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 ›
pressure
Greenland picks Denmark for airport projects over U.S. and China
Greenland aims to expand its airports so as to cater to direct flights between Europe and North America. Incidentally, the decision has a strategic angle attached to it as well. Greenland has picked Denmark as a partner for its… Read More ›
ZTE has signed documents to lift U.S. 7-year ban: sources
The preliminary agreement which ZTE has purportedly signed is likely to face significant headwinds in the U.S. Congress since the Chinese firm has been labeled as a threat to U.S. national security. Overcoming that is likely to be a Himalayan… Read More ›
Midst Elliot Management pressure Hyundai Motor cancels treasury shares worth $890 million
The measure is part of a wider scheme to boost shartholder’s returns. On Friday, in a development that marks its first share cancellation in fourteen years, Hyundai Motor stated it plans on canceling treasury shares worth $890 million (960 billion… Read More ›
Samsung Electronics appoints Roh Hee-chan as its CFO
Roh appointment forms part of a larger series of top appointments at Samsung Electronics which has resulted in newer younger generation coming to the helm in one of Asia’s biggest conglomerate. On Thursday, Samsung Electronics Co Ltd decided to name… Read More ›