In a statement U.S. House and Senate leaders stated, lawmakers will try to reach a final agreement on a bill aimed at boosting the competitiveness of U.S. technology vis-à-vis China’s semiconductor manufacturing. Senate Democratic Majority Leader Chuck Schumer had sought… Read More ›
competitiveness
French tire maker Michelin to restructure business without laying off workers
On Wednesday, in a statement French tire maker Michelin stated it plans on reducing its workforce by up to 2,300 jobs over the a period of three years as part of a restructuring process that is aimed at simplifying and… Read More ›
Siemens-Alstom merger will add competitiveness to the European rail industry
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 ›
Japan’s Taiyo Nippon Sanso Corp to buy Praxair Inc’s European businesses for $5.9 billion
The purchase is contingent on the planned Praxair-Linde deal going through which is subject to regulatory approval. On Thursday, Japan’s Taiyo Nippon Sanso Corp disclosed that it had agreed to acquire some of Praxair Inc’s European businesses for $5.9 billion… Read More ›