The contract includes providing ground support, supplying spare parts and provide Patriot missiles for a host of countries. The Pentagon has disclosed that Lockheed Martin Corp has won its contract worth $1.45 billion to manufacture Patriot missiles, for spare parts… Read More ›
InvenSense produces gyroscopes for Samsung’s and Apple’s smartphones. The acquisition will expand TDK’s footprint in the sensor technology segment. Japan’s TDK Corp, an electronics part manufacturer, has disclosed that it is all set to acquire U.S chip manufacturer InvenSense Inc.,… Read More ›
This marks AB InBev’s final disinvestment following its acquisition of SABMiller. Subject to regulatory approvals, this deal is set to close by the end of 2017. In a development that underscores AB In-Bev’s push to consolidate its acquisition of SABMiller,… Read More ›
Volkswagen will buyback or fix another 80,000 3.0 litre diesel vehicles in the U.S for which it will spend 1, and up to 105,000 2.0 litre vehicles in Canada. In strategic efforts aimed at putting the emission cheating scandal behind… Read More ›
Blockchain technology set to gain traction with investments from Goldman Sachs, JPMorgan, Barclays, ICAP, Thomson Reuters, etc. According to sources familiar with the deal, JPMorgan Chase & Co, the Goldman Sachs Group Inc. along with a group of other financial… Read More ›
Sabre reacted to the verdict stating that it believes that it has operated “fairly and lawfully.” It will go on appeal. On Tuesday, in a landmark ruling, the American Airlines Group Inc. (AIG) won nearly $15.3 million in an antitrust… Read More ›
European Securities and Markets Authority gives a preview of how British hedge funds and private credit assets could tap EU’s single market bloc after Brexit. Before Brexit negotiations begins, a British hedge fund group has laid out its wishlist, which… Read More ›
DCNS bagged the contract having beaten competition from Germany’s ThyssenKrupp AG and Japan’s Kawasaki Heavy Industries and Mitsubishi Heavy Industries. In a significant development, France and Australia have signed a deal worth $36.3 billion in which French naval contractor will… Read More ›
The U.S. is a major export market for Sweden’s home appliances. Swedish white goods products have registered a 4.8% growth in November, whereas the white goods market in the U.S. have risen by 14.7%. Swedish News Agency, Direkt, has reported… Read More ›
This strategic move aims to tap Indian Prime Minister, Narendra Modi’s ‘Make in India’ incentive which states that foreign retailers will have to manufacture 30% of goods sold in stores locally. Local manufacturing could boost Apple’s market share in the… Read More ›
manageria.biz 