Monday, June 24, 2019
Fiat Chrysler said it has abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world’s third-biggest automaker. A source close to the French carmaker’s board said...
Amazon.com Inc is interested in buying prepaid cellphone wireless service Boost Mobile from U.S. carriers T-Mobile US Inc and Sprint Corp, two sources familiar with the matter said on Thursday. Amazon is considering buying Boost - currently one of Sprint’s...
Fiat Chrysler has made a "transformative" merger proposal to Renault in a deal that would create the world's third biggest carmaker. The plan, finalised in overnight talks with Renault, was being discussed at a meeting of the French group's board...
Apple Inc and other consumer brands lowered prices for their products in China on Monday as a cut in the country’s value-added tax (VAT) rate came into effect from April 1. Price tags for products listed on Apple’s China website...
At least two tankers have ferried Iranian fuel oil to Asia in recent months despite U.S. sanctions against such shipments, according to a Reuters analysis of ship-tracking data and port information, as well as interviews with brokers and traders. The...
European Union leaders sat down last week for what was supposed to be a summit meeting to discuss China, perhaps the biggest external economic and diplomatic challenge currently facing the EU. Instead, they ended up talking about Brexit, again. That UK...
As Sweden gets to grips with the money laundering scandal battering its oldest bank, questions are being asked about the impartiality of those overseeing the case. Swedbank AB reportedly handled more than $ 10 billion in suspicious flows tied to the...
Huawei's founder is striking a defiant tone in the face of American attempts to curb the Chinese tech giant's international reach and prosecute his daughter. "There's no way the US can crush us," Ren Zhengfei said in an interview with...
There is ample spare capacity in other oil producers and strategic reserves to compensate for a loss of Venezuela's crude exports, helping explain the tepid reaction of global oil prices to U.S. sanctions announced a week ago. Venezuela exports around...
The U.K. economy buckled under the strain of Brexit uncertainty in the fourth quarter. Gross domestic product increased a smaller-than-forecast 0.2 percent, compared with 0.6 percent in the third quarter. December alone saw the economy shrink by 0.4 percent, the...

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