing safety issues related to Boeing’s 737 MAX 8 aircraft operating in the country, a day after the fatal crash of one of the planes in Ethiopia.
Tesla Inc Chief Executive Elon Musk has until the end of the day on Monday to explain why he should not be held in contempt for recent tweets that U.S. securities regulators say violated a September fraud settlement.
A Tokyo court rejected ousted Nissan boss Carlos Ghosn’s request to attend a board meeting this week, denying him a seat at the table even as the car maker looks set to bolster an alliance he built over two decades.
Indian cigarette manufacturer Godfrey Phillips on Monday said it was in compliance with the country’s foreign direct investment (FDI) rules, following a Reuters article that alleged it circumvented the laws.
The black box recovered from the Ethiopian Airlines plane that crashed on Sunday is the cockpit voice recorder, Ethiopian state TV said on Monday.
Indonesia will temporarily ground Boeing 737 MAX 8 aircraft operating in the country for inspection, the director general of aviation said on Monday, in the wake of the deadly crash of one of the planes in Ethiopia.
The black box from the Ethiopian Airlines flight that crashed on Sunday has been recovered by investigators at the crash site, Ethiopian state TV said on Monday.
Shares of Boeing Co slid almost 10 percent in early trading on Monday after some airlines grounded the world’s biggest planemaker’s new 737 MAX 8 passenger jet following the second deadly crash in just five months.
Willis Towers Watson is the insurance broker for Ethiopian Airlines and Chubb is the lead underwriter, a Willis Towers Watson spokeswoman said on Monday.
Attorneys for ousted Nissan chairman Carlos Ghosn may appeal a court decision to block him from attending a board meeting this week, his lead lawyer said on Monday, adding that Nissan had strongly opposed his attendance.
Shares of Boeing Co slid 9 percent in early trading on Monday as many airlines grounded the planemaker’s best selling 737 MAX 8 passenger jet following the second deadly crash involving the plane.
The heads of Renault SA, Nissan Motor Co and Mitsubishi Motors Corp will hold a joint news conference at Nissan’s headquarters in Yokohama on Tuesday, Nissan said.
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