Articles by admin

American-Italian carmaker Fiat Chrysler has made an all share merger proposal to French rival Renault as part of a new wave of auto industry consolidation.

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China’s Foreign Ministry said on Monday that any disputes between China and the United States should be resolved through talks.

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Peugeot-maker PSA’s shares fell on Monday, which some analysts put down to the fact that Fiat had chosen to seek a merger with Renault rather than PSA.

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Norway’s DNB will meet with Euronext before deciding whether to sell its 20% stake in Oslo Bors VPS to the pan-European stock market operator, the bank said on Monday.

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Fiat Chrysler has made a “transformative” merger proposal to Renault, the Italian-American carmaker said, in a deal that would create a new third-ranked global manufacturer.

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Shares in both Fiat and Renault surged higher on Monday, as analysts welcomed a proposed merger between the two carmakers.

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Nasdaq withdrew its bid on Monday to takeover Norwegian stock market operator Oslo Bors VPS, leaving pan-European competitor Euronext as the sole bidder.

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The French government is looking “reasonably favorably” on a proposed merger deal between Italian carmaker Fiat and French peer Renault, said government spokeswoman Sibeth Ndiaye on Monday.

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Asia stocks inched up but remained near four-month lows on Monday amid concerns about U.S.-China tensions while the euro stayed in a narrow range after the weekend’s European Parliament elections.

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Fiat Chrysler has made a “transformative” all-share merger proposal to French rival Renault, the Italian-American carmaker said on Monday, in a deal to create a new third-ranked global manufacturer.

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Italian government will defend national interest in the FCA- Renault merger and might ask for a stake in the new global automaker to match French state holdings, a prominent League ruling party lawmaker said on Monday.

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Fiat Chrysler has made a “transformative merger” proposal to French peer Renault, the Italian carmaker said on Monday, in a deal which would create a world leader and help address some of the weaknesses in both Renault and Fiat.

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Carlos Ghosn’s Paris lawyers François Zimeray and Jessica Finelle said on Monday that they had contacted a United Nations body last week to complain about Ghosn’s treatment.

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Japan’s government said on Monday that high-tech industries will be added to a list of businesses for which foreign ownership of Japanese firms is restricted.

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An Australian law firm filed a class action lawsuit on Monday against five major international investment banks accusing them of colluding to rig foreign exchange rates during 2008-2013 to jack up profits at the expense of businesses and investors.

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