Author Archives
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Fiat Chrysler China to recall 60K SUVs over ABS issue
China’s car safety watchdog AQSIQ has said that 60K SUVs are to recalled for ABS malfunction. As per a statement by China’s car regulator, Fiat Chrysler Automobiles NV’s China unit is all set to recall around 60,000 sport-utility vehicles in… Read More ›
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Orange and Bouygues boards meet independently for merger talks
Ahead of their scheduled merger, the board of directors of the French telecom giants meet independently to iron out any burrs and regulatory requirements that may act as a hindrance to the deal. Two anonymous sources who are knowledgeable of… Read More ›
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SunEdison at heightened risk of bankruptcy
Its aggressive acquisition strategy has saddled it with a whopping $11 billion in debt. However, since TerraForm Global Inc and TerraForm Power Inc, its sibblings, are yieldcos, with separate legal identities, they need not follow SunEdison if it were to… Read More ›
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Preliminary bids for Yahoo’s core assets set to close by April 11
As per the WSJ with April 11 set as a deadline for the preliminary bids, Yahoo is likely to finalise the deal by June or July this year. Citing sources, the Wall Street Journal has reported that Yahoo Inc has… Read More ›
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SideChef trying to create a smart kitchen standard for devices
With a common protocol, SideChef hopes to bring the smart in smart kitchen devices. Although there are many smart cooking devices that will help you master your favourite dish, the problem is all of these smart cooking devices are… Read More ›