BEIJING (Reuters) – Guangzhou Automobile Group Co Ltd (GAC) on Wednesday said a brewing trade war between China and the United States could hurt the Chinese automaker’s plans to break into the U.S. market if tariff barriers were raised.
BEIJING (Reuters) – German car maker Daimler AG’s boss said on Wednesday there was no indication the firm’s largest shareholder, Chinese auto magnate Li Shufu, was planning a hostile takeover, after he took a $9 billion stake in the firm earlier this year.
SHANGHAI (Reuters) – German luxury carmaker Audi AG aims to double its China production with local partner FAW within five years, the firm’s chief executive said on Wednesday, as global carmakers look to localize in the world’s largest vehicle market.
TOKYO (Reuters) – Kobe Steel Ltd said on Wednesday that it is under investigation by Japanese authorities over its data tampering, widening a scandal that undermined faith in Japan’s industrial sector last year.
SEOUL (Reuters) – General Motors and South Korea are considering increasing the size of their investment in the U.S. automaker’s local unit from a previously proposed $2.8 billion, a senior government source with direct knowledge of the matter said on Wednesday.
Republican Debbie Lesko has won the special election in Arizona’s 8th Congressional District, keeping the U.S. House seat in GOP control. The former state senator on Tuesday defeated Hiral Tipirneni, a … …read more […]
President Donald Trump on Tuesday said Kim Jong Un wants a historic, high-stakes meeting as soon as possible and suggested the North Korean dictator has been “very open” and “very honorable,” … …read more […]
SEOUL (Reuters) – General Motors and South Korea are in talks to increase the size of their investment in the U.S. automaker’s local unit from a previously proposed $2.8 billion, a senior government source with direct knowledge of the matter said on Wednesday.
LONDON/NEW YORK (Reuters) – London-listed drugmaker Shire Plc said it was willing to recommend a deal with Takeda Pharmaceutical Co to its shareholders, after the Japanese company sweetened its acquisition offer to 46 billion pounds ($64 billion).
If the Mac maker scores cost concessions, will it keep them or pass them on to customers? …read more […]
TOKYO (Reuters) – Asian shares were under pressure on Wednesday, with a rise in U.S. bond yields above the 3 percent threshold and warnings from bellwether U.S. companies of higher costs driving fears that corporate earnings growth may peak soon.
LONDON/NEW YORK (Reuters) – London-listed drugmaker Shire Plc said on Tuesday it was willing to recommend to its shareholders a deal with Takeda Pharmaceutical Co, after the Japanese company sweetened its acquisition offer to 46 billion pounds ($64 billion).
All that is required to have packages delivered to a car is downloading an app from Amazon and linking it to the vehicle’s so-called connected car service, such as General Motors Co’s (GM.N) OnStar system or Volvo Car Group’s On Call service. The in-car delivery effort is part of Amazon’s drive to leave packages where they cannot be easily stolen. Since 2011, Amazon has offered secure lockers for urban customers. …read more […]
The next-generation Fire TV might take on a cube-shaped form. AFTVNews has …read more […]
Berkshire Hathaway CEO Warren Buffett explains a simple investing strategy that would’ve made you a fortune, that could make you a fortune in the years to come. …read more […]
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