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Sunday, June 16, 2019

BUSINESS

BUSINESS
Fiat Chrysler Automobiles, Renault, Automobiles, Nissan, Mitsubishi

Fiat Chrysler has proposed a merger with French car manufacturer Renault aimed at saving billions of dollars for both companies. Fiat Chrysler Automobiles (FCA) said...

China is cutting taxes on its fledgling software and integrated circuit industries as US export controls threaten to handicap Chinese tech companies. The Finance Ministry’s...
Uranium, Iran, Politics, Middle East, Oil, U.S., Tehran

Nuclear officials have revealed that Iran quadrupled its uranium-enrichment production capacity amid tensions with the US over Tehran’s atomic programme. The announcement came after US...

Jamie Oliver’s restaurant chain Jamie’s Italian has appointed administrators, putting more than 1,000 jobs at risk. The business said it had appointed KPMG to oversee...
Ford, Business, Jobs

Car giant Ford is cutting about 7,000 white-collar jobs, about 10% of its global workforce. The company has said it was undertaking a major restructuring,...
Huawei, Phones, Smartphones, Technology, Android

Latest: Buying a new Huawei phone poses a “real risk” to people in the wake of Google’s restrictions on the Chinese firm using its...
Deliveroo, Amazon, Food, Business, London

Amazon is leading a $575m investment round in Deliveroo, in a move that is set to have repercussions throughout the food delivery sector. London-based Deliveroo...
Banking, Banks, Finance, JP Morgan, Barclays, RBS, Royal Bank of Scotland, Citigroup, MUFG

Five banks handed a €1.07bn fine for taking part in a foreign exchange spot-trading cartel, the European Commission has announced. Barclays and Royal Bank of...
Boeing 737 Max, Travel, Health & Safety, Boeing, Business

The US’s top aviation regulator has assured Congress that the Boeing 737 Max, grounded after two deadly accidents, will only return to flying when...
Asda, Walmart, Sainsbury's, Supermarket, Retail, Stock Market

Walmart, US owner of Asda, has said it is “seriously considering” a stock market flotation for the UK supermarket after the chain’s deal to...