Japan’s Renesas Electronics Corp said it had agreed to buy Integrated Device Technology Inc (IDT) for $6.7 billion, its second major acquisition as it deepens its push into semiconductors for self-driving cars.
Chinese airlines will buy 7,690 new planes worth $1.2 trillion (921.3 billion pounds) over the next two decades to keep pace with booming consumer and business demand for air travel, Boeing Co (BA.N) said on Tuesday, raising a previous forecast. “The growth in China can be attributed to the country’s growing middle class, which has more than tripled in the last 10 years and is expected to double again in the next 10,” said Randy Tinseth, Boeing Commercial Airplanes’ vice president of marketing, in a statement. Boeing and its European rival Airbus (AIR.PA) have been jostling to increase …read more […]
Oil services group CGG , which has been emerging from a debt restructuring plan, said it would delist its U.S. securities as the company felt the New York Stock Exchange listing was too expensive.
Mondelez International Inc , the owner of Cadbury brand, is stockpiling ingredients, chocolates and biscuits in case of a no-deal Brexit, the Times reported https://bit.ly/2MjCYjJ on Tuesday, citing president of Mondelez’s European division.
Japanese firms dealing with Russia were experiencing little impact from U.S. sanctions on Moscow, but it was possible that they may also be sanctioned by the United States, the managing executive officer of Sumitomo Corporation said on Tuesday.
Chinese airlines will buy 7,690 new planes worth $1.2 trillion over the next two decades to keep pace with booming consumer and business demand for air travel, Boeing Co said on Tuesday, raising a previous forecast.
Chinese airlines are likely to buy 7,690 planes worth $1.2 trillion over the next 20 years, Boeing Co said on Tuesday.
Asian shares were struggling to avoid a ninth straight session of losses on Tuesday as the spectre of a Sino-U.S. trade war haunted investors, while the pound perched near a five-week top on hints a Brexit deal might be nearer.
Billionaire Carlos Slim’s America Movil and Mexico’s state oil firm have become embroiled in a public fight over a government contract after the telecommunications giant filed complaints and a legal challenge, saying it unfairly lost the bid.
Japanese chipmaker Renesas Electronics Corp said on Tuesday it had agreed to buy U.S. peer Integrated Device Technology Inc for about $6.7 billion, aiming to boost its expertise in self-driving car technologies.
Japanese chipmaker Renesas Electronics Corp said on Tuesday it had agreed to buy U.S. peer Integrated Device Technology Inc for about $6.7 billion, as it aims to compete with Nvidia and Intel Corp in self-driving car technologies.
Asian shares were struggling to snap an eight-session losing streak on Tuesday as investors decided no news was good news on tariffs, while the pound touched a five-week top on hints a Brexit deal might be nearer.
Apple has a new lower cost laptop in the works that will have a fingerprint sensor but not the company’s widely panned touch-sensitive Touch Bar, according to a new research note from a widely respected and usually reliable financial analyst. The new model would seem to fill a longstanding demand by Apple fans for a relatively inexpensive Mac laptop, but one that comes without the Touch Bar. …read more […]
“Push the steel mills out of the city center and turn it into a modern, habitable place to live in,” reads a banner hung across the boarded-up offices of Guofeng Iron and Steel Co in the center of Tangshan, China’s top steelmaking city.
After a tense week, where Nike lost $4.2 billion from its market capitalization after releasing a new ad campaign featuring the controversial football quarterback-turned-activist Colin Kaepernick, the company’s share price has mostly recovered. Adidas giving me a voice and Nike giving Colin voice on a big business level makes the world a more advanced place. “I stand for giving everyone a voice,” he tweeted after market close today, referencing his own collaboration with Nike rival Adidas, which he designs top-of-the-line, limited-run Yeezy sneakers for. …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
