Billed as a merger of equals, PSA's US$50 billion tie-up with Fiat Chrysler (FCA) gives the Peugeot owner one potentially big advantage, its own boss will be firmly behind the new wheel.
Unicorns like Uber, Lyft and Slack may have had disappointing IPOs, but U.S. venture capital firms gave birth to a record number of unicorns in 2019.
Daimler AG's Mercedes-Benz USA has agreed to a US$20 million civil penalty over its handling of U.S. vehicle recalls after a year-long U.S. government investigation into 1.4 million recalled vehicles.
Daimler AG's Mercedes-Benz USA has agreed to a US$20 million civil penalty over its handling of U.S. vehicle recalls, according to a government document seen by Reuters.
International Business Machines Corp on Wednesday said it has come up with a new battery technology that uses materials extracted from seawater and requires no cobalt, as the race to find alternative sources to the expensive mineral intensifies.
Shares of FedEx Corp fell nearly 10per cent on Wednesday after the world's largest packaging company cut its 2020 profit forecast for the second time as it spends heavily to expand its online delivery business and battles slowing global trade.
Canada's SNC-Lavalin Group will plead guilty to a fraud charge related to projects in Libya after an agreement with prosecutors, La Presse reported on Wednesday, in a case that engulfed Prime Minister Justin Trudeau’s government in crisis this year.
Fiat Chrysler and Peugeot maker PSA have struck a binding deal to create the world's fourth biggest carmaker, and now face the challenge of winning over regulators and delivering on a pledge to slash costs without closing factories.
WASHINGTON: Amazon, Apple and Google announced plans Wednesday (Dec 18) to develop a common technology standard for smart home products, in a move aimed at enabling more connected devices to speak to each other. The move aims to bring together the variety of standards for devices operating on ......
Facebook and Google said on Wednesday they would work with British government and CMA competition watchdog on digital advertising after the CMA said it could recommend strengthening regulation.
