An European industrial giant in Europe bodes well for the bloc. On Monday, Sibeth Ndiaye, a spokeswoman for the French government stated, the government is looking “reasonably favorably” on a proposed merger deal between Italian carmaker Fiat and France’s Renault…. Read More ›
The Peugeot carmaker has shown a willingness for others to join its bid for acquiring JLR. In a significant development, the PSA Group stated, it is ready to consider a potential tie-up for acquiring UK-based Jaguar Land Rover (JLR) from… Read More ›
The 30% hike is reflective of Tidjane Thiam’s stewardship of the bank and was contingent on meeting a number of targets. On Friday, Credit Suisse’s annual report showed, that it has awarded its Chief Executive Tidjane Thiam a compensation of… Read More ›
Countries are waking up to the serious threats posed on over-reliance on Chineese goods and its ramifications on their supply chains. In a significant development French President Emmanuel Macron disclosed, France will invest $790 million (700 million euros) over the… Read More ›
The SPV underscores the EU’s intent to stick to the 2015 Iran nuclear deal. At the onset, this alternative clearing house will focus on food, aid and humanitarian needs rather than on trade. On Thursday, in a significant development, two… 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 ›
With Airbus already having an edge in the single-aisle long range market, the potential launch of an even longer range jet is likely to result in significantly upping the pressure on its competitor Boeing Co. Guillaume Faury, the incoming chief… Read More ›
Airbus is scheduled to make the deliveries between March 2019 through December 2026. On Monday, Kuwait Airways stated it has signed an agreement with Airbus to purchase eight A330-800neo airliners. The deal comes in the wake of five months of… Read More ›
Singapore-based BOC Aviation is Asia’s second biggest aircraft lessor. It expects deliveries of these aircrafts in 2020 & 2021. On Monday, BOC Aviation Ltd stated it would purchase 17 new Airbus A320NEO and A321NEO jets, at a combined value of… Read More ›
Market sentiments are likely to be choppy ahead of July 6 – the date on which the United States is set to impose additional tariffs on Chinese goods worth $34 billion. Following China banning the sale of Micron Technology’s chip… Read More ›
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