Softbank plans $18 billion IPO of mobile phone unit this year: Nikkei
TOKYO (Reuters) – SoftBank Group Corp plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper said, a spin-off that would complete the Japanese telecoms conglomerate’s transformation into a global technology investor.
Ford plans $11 billion investment, 40 electric vehicles by 2022
DETROIT (Reuters) – Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto…
Asia shares hit historic high, dollar on defensive
SYDNEY (Reuters) – Asian shares hit historic highs on Monday as Wall Street extended its record-breaking run, while the U.S. dollar remained on the defensive as investors priced in the risk of tighter policies elsewhere in the rich world.
Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei
TOKYO (Reuters) – SoftBank Group Corp plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan’s biggest initial public offerings, the Nikkei newspaper said on Mo…
Ford ups electric vehicle plans to $11 billion by 2022: executive
(Reuters) – Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.
VW brand car sales hit 6.23 million record in 2017
DETROIT (Reuters) – Volkswagen’s core autos division increased vehicle sales to a new record last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.
Airbus in talks on 70-80 million euro deal to end German probe: paper
FRANKFURT (Reuters) – Airbus is in talks with German prosecutors to end an investigation into the sale of Eurofighter jets to Austria in exchange for a settlement of between 70 million and 80 million euros ($85 million to $98 million), a German newspa…
Airbus offers 70-80 million euro settlement to end German probe: paper
FRANKFURT (Reuters) – Airbus is in talks with German prosecutors to end an investigation into the sale of Eurofighter jets to Austria in exchange for a settlement of between 70 million and 80 million euros ($85 million to $98 million), a German newspa…
Ford unveils future Ranger pickup for segment rivals dominate
DETROIT (Reuters) – Ford Motor Co on Sunday will officially take the wraps off its long-awaited Ranger midsize pickup truck, a year ahead of its arrival in showrooms, as rivals consolidate positions in a segment Detroit automakers once gave up for dea…
After emissions scandal, Volkswagen on U.S. comeback trail with all-new Jetta
DETROIT (Reuters) – Volkswagen will launch an all-new Jetta compact car, its biggest seller in America, at the Detroit Auto Show on Sunday as the German carmaker looks to revive sales in the world’s second-largest auto market and move on from the emi…
