The sale of its luxury brand, Mercedes-Benz, has been the engine for its spectacular performance. Daimler Financial Services, Daimler’s finance arm, has stated it is heading for another record year having signed nearly one million new leasing and finance… Read More ›
Despite the U.S. wireless market being saturated, Sprint is making headway through sweetened price points and better connectivity. According to sources familiar with the matter at hand, Sprint Corp’s proposed merger with Charter Communications Inc has yet to come to… Read More ›
As it pushes to surge ahead leaving dieselgate behind, Audi is streamlining its operations through a cost cutting program. As per sources close to Audi, the carmaker is aiming to cut $12 billion (10 billion euros) as cost cutting measures,… Read More ›
Japanese Prime Minister Shinzo Abe said that North Korea test fired a missile that may have landed within 230 miles of Japan’s coast. Japan’s public broadcaster, NHK, said, citing government officials that the missile was fired shortly before midnight Japan time on… Read More ›
A nationwide vote set for Sunday could send Venezuela over the edge even as the country is already having a major meltdown, believes a top commodities strategist. As a state if President Nicolas Maduro moves forward with the vote to form… Read More ›
According to research published Thursday, luring men working in industries strategically important to Tehran’s regional adversaries, hackers believed to be working for the Iranian government have impersonated a young female photographer on social media for more than a year. Researchers… Read More ›
Banks in one of the world’s financial capitals are seeing a bright spot emerge – a booming property market, after battling stresses from a floundering oil and gas sector over the past year. Recent data indicated that demand for loans… Read More ›
Volkswagen AG will be spending $2 billion, across 10 years, to advance the development of electric vehicles in the country, as part of its settlement plans. The California Air Resources Board has unanimously voted to approve the 30 month plan… Read More ›
Finding debt financing for 18 months was the Achilles heels of the deal. If the deal would have gone through, it would have created history. According to sources familiar with the matter at hand, BMC Software Inc, a private equity-owned… Read More ›
As corporate executives caught in a waiting game for their shiny new planes, there are new challenges for the business jet market just when it looked like the market was ready for a take off. It’s been taking longer to… Read More ›
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