Ford bets on an electric Mustang to charge its turnaround
The Mustang Mach E electric sport utility vehicle Ford Motor Co unveiled in Los Angeles on Sunday is more than another car for the storied automaker.
Asia shares tick higher as China cuts repo rate
Asian shares blipped higher on Monday after Beijing surprised markets by trimming a key interest rate for the first time since 2015, stirring speculation that more stimulus was on the way for the world’s second-largest economy.
SoftBank to create $30 billion tech giant with Yahoo Japan, Line Corp merger
Japan’s SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant, as it strives better compete to with local rival Rakuten and U.S. tech powerhouses.
Asia shares in waiting mode ahead of Fed, ECB events
Asian share markets got the week off to a muted start on Monday as jaded investors awaited real evidence on progress in the U.S.-China trade dispute, though sentiment found support from another record close on Wall Street.
SoftBank’s Yahoo Japan, Line Corp announce merger
Japanese telco SoftBank Corp on Monday announced plans to merge its internet unit Yahoo Japan with messaging app operator Line Corp as it scoops up troubled internet companies to bulk up against rivals like Rakuten Inc .
Made in China: Samsung farms out more phones to fend off rivals
Samsung’s plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it’s a strategy fraught with risks, people with familiar with the move said.
HP says open to exploring bid for Xerox
HP Inc said on Sunday it was open to exploring a bid for U.S. printer maker Xerox Corp after rebuffing a $33.5 billion cash-and-stock acquisition offer from the latter as “significantly” undervaluing the personal computer maker.
Boeing, Airbus kept in suspense over big Dubai jet deals
Airbus and Boeing fought to save billions of dollars of jet deals on Sunday as host airline Emirates kept the Dubai Airshow in suspense over dozens of tentative orders designed to fine-tune the world’s largest international airline network.
HP rejects Xerox’s $33.5 billion offer to buy the company
HP Inc said on Sunday it had rejected an offer from printer maker Xerox Corp to buy the personal computer maker.
Renault to have CEO shortlist soon but not in rush: Sueddeutsche Zeitung
Renault will have soon drawn up a shortlist of candidates for chief executive officer but there is no rush, the French carmaker’s chairman told a German newspaper.
