Recent Posts - page 434

• Ericsson’s acquisition of Cradlepoint for $1.1 billion is its biggest in more than a decade

  By admin1 on September 18, 2020 • ( 0 )

  

  On Friday, Swedish telecoms giant Ericsson said, it has agreed to acquire U.S.-based wireless networking company Cradlepoint in a $1.1 billion deal. The deal is Ericsson’s largest acquisition in more than a decade. The acquisition will provide Ericsson access to… Read More ›

• Ford’s top selling pickup truck F-150 to go on sale this November

  By admin1 on September 18, 2020 • ( 0 )

  

  In a statement, Ford Motor Co said, it has commenced production of its new F-150 pickup truck at its Dearborn, Michigan, facility. It expects the F-150 to go on sale this November. The new F-150 launch is “on time and… Read More ›

• Tesla wins court battle against former employee accused of hacking & stealing gigabytes of data

  By admin1 on September 18, 2020 • ( 0 )

  

  According to court documents, electric carmaker Tesla Inc has won its case against a former employee, who was fired for hacking and transferring company data to third parties. In 2018, Tesla had filed a lawsuit against Martin Tripp, a former… Read More ›

• Delta Air Lines reaches tentative deal to trim pilots furloughs

  By admin1 on September 18, 2020 • ( 0 )

  

  According to an internal memo from Delta Air Lines, it has reached a tentative agreement with the negotiating committee of its pilots’ union to reduce the number of furloughs by 220, bringing the total number of furloughs to 1,721. The… Read More ›

• EU’s climate plan will see carbon prices double by 2030

  By admin1 on September 18, 2020 • ( 0 )

  

  Going by an analysis of a model created by the European Commission, carbon costs for Europe’s businesses is likely to double this decade under EU plans to deliver steep emissions cuts by 2030. On Thursday, the European Commission laid out… Read More ›

• U.S.-China investment slides to 9-year low

  By admin1 on September 17, 2020 • ( 0 )

  

  According to a research report, investment flows between the United States and China touched its nine-year nadir during the first half of 2020 due to increasing Chinese belligerence-induced tensions which could see more Chinese companies come under U.S. pressure to… Read More ›

• Goldman Sach Group appoints new chief operating officer: internal memo

  By admin1 on September 17, 2020 • ( 0 )

  

  According to an internal memo from Goldman Sachs Group, Barry O’Brien has been promoted as its joint chief operating officer for its global tech, telecom and media investment (TMT) banking team. Before this promotion he was the co-head of Goldman… Read More ›

• LG Chem’s battery unit’s stock market debut in the offing

  By admin1 on September 17, 2020 • ( 0 )

  

  On Thursday, South Korea’s LG Chem said, it plans on making its battery business as a separate business entity. The company supplies electric car batteries to Tesla Inc and General Motors. By separating its battery making business, which will be… Read More ›

• Thomas Cook’s Chinese Owners Re-Launch The Brand As Online Only Travel Operator

  By admin2 on September 16, 2020 • ( 0 )

  

  After being shut down for about a year, the iconic travel operator Thomas Cook is back but with a different business model. On Wednesday, the British tour operator re-launched as an online-only venture. One year ago, the company collapsed and… Read More ›

• Amid US Tensions, Biggest Chinese Tech Firms Flock To Singapore

  By admin2 on September 16, 2020 • ( 0 )

  

  With increasing bilateral tensions between the United States and China, the biggest tech companies from China are expanding their operations in Singapore.   It has been reported that their presence in the city state is being increased by Tencent and… Read More ›

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