France demands the preservation of its “industrial jobs and sites” in the Renault-FCA merger. In return of France’s support towards the merger of auto-manufacturers, Renault and Fiat Chrysler, the country would seek “local jobs and other guarantees”, revealed French Finance Minister, whereby...

There were jitters across the tech industry of the world following reports originating from the capital markets in Hong Kong where in it is being touted that another round of fund raising of about $20 billion would be done by China’s Alibaba - one of the largest tech companies of the world, through...

Huawei’s membership to the non-profit organizations SD Association and the Wi-Fi Alliance has been restricted. In the first case, this means that the Chinese company will not be able to equip smartphones with SD slots. Fortunately, restrictions in the Wi-Fi Alliance do not imply a ban on...

More and more auto manufacturing companies are being pushed into consolidation deals. Fiat Chrysler brings a “transformative” proposal to its rival Renault, which involves an “all-share merger”. The news was announced by the Italian-American auto manufacturer on Monday, May 27, 2019. This step...

The component manufacturer has supplied millions of sensors with unauthorized software to various automakers. Bosch refused to challenge the court’s decision and will transfer the money within a month and a half. Bosch will also pay a large fine within the diesel scandal after the Volkswagen, Audi...

The aim of state owned Saudi Aramco to become a major player in the growing international gas market, it would be purchasing liquefied natural gas from San Diego, United States-based utility Sempra Energy. An agreement to the effect was recently signed between Sempra LNG and Aramco Services...

The launch of the new Honor smartphones by the embattled Chinese tech giant Huawei apparently set aside all uncertainties over the future of its devices business as the company confidently displayed its technological development and prowess in smartphones.   Google’s Android platform is used...

Creating new campus and jobs have become widespread in the U.S. market. The largest retailer of the world, Walmart Inc is also the biggest employer in the private sector, which has disclosed its plans to construct “a new corporate campus”. This move comes in the footsteps of its rivals like...

Air China, China Southern and China Eastern airlines require Boeing to pay for losses occurred because of 737 MAX 8 aircraft and transfer of ordered aircraft of this series. According to Chinese state-owned media China Southern Airlines, China Eastern Airlines and Air China will seek payments from...