SoftBank Group Corp is set to sell a portion of its stake in U.S. wireless carrier T-Mobile US Inc at US$103 per share to raise US$13.76 billion, a person familiar with the matter said on Tuesday.
WASHINGTON, DC: The US tech sector is likely to be hit hard by President Donald Trump's decision to extend a freeze on most immigrant visas, with critics saying the move could undermine American innovation and leadership. Trump this week said he would extend the ban through the end of...
WOLFSBURG,Germany: Volkswagen AG is in talks to acquire car French rental firm Europcar Mobility Group SA , in a deal that would allow the German car maker to better capitalize on its fleet, people familiar with the matter said on Tuesday (Jun 23). The acquisition would come as Europcar...
Volkswagen AG is in talks to acquire car French rental firm Europcar Mobility Group SA , in a deal that would allow the German car maker to better capitalize on its fleet, people familiar with the matter said on Tuesday.
China has not delivered on its 2013 reforms promises, but COVID-19 has now pushed it into a corner, former Australian prime minister Kevin Rudd says.
French unions and a regional body slammed a decision by Airbus to cancel plans to bring some engine work in-house on Tuesday, saying it would cost 350 French jobs.
SEATTLE: Shares in Spirit AeroSystems Holdings Inc tumbled 13 per cent on Tuesday (Jun 23) after the key Boeing Co supplier warned it was seeking relief from its lenders due to Boeing's move to reduce parts shipments substantially this year. As Spirit grapples with fallout over Boeing's 737 MAX...
NEW YORK: The Nasdaq jumped to another record on Tuesday (Jun 23) as investors embraced improving economic data and shrugged off large coronavirus case increases in many parts of the United States. The tech-rich Nasdaq Composite Index finished up 0.74 per cent at 10,131.37 as it notched its second ......
Dell Technologies Inc is considering spinning off its roughly US$50 billion stake in cloud computing software maker VMware Inc , the Wall Street Journal reported on Tuesday.
U.S. Justice Department officials and some state attorneys general are set to meet on Friday to discuss ongoing antitrust probes into Alphabet Inc's Google unit , a person briefed on the matter said.
