On Monday, in a statement China said it firmly opposes U.S. President Donald Trump’s bill that would remove any Chinese companies from U.S. stock exchanges unless they adhere to U.S. auditing standards. Chinese companies have tapped the lucrative U.S. stock… Read More ›
In a statement Lockheed Martin Corp said, it has agreed to acquire U.S. rocket engine manufacturer Aerojet Rocketdyne Holdings Inc for $4.4 billion, including debt and net cash. The deal marks Lockheed’s biggest acquisition since its CEO Jim Taiclet became… Read More ›
On Monday, the CEO of Italian broadcaster Mediaset stated, it plans on creating a pan-European TV champion regardless of whether it can strike a deal to settle a dispute with its second-largest shareholder Vivendi. “We want to go ahead with… Read More ›
On Thursday, Switzerland’s competition commission (COMCO) stated, it has opened an investigation into Swisscom, a telecoms provider, and ordered the adoption of immediate precautionary measures to allow competitors access to networks during expansion of its optical fiber network. Swisscom is… Read More ›
In a significant development, in an interview, U.S. Trade Representative Robert Lighthizer stated the United States and Europe should agree to be on the same page and collaborate in opposing any future “hurtful” subsidies used by China to build up… Read More ›
On Thursday, in a statement Nokia named Nishant Batra as its chief strategy and technology officer. Batra will also be joining the company’s leadership team from January 18. Batra is currently the CTO at Veoneer, an auto technology group, and… Read More ›
In a statement, U.S. Trade Representative Robert Lighthizer told the BBC that Washington is aiming to seal a mini-trade deal with the U.K. which will see a reduction of trade tariffs. Hopefully, punitive tariffs on Scottish whisky could be lowered… Read More ›
On Wednesday, China’s SMIC, the country’s biggest chipmaker said, it is aware that Mong-song Liang, intends to resign from the board. His role in the company was that of co-chief executive. SMIC is working to verify Liang’s plans to leave… Read More ›
On Wednesday, in a statement oil major BP said, it has acquired a majority stake in Finite Carbon, the largest U.S. carbon offset developer as part of its climate goals; the move will also create a new revenue stream for… Read More ›
On Tuesday, the government of Singapore said, it will open a new segregated travel lane for a limited number of officials, businesses, and high economic value travelers from all countries. The move is part of efforts to revive its key… Read More ›
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