Amazon is generating lots of free-cash flow, time to get on board: Barron’s
Amazon.com Inc is generating lots of free cash flow, which it often uses to invest in growing its business, making the e-commerce retailer a good investment, weekly newspaper Barron’s said on Jan. 3.
Boeing, FAA reviewing wiring issue on grounded 737 MAX
Boeing Co and the Federal Aviation Administration (FAA) confirmed on Sunday they are reviewing a wiring issue that could potentially cause a short circuit on the grounded 737 MAX.
Chinese delegation plans to travel to Washington to sign trade deal: SCMP
A Chinese trade delegation is planning to travel to Washington on Jan. 13 for the signing of the U.S.-China Phase 1 trade deal, the South China Morning Post reported on Sunday citing a source briefed on the matter.
Gulf markets plunge on U.S.-Iran tensions, Aramco at lowest since IPO
Kuwaiti and Saudi stocks led Gulf stocks sharply lower in late afternoon trade on Sunday in the wake of a U.S. drone strike in Baghdad that killed Iran’s military commander.
Daimler, Volvo mull combustion engine cooperation: report
Luxury German carmaker Daimler and Volvo Cars, owned by China’s Geely, are considering cooperating to cut the costs of developing combustion engines, a magazine reported on Sunday, citing unnamed company sources.
Gulf markets plunge on U.S.-Iran tensions, Aramco hits lowest since IPO
Gulf stocks fell sharply in late afternoon trade on Sunday, with Kuwaiti and Saudi stocks leading losses.
Saudi Aramco shares hit lowest since IPO, down 1.7%
Shares of Saudi Aramco were down 1.7% in late afternoon trade on Sunday, hitting 34.55 riyals ($9.21) per share, its lowest level since it started trading last month after a record initial public offering (IPO).
Japan orders tighter immigration procedures after Ghosn flees country
Japan on Sunday said it would tighten immigration measures after former Nissan boss Carlos Ghosn fled the country while on bail, its first official response to an astonishing escape that has transformed the executive into an international fugitive.
Daimler recalls 744,000 U.S. Mercedes-Benz vehicles for faulty sunroofs
German automaker Daimler AG said on Saturday it will recall 744,000 Mercedes-Benz vehicles in the United States from the 2001 through 2011 model years because the sunroof glass panel could detach and pose a hazard.
Amazon considers opening stores in Germany: report
Amazon.com is considering opening stores in Germany, its second biggest market after the United States, the ecommerce company’s head in the country was quoted as saying on Saturday.
