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 ›
Month: November 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 ›
China’s Exports Drop Less Than Expected Amid Hopes Of A Partial Deal With US
Even as China is attempting to finalize a partial trade deal with the United States, some relief came for Beijing because the contraction of the exports and imports of the country for the month of October was less than expected… Read More ›
EU Chief Says No Tariffs On European Cars Will Be Imposed By Trump
No announcement of tariffs on import of European cars into the United States will be announced by Washington next week. This was said by the outgoing president of the European Commission Jean-Claude Juncker. A decision about whether to implement new… Read More ›
EasyJet And Jet2 Buys Out All Airport Slots Of Thomas Cook
All of the take-off and landing slots in te airports in the United Kingdom that were earlier owned by the now collapsed travel company Thomas Cook has been bought out by EasyJet and Jet2.com. The UK government’s liquidation service said… Read More ›
New Sparkling Water Brand Unveiled By Coke, First Brand In Over A Decade
A new brand in over a decade’s time was unveiled by the one of the largest soft drink companies in the world Coca Cola on Thursday – a line of new sparkling water. The new line of water called AHA… Read More ›
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