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Fiat Chrysler And Waymo Broaden Their Agreement On Self-Driving Vehicles For Public Ride-Hailing Service

Fiat Chrysler Automobiles NV (FCA) and Alphabet’s Waymo announced that thousands of Pacifica hybrid minivans would be provided by the auto maker in the effort of Alphabet Inc’s self-driving unit’s drive to launch its first public ride-hailing service this year.   There are other companies...

Trump Tariff Against Aircraft Imports Revoked By U.S. Commission In Favor Of Bombardier

Airplane maker Bombardier winning a legal battle in the U.S. has had a significant impact in far way in Northern Ireland where apparently thousand of jobs have been saved. The law suit that the plane maker won was related to the repealing of import tariffs for the C-series planes of the company....

Cheaper Streaming Device To Be Launched By Sky To Challenge Netflix And Amazon

Viewers and members of a new paid digital service of Sky would now be able to access to the films, a number of television shows and live sport like the Premier League matches on any TV set with the use of a low-cost plug-in stick which would be launched by the company soon. Through this launch the...

GE Shares Note The Worst Weekly Decline Since The Financial Crisis

Earlier in the week, General Electric had announced that it would have to take a one-time hit of $11 billion in charges and a possible breakup of the company. This created a rumble in stock market as it spooked the investors of the company resulting in the price of the stocks of the company noting...

Crypto Mining Demand Drives Investors Of TSMC To Propel Its Shares To Record High

There has been growing global demand for powerful semiconductors that are put to use for mining of cryptocurrencies and this trend has driven the results of Taiwan Semiconductor Manufacturing Co. (TMSC) and prompted the company to report its quarterly results ahead of expectations. This resulted in...

Criminal Complaint Against Apple Over iPhone Slowdown Filed By South Korea Consumer Group

Following court cases in to the alleged issue against Apple Inc. of intentional slowing down of iPhone after downloading of a software in Europe, the company is facing a criminal complaint in South Korea.   This time the Apple Inc CEO Tim Cook is the target of the criminal contempt filed by...

One-Time Hit Of $22 Billion On U.S. Tax Change Booked By Citi As It Tops Profit Estimates

The lower trading revenues of Citigroup Inc was offset by solid gains in Asia and Latin America as the lender beat Wall Street expectations off profits in its global consumer banking business, the company announced on Tuesday.   There was a rise of 2.8 per cent in the shares of the company...

Cheap Loans Being Attempted To Be Raised By Saudi Aramco Before Its IPO: Reuters

Banks seeking to strengthen their relationship with Saudi Aramco are considering doling out cheap loans worth billions of dollars, before the oil giant’s stock listing, according to a report by news agency Reuters, citing sources from the banking industry and export credit agency (ECA) sources....

GM Chief Promises On Profit From Electric Cars By 2021 Driven By Low Cost Innovative Batteries

It would be by 2021 that General Motors Co would begin making profits from the sale of electric cars, said the company Chief Executive Mary Barra in what is being described as a bold promise to investors.   But how that would be achieved has not been described by Barra. And this is critical...

London To Be Post Brexit Headquarter For This Spanish Bank

A bet that London would continue to retain its position as the center piece in the European financial market even after Brexit is being placed by Spain’s Alantra Partners SA. And this is the reason that the Spanish bank is contemplating the moving of its present global headquarters from Madrid...

With Fuel Efficiency At Focus, Diesel Version Of Pickup Truck To Be Launched Soon By Ford

The race for creating more efficient pickup trucks among automakers is getting hotter as Ford Motor Co intends to gain some marketing edge over rivals in this segment and plans to unveil and launch a diesel engine version for its best-selling F-150 pickup truck in the spring.   The F-150...

Chip Security Flaws Could Affects All Macs, iPhones And iPads, Says Apple

While stressing that there had been no reports of any known hacking or even attempts to do so, iPhone manufacturer Apple Inc. has said that the chip security bug that was detected and revealed earlier this week, have the potential of affecting all of its Mac computers and iOS devices such as the...
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