GE’s contract relates to the country’s Hinkley Point nuclear power plant. In what is likely to be a fallout of Britain’s decision to leave the European Union, the country has now awarded General Electric Co a contract worth $1.9 billion… Read More ›
HR & Organization
VW is unlikely to sell any diesel vehicles in the U.S. anymore
Regardless of the outcome of its talks with the U.S. EPA, resumption of the sale of its diesel models in the U.S. is likely to be a non-starter. In the wake of VW’s diesel emission scandal, the embattled company has… Read More ›
Federal Prosecutors to investigate Well Fargo’s sales practices
This new investigation by Federal prosecutors come in the wake Wells Fargo settling a probe with $190 million wherein it has neither acknowledged nor denied any act of wrong doing. As per a source who is familiar with the matter… Read More ›
Apple reports that the iPhone 7 Plus has been sold out
Consumers who are set to crowd Apple’s brick-and-mortar store should note that they can continue to place orders for iPhones online rather than throng the stores who will not have the phones for sale since they have been sold out…. Read More ›
3 Hanjin ships sold for $39 million
Overcapacity and the uncertainty surrounding its future increase the possibility of more of its ships being sold. Three chartered ships have already among the dozen ships belonging to Hanjin Shipping Co Ltd, which are expected to be put up for… Read More ›
Bayer’s supervisory board to review Monsanto deal today
If the deal goes through, it could create a superpower of a company will can control the world’s food supply. According to sources familiar with the matter at hand, Monsanto’s board is likely to weigh-in on Bayer AG’s $65 billion… Read More ›
Jaguar Land Rover picks Takenaka & Vces as partners for its Slovak factory
JLR’s investment is stated to be the country’s biggest ever foreign direct investment in its history. Jaguar Land Rover (JLR) has disclosed that it has picked Vces and Takenaka, a a Czech and a Japanese company respectively, as subcontractors for… Read More ›
Samsung to stop showing Galaxy Note 7 ads in South Korea by the end of this week
With Apple’s iPhone 7 out, the opportunity cost in lost sales is massive for Samsung. Unless its engineers can fix the root of its fire-catching issue, the stopping of ads is likely to spill to other regions too. According to… Read More ›
World’s 3rd Biggest chipmaker set to acquire Intersil Corp for $3.2 billion
This acquisition by Renesas Electronic Corp will result in the diversification of its portfolio and could see its sales chart boom due to the intensifying usage of electronic components in the auto industry. Midst a rising wave of consolidation taking… Read More ›
Hanjin Group’s chairman transfers $36 million to Hanjin Shipping
Hanjin Shipping’s cargo hangs in the balance as it desperately tries to secure additional funds. According to a spokesman of the Hanjin Group, its chairman has transferred $36 million (40 billion won) to Hanjin Shipping today so as to help… Read More ›
manageria.biz 