September 27, 2019

Austria’s AMS ups takeover offer for German lighting group Osram

Austrian sensor maker AMS has increased its takeover offer for German lighting group Osram to 41.00 euros per share from 38.50 euros, heating up a bidding […]
September 27, 2019

Suntory’s Niinami: not interested in Nissan CEO job now

The head of Suntory Holdings, Takeshi Niinami, said he was not interested in replacing the CEO at Nissan Motor Co , which has been struggling with […]
September 27, 2019

Global oil freight rates rocket as U.S. sanctions tanker units of Chinese giant COSCO

Key oil freight rates from the Middle East to Asia jumped nearly a fifth on Friday, with the global oil shipping market spooked by fresh United […]
September 27, 2019

BMW not interested in settling EU cartel investigations: WirtschaftsWoche

Germany’s BMW has no interest in settling an investigations by the European Union antitrust authorities against the company and other German carmakers, German magazine WirtschaftsWoche reported […]
September 27, 2019

Asian shares drop to three-week low, U.S. politics sours mood

Asian shares slipped to three-week lows on Friday as the release of a whistleblower complaint against U.S. President Donald Trump added to worries about the global […]
September 27, 2019

Huawei says it has begun producing 5G base stations without U.S. parts

Huawei Technologies Co Ltd [HWT.UL] said it has started making 5G base stations without U.S. components and that total production of 5G base stations should more […]
September 27, 2019

Toyota to boost Subaru stake to more than 20%: sources

Toyota Motor Corp plans to raise its stake in Subaru Corp to more than 20% from around 17% now, a deal that would also see the […]
September 27, 2019

Motorbike ride-sharing a panacea for Dhaka traffic chaos

Ride-sharing motorbike services are surging in popularity in the Bangladeshi capital of Dhaka, where nightmare traffic often means that walking is faster than traveling by car […]
September 27, 2019

Chevron says no arbitration for now over Thai energy dispute

U.S. energy major Chevron Corp has opted to continue negotiations with Thailand rather than seek arbitration to resolve a dispute over who should pay for removing […]
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