Mitsubishi’s latest generation of gas turbines churn out the maximum amount of electricity per unit of fuel burned. As per sources familiar with the matter at hand, in 2018 General Electric Co managed to book the most orders for electricity-generating… Read More ›
Despite getting the backing of the German and the French government, the deal hangs in the balance on concerns from anti-trust regulators that it could stifle competition in the rail sector. As per sources familiar with the matter at hand,… Read More ›
China’s decision to grant approval to DowDuPont Inc’s Enlist E3 soy seeds is likely to lead to U.S. farmers opting for Enlist S3 rather than Monsanto’s Roundup Ready line of seeds since China, can easily reject shipments of unapproved varieties…. Read More ›
With the entry of Europe’s largest carmaker in the United States, the electric vehicle segment in the country is set to heat up. In a strategic development, Scott Keogh, the newly appointed CEO of Volkswagen Group of America stated, Volkswagen… Read More ›
The price cut comes midst political headwinds and issues stemming from new competition and corporate governance. With Berenberg cut its price target on Telecom Italia (TIM), citing headwinds stemming from governance issues and new competition, TIM’s share prices fell more… Read More ›
Starbucks is hoping the cost synergies in its deal with Nestle will enable it to mitigate the pressures of fighting waves of small boutique coffee stores in the U.S. and China. Feeling the pressure in its home market, Starbucks Corp… Read More ›
Uber is in the midst of preparing for its IPO in 2019. It is facing strong competition in the U.S. and in Europe. On Monday, the head of Australia’s antitrust regulator stated it will scrutinize contracts signed between Uber Technologies… Read More ›
Airlines for America (A4A) has forecast nearly a doubling of passengers carried by U.S. airlines this spring. According to a forecast by a U.S. airlines industry trade group, starting this spring the sector is set to carry an all-time high… Read More ›
Analysts have reiterated that Aviva’s bullish goals are within reach and achievable. On Thursday, with British insurer Aviva stating, it expects to generate an extra $4.04 billion (3 billion pounds) in cash over the next 2 years and plans on… Read More ›
Its new business model involves the company in decision making capacptity throughout the oilfield management supply chain, thus sparking interest in its rivals who are wondering whether to follow suit. In a significant development, Schlumberger NV, the world’s largest oilfield… Read More ›
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