said-on-sunday
Ministers positive on OPEC, non-OPEC oil output cuts
January 22, 2017 by publisher · Leave a Comment
Energy ministers from OPEC and non-OPEC countries meeting in Vienna on Sunday have struck a positive note regarding their agreement to cut oil output as a committee set to monitor compliance with the deal meets for the first time. Kuwaiti oil minister Essam Al-Marzouq, who chairs the five-member compliance committee, said it would examine how to
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Ministers positive on OPEC, non-OPEC oil output cuts
said-on-sunday
Foxconn CEO says investment for display plant in U.S. would exceed $7 billion
January 22, 2017 by admin · Leave a Comment
Foxconn, the world's largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed $7 billion, company chairman and chief executive Terry …
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Foxconn CEO says investment for display plant in U.S. would exceed $7 billion
said-on-sunday
EU, U.S. strike deal to boost transatlantic insurance market
January 15, 2017 by creative · Leave a Comment
The European Union and the United States agreed on Friday to reduce legal and capital barriers to boost the $3 billion transatlantic insurance and reinsurance market. Under the deal, EU and U.S. authorities will lift requirements for reinsurers to hold more capital against risks if they operate from the other side of the Atlantic, eliminating one key hurdle for cross-border expansion. “This is a major deal that is set to benefit insurers, reinsurers and policy holders…
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EU, U.S. strike deal to boost transatlantic insurance market
said-on-sunday
Takata to plead guilty, pay $1 billion U.S. penalty over air bag defect
January 15, 2017 by admin · Leave a Comment
DETROIT/WASHINGTON (Reuters) – Japan's Takata Corp on Friday agreed to plead guilty to criminal wrongdoing and to pay $1 billion to resolve a U.S. Justice Department investigation into ruptures of its air bag inflators linked to at least 16 deaths worldwide. The deal was announced hours after prosecutors in Detroit charged three former senior Takata executives …
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Takata to plead guilty, pay $1 billion U.S. penalty over air bag defect
said-on-sunday
Emission probes could widen beyond Renault in France: Minister
January 15, 2017 by publisher · Leave a Comment
A judicial investigation into diesel emissions testing in France could widen beyond Renault after tests showed other carmakers had exceeded the authorized levels, the French environment minister said on Sunday, without elaborating. Shares…
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Emission probes could widen beyond Renault in France: Minister
said-on-sunday
FCA to invest $1 billion in U.S. plants, make Jeep pickup truck
January 8, 2017 by creative · Leave a Comment
Fiat Chrysler Automobiles said on Sunday that it would invest $1 billion to retool and modernize two plants in the U.S. Midwest, including one that would be able to make the Ram heavy-duty pickup truck currently produced in Mexico. The company also said it planned to add three new Jeep models, including a pickup truck, to its product
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FCA to invest $1 billion in U.S. plants, make Jeep pickup truck
said-on-sunday
Scotland says to unveil single market Brexit plan this week
December 18, 2016 by admin · Leave a Comment
Scotland will publish proposals this week for how it can remain in the European single market after Britain leaves the European Union in order to avoid the “national disaster” of a “hard Brexit”, the Scottish government said on Sunday. While the United Kingdom as a whole voted to leave the EU in the June 23 referendum, Scotland strongly backed remaining in the bloc. “In line with …
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Scotland says to unveil single market Brexit plan this week
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China says concerned about EU protectionism on steel imports
November 13, 2016 by admin · Leave a Comment
China is greatly concerned about the European Union's protectionist measures against Chinese steel products, the commerce ministry said on Saturday. The ministry was responding to the EU's latest decision to take temporary anti-dumping measures against imports of Chinese seamless steel pipes, based on preliminary
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China says concerned about EU protectionism on steel imports
said-on-sunday
South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap
November 13, 2016 by elegant · Leave a Comment
South Korean prosecutors have questioned the heads of some large conglomerates, including the chairman of Hyundai Motor , and plan to question the de factor head of Samsung Group and others in a probe into a political scandal involving President Park Geun-hye, media reports said on Sunday. A Hyundai Motor spokesman declined…
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South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap
said-on-sunday
Bombardier books four Challenger 650 orders from Zetta Jet
October 30, 2016 by creative · Leave a Comment
ORLANDO, Fla. (Reuters) – Canadian plane and train maker Bombardier Inc said on Sunday it had booked an order for four of its Challenger 650 business jets from Zetta Jet, a charter operator based in Singapore, valued at $129 million at list prices.
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Bombardier books four Challenger 650 orders from Zetta Jet