About $1.9 billion in investments is to be made into a Chinese truck hailing service platform Manbang by Alphabet Inc’s venture capital fund CapitalG, Japan’s Softbank Group and others. This was announced by the Chinese company in a statement on… Read More ›
After TSCM, one of the largest chip suppliers for Apple’s iPhones brought down its target for the complete year at the end of last week, another supplier for the iPhone maker AMS.AG cautioned investors on possible negative operating margins which… Read More ›
While China has been loquacious about economic reforms and opening up its domestic sector to foreign players, its actions on the ground reflect broken contracts and non-compliance of WTO rules. On Tuesday, the U.S. consul general of Macau and Hong… Read More ›
With this order, its order total has touched 135 planes from Boeing. On Tuesday, Irish low-cost air carrier Ryanair stated, it has agreed to purchase an additional 25 Boeing 737 MAX planes worth $3 billion at list prices. As a… Read More ›
The strategic divestiture is aimed at increasing its focus on its consumer business. On Tuesday, Whirlpool Corp, a U.S. home appliance maker, disclosed it has agreed to divest its Embraco compressor business to Japan’s Nidec Corp for $1.08 billion. The… Read More ›
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