Business & Finance News
China’s Geely is building a new plant to produce a quarter of a million bigger-sized cars that will help meet a goal of selling more than 2 million vehicles by 2020 and power its growth, two people familiar with the matter said.
Deutsche Bank has no plans to give up its global presence, Chief Executive Christian Sewing told a banking conference on Wednesday.
A government panel has recommended that Johnson & Johnson (J&J) pay compensation of at least $28,500 to each Indian patient who suffered from artificial hip implants the U.S. healthcare firm recalled eight years ago.
India’s Mahindra and Mahindra Ltd said https://www.bseindia.com/xml-data/corpfiling/AttachLive/800ebaaf-5929-446f-ad69-10fe2987f461.pdf on Wednesday Fiat Chrysler Automobiles U.S. LLC filed a patent violation complaint with the U.S. International Trade Commission against the company.
Furniture retailer IKEA will shut three city center stores in Norway as part of a drive to cut costs amid declining profits, the company said in a statement on Wednesday.
Asian shares crept marginally higher on Wednesday as optimism over the U.S.-Mexico trade deal was quickly clouded by caution ahead of a looming deadline on tariffs with China.
India’s Mahindra and Mahindra Ltd said https://www.bseindia.com/xml-data/corpfiling/AttachLive/800ebaaf-5929-446f-ad69-10fe2987f461.pdf on Wednesday Fiat Chrysler Automobiles U.S. LLC filed a complaint with the U.S. International Trade Commission against the company, alleging some patent violations.
Fast-food chain operator Yum China Holdings Inc has rejected a $17.6 billion buyout offer from a consortium led by Chinese investment firm Hillhouse Capital Group, quashing what would have been one of Asia’s biggest deals this year, a person with direct knowledge of the matter said.
The family that controls Campbell Soup Co looks to be on a collision course this week with new hedge fund investors pushing for the company to sell itself, heralding a potential proxy fight industry analysts have labeled the “fight of the fall.”
Fast-food chain operator Yum China Holdings Inc has rejected a $17.6 billion buyout offer from a consortium led by Chinese investment firm Hillhouse Capital Group, quashing what would have been one of Asia’s biggest deals this year, a person with direct knowledge of the matter said.
Asian shares crept marginally higher on Wednesday as optimism over the U.S.-Mexico trade deal was quickly clouded by caution ahead of a looming deadline on tariffs with China.
Canada’s top trade negotiator praised Mexico’s trade concessions on autos and labor rights on Tuesday as she rejoined NAFTA talks, while U.S. lawmakers warned that a bilateral U.S.-Mexico trade deal would struggle to win approval in Congress.
Asian share markets were left in limbo on Wednesday as optimism over the U.S.-Mexico trade deal was quickly replaced by caution ahead of a looming deadline on tariffs with China.
Britain’s O2 said it will allow customers to choose how much they pay upfront for a smartphone and how they spread the payments of the balance, targeting subscribers who want more control over their mobile contracts.
A proposed U.S.-Mexico trade deal would allow President Donald Trump to impose punitive tariffs of up to 25 percent on imports of Mexican-made cars, sport utility vehicles and auto parts above certain volumes, auto executives and sources said on Tuesday.
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