Forbes China Rich List was topped by the founder of Alibaba Group – Jack Ma, fcor the second year in a row for 2019. There was a increase in the personal wealth in 2019 from $34.6 billion in 2018 to… Read More ›
Day: November 9, 2019
Cost overruns raises cost of 6 nuclear power plants in France to 46 billion euros
On Saturday, French newspaper Le Monde stated, according to an estimate by EDF, a power utility, it would cost at least $51 billion (46 billion euros) to build six of its latest generation EPR nuclear reactors, if the French government… Read More ›
Cardinal Health 200 LLC wins $2.25 billion defense contract
According to a statement from the Pentagon, Cardinal Health 200 LLC, a unit of Cardinal Health Inc, has been awarded a maximum $2.25 billion modification for a contract with the Defense Logistics Agency for ordering and distribution of medical surgical… Read More ›
Volkswagen new energy vehicle plant in Shanghai to begin production in 2020
In a statement Volkswagen’s CEO Herbert Diess disclosed production at Volkswagen’s and SAIC Motor Corp’s $2.5 billion new energy vehicle plant in Shanghai has commenced. He made these comments to reporters while taking a tour of the plant. In a… Read More ›
General Dynamics Corp wins $732 million U.S. defense contract
According to a statement from the Pentagon, General Dynamics Corp has been awarded a $732 million U.S. defense contract for sustainment of the Mobile User Objective System ground system, which is a narrowband military satellite communications system.
Carl Icahn sells a third of his shares in Occidental Petroleum
In an open letter letter to shareholders, activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp’s $38 billion acquisition of Anadarko Petroleum, disclosed, he has cut his holdings in the company by nearly a… Read More ›
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