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As China Sales Skid, New Small SUV The Bet For Hyundai Motors

With the intention to try and offset its continuous sliding sales in China and in order to catch up with rivals in the segment of sport utility vehicles, Hyundai Motor unveiled its first subcompact SUV named Kona for advanced markets, including the United States, Europe and South Korea.   A...

With Dupont Fabros Buy, Digital Realty Expands Data Center Reach

In what is considered to be its biggest-ever deal, to help expand in high-demand markets in the United States amid a rapid shift to the cloud by technology companies, Digital Realty Trust Inc said it would buy fellow data center operator DuPont Fabros Technology Inc for an enterprise value of about...

Riding On Trucks For Growth, Canadian Icon Blackberry Hopes To Make It Big Again

Why BlackBerry's stock is once again a darling in Canadian markets, having soared 70 percent in two months, is better explained by a visit to trucking firm Titanium Transportation.   BlackBerry fleet-tracking service known as Radar that uses $400 boxes to collect and transmit information on...

As Boeing Ponders Next Jetliner, It Also Studies Pilotless Planes

Boeing Co aims to test some of a pilotless technology next year and the world's biggest plane maker said in a briefing ahead of the Paris Airshow said that it is looking ahead to a brave new world where jetliners fly without pilots.   Mike Sinnett, Boeing's vice president of product...

On 787 And 777 Cost Reductions, Boeing Barrels Ahead

In order to chip away at the near-$30 billion deficit created by its 787 Dreamliner and to cut costs to compete with rival Airbus, Boeing Co is streamlining its aircraft production systems at its largest factory.   Boeing is reordering some of its assembly steps to speed up the process even...

Leading UK Fund Manager CEO Says Santander Buyout 'Smacks Of' Lloyds Bailout Debacle

According to the chief of a leading U.K. fund manager, elements reminiscent of the takeover of Britain's failing HBOS by fellow U.K. bank Lloyds in 2009 can be seen to be prevailing  in Santander's takeover of struggling Spanish banking peer Banco Popular.   Martin Gilbert, chief...

Tough Road To Cooperation For Tech Rivals Exhibited By Amazon-Apple TV Deal

The manner in which competitive tensions among Silicon Valley titans can stand in the way of serving customers was showed by a deal that brings Amazon Prime Video to Apple TV which was announced on Monday at Apple Inc's developer conference after years of talk between the two companies.  ...

As May Calls For Internet Regulations, Facebook Wants To Be 'Hostile Environment For Terrorists'

Even as British Prime Minister Theresa May raised the specter of imposing new regulations to restrict the dissemination of extremist content, while pledging to "aggressively remove terrorist content" from its platform, Facebook condemned Saturday’s deadly London attacks.   In order to...

In Shopping Case By August, Google Faces Hefty EU Fine: Reuters

On the issue of shopping service, Alphabet unit Google is probably going to be slapped by a hefty fine by EU antitrust regulators even before the summer break in August, reported news agency Reuters citing information from two people who were familiar with the matter.   This sets the stage...

Wal-Mart Reports Good Results Driven By More Shoppers And Jump In Online Sales

Driven by the fact that more customers visited the discount retailer and its e-commerce push boosted online purchases, Wal-Mart Stores Inc on Thursday reported higher-than-expected quarterly sales at established U.S. stores.   Consequently, the world’s largest retailing company saw shares...

With New Zero Alcohol Beer, Heineken Targets Global Leadership

With the aim of becoming the global leader in a part of the market growing faster than the average, Dutch brewer Heineken has launched a non-alcoholic version of its namesake beer.   The world's second largest beer maker will sell the product in 17 markets, across Europe and also Russia and...

In Blow To Trump, GE Voices Support For Mexico And Backs NAFTA, In A Blow To Trump

The company is "very supportive" of the North American Free Trade Agreement (NAFTA) that U.S President Donald Trump has threatened to ditch, said General Electric (GE.N) on Friday as the company praised Mexico as a big part of its future in the same comment.   Mexico as an investment...
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