PARIS: French car manufacturer PSA and Fiat Chrysler will on Wednesday (Dec 18) announce a memorandum of understanding for a mega-merger to create the world's fourth-largest auto producer, a source close to their talks said. The MOU announcement is set to come before the Paris and Rome stock ...
FedEx Corp on Tuesday issued its second warning on fiscal 2020 profit after quarterly earnings fell sharply on lackluster global trade and the end of its relationship with Amazon.com, the world's top online retailer.
Facebook Inc said on Tuesday it would ask community reviewers to fact check content in a pilot programme in the United States, as the social media platform looks to detect misinformation faster.
NEW YORK: Wall Street stocks edged to records again on Tuesday (Dec 17) after good economic data added to positive momentum following announcement of a US-China trade agreement last week. Reports released Tuesday showed a sharp rebound to industrial production in November, while permits to build ...
Boeing Co's decision to stop production of its best-selling 737 MAX aircraft involved in two fatal crashes will impact the U.S. economy and employment, but the pain may be brief and concentrated in areas where suppliers are located, analysts and executives say.
The U.S. Federal Aviation Administration (FAA) needs to improve its oversight to address maintenance issues at the 11th largest U.S. carrier Allegiant Air, a unit of Allegiant Travel Co , according to a report seen by Reuters on Tuesday.
WASHINGTON: The US Senate approved a massive defense spending bill on Tuesday (Dec 17), sending Donald Trump a US$738 billion package that creates a new space force, fulfilling a presidential priority, and seeks to curb Russia's sprawling energy ambitions. The National Defence Authorisation Act ...
The U.S. Federal Aviation Administration (FAA) needs to improve its oversight to address maintenance issues at the 11th largest U.S. carrier Allegiant Air, a unit of Allegiant Travel Co , according to a report seen by Reuters on Tuesday.
WASHINGTON: The US Senate voted on Tuesday (Dec 17) to slap sanctions on companies working on Russia's Nord Stream pipeline, sending a bill to President Donald Trump that is sure to antagonise European nations counting on the project's natural gas. The measure, inserted into a huge annual defence ......
Half a million washing machines manufactured by Whirlpool Corp and sold in Britain are to be recalled following an order from the country's safety regulator which found they pose a fire risk.
