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Fiat Chrysler in talks over ties with Renault: source
Italian carmaker Fiat Chrysler Automobiles NV is in talks to form ties with Renault SA, a person familiar with the matter said on Saturday.
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Jet Airways founder Naresh Goyal and wife stopped from leaving India – airport official
Indian carrier Jet Airways (India) Ltd founder Naresh Goyal and his wife Anita Goyal were stopped from leaving India on Saturday at Mumbai airport, according to an airport official who asked not to be named.
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Fiat Chrysler in talks to forge extensive ties with Renault: Financial Times
Fiat Chrysler is in advanced discussions to forge extensive ties with Frances’s Renault, the Financial Times reported on Saturday, citing multiple people informed on the talks.
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China says U.S. demand on its state-owned enterprises is ‘invasion’ on economic sovereignty
The United States has called on China to curb the development of its state-owned enterprises (SOEs), a demand that China sees as an “invasion” on its economic sovereignty, Chinese state news agency Xinhua said on Saturday.
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Investing Lessons From Granddad’s Old Truck
A good story separates the lasting brands from the failures. It can elevate a product into a cultural icon.
Believe it or not, the best example of a powerful brand is a humble work truck.
Ford’s F-Series trucks have been around since 1948. Since then, they’ve become the best-selling vehicles in America. Of the 2.4 million full-size trucks sold last year, almost 1 million were F-Series, generating $41 billion in revenue for Ford Motor Company (NYSE: F). According to Morgan Stanley, the F-Series could be worth more than Ford itself.
So what’s so special about the F-Series?
The answer is in its story. It’s …read more […]
Business News
Brazil’s Caixa picks Morgan Stanley as co-advisor on insurance deals: source
Brazilian state lender Caixa Economica Federal has picked investment bank Morgan Stanley as co-advisor to help it find insurance partners, a source with knowledge of the matter said.
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Nike to waive performance targets for pregnant athletes: report
Sportswear giant Nike will waive performance-based targets for 12 months for any of their pregnant athletes after several runners revealed they had their payments frozen, according to a New York Times report on Friday.
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VW to intensify talks with Northvolt on battery project: Boersen-Zeitung
Volkswagen is intensifying talks with Swedish startup Northvolt on plans to jointly build up battery cell production in Salzgitter, near its headquarters in Lower Saxony, one of its board members told a German newspaper.
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Wall Street Weekahead: Trade protection doesn’t have to exclude growth stocks
The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don’t need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China.
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Amazon facial recognition ban won just 2% of shareholder vote
Amazon.com Inc shareholders overwhelmingly rejected a proposal that the company stop selling facial recognition technology to government agencies, while a resolution to audit the service drew more support, a regulatory filing on Friday showed.
Business News
Musk’s SpaceX raised over $1 billion in six months: filings
Billionaire entrepreneur Elon Musk’s SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space.
Business News
Wall St. edges higher after Trump sparks U.S.-China trade hopes
Wall Street’s major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors.
Business News
Wall St. ekes out gains on U.S.-China trade hopes
Wall Street’s major indexes edged higher on Friday in a rebound from the previous session’s losses after hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors.
Business News
Global stocks climb on muted trade hopes, dollar slips
World equity markets rebounded on Friday from the previous day’s sharp fall, boosted after U.S. President Donald Trump said complaints against China’s Huawei Technologies might be resolved within the framework of a Sino-U.S. trade deal.
Business News
Oil rises more than 1% but sets biggest weekly loss of 2019
Oil prices climbed more than 1% on Friday ahead of long U.S. and UK holiday weekends, but posted the biggest weekly drop of the year, pressured by rising inventories and worries about the global economy.