In July 2018 during sample test checking, Nissan found various instances wherein fuel economy and emission testing did not match those set by Japan for domestic standard. A recall of the affected cars is likely. On Thursday, Japanese daily Nikkei… Read More ›
The court concluded that the Co-operative had misrepresented milk prices to milk suppliers causing them a loss. On Thursday, Australia’s competition regulator stated, the Federal Court of Australia has imposed penalties of $145,000 (A$200,000) against Gary Helou, a former managing… Read More ›
The arrest and the subsequent extradition to the United States is one of several headwinds facing Huawei. Countries across the world are taking steps to bar the usage of Huawei’s equipment from their core existing and future mobile operations. In… Read More ›
Following the takeover Takada will join the ranks of the world’s top 10 drugmakers and will gain expertise in rare diseases, at the cost of a mountain-load of debt. On Wednesday, shareholders of Takeda Pharmaceutical approved the $59 billion takeover… Read More ›
The fund targets manufacturing, electric vehicles, farming practices, and energy-efficient commercial buildings. On Wednesday, New Zealand’s Prime Minister Jacinda Ardern announced the creation of a $69.28 million (NZ$100 million) green investment fund that is aimed at boosting private-sector participation so… Read More ›
Mark Lyons replaces Sid Sankaran who joined AIG in 2010. Sankaran will remain at AIG as an adviser through the year-end reporting process for fiscal year 2018. The American International Group Inc (AIG) stated, Mark Lyons will replace Sid Sankaran… Read More ›
China Development Bank Financial Leasing Co is the leasing arm of China Development Bank (CDB), HNA’s largest creditor. In a corporate filing, China Development Bank Financial Leasing Co, the aviation leasing arm of China Development Bank stated, it will finance… Read More ›
Tesla will use its Gigafactories in Nevada, U.S. and that in China to produce Model Ys. Producing locally to serve domestic consumers will significantly mitigate risks of import tariffs imposed by the United States and China in their trade wars…. Read More ›
The move mirrors the strategic shift in the fossil fuel industry from dirty polluting crude to liquefied natural gas. On Monday, Qatar’s energy minister Saad al-Kaabi stated, Qatar will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) from… Read More ›
A formal announcement is likely to be announced later today. According to sources familiar with the matter at hand, Nexstar Media Group Inc has reached an agreement to acquire Tribune Media Co for around $4.1 billion. Once the deal comes… Read More ›
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