Alphabet unit Google's bid to take on Apple and Samsung in the wearable technology market by buying Fitbit hit a hurdle on Tuesday as EU antitrust regulators launched an investigation into the US$2.1 billion deal.
Ford Motor Co said on Tuesday acting chief operating officer Jim Farley will take over as chief executive officer effective Oct. 1.
Ford Motor Co said on Tuesday acting chief operating officer Jim Farley will take over as chief executive officer effective Oct. 1.
Typically a boon for emerging markets, this year's plunge in the U.S. dollar may fail to boost the developing world's prospects as the raging pandemic hits economic activity, increases poverty and exposes weak policymaking.
EU antitrust regulators opened on Tuesday a four-month long investigation into Alphabet unit Google's US$2.1 billion bid for fitness tracker maker Fitbit , saying the deal would further entrench the company's clout in the online advertising markets.
Indian content-sharing platform ShareChat is in early-stage talks with U.S.-based Sequoia Capital and some other investors to raise up to US$200 million, which could value the company at over US$1 billion, three sources aware of the matter told Reuters.
Europe's air safety watchdog has no firm date for Boeing's grounded 737 MAX to resume flights, it said on Tuesday, adding that the U.S. planemaker had some more work to do before a 17-month-old safety ban could be lifted in Europe.
Airplane parts maker Spirit AeroSystems Holdings Inc reported a loss for the second straight quarter on Tuesday, as its main customers Boeing Co and Airbus SE further cut production due to the COVID-19 pandemic.
Britain's competition regulator on Tuesday cleared Amazon's purchase of a 16per cent stake in online delivery group Deliveroo, following a provisional nod in June.
U.S. stock futures pulled back on Tuesday as President Donald Trump's moves to force China-owned TikTok into a sale of its U.S. operations drew a sharp rebuke from Beijing, ratcheting up tensions as the world slides into a pandemic-fuelled recession.
