Online Investing News - Page 15
Mercedes Partners With BMW on Autonomous Driving Technology
German carmakers BMW Group and Daimler AG, the owner of Mercedes Benz brand, announced on Thursday a partnership that will see the companies jointly work on autonomous driving. According to a release published by Daimler, the new technology is expected to be launched by 2024.... Read more.
Tesla Reports Record Deliveries And Production in Q2
US-based electric car maker Tesla announced on Tuesday night that its delivery and production performance in the second quarter hit record levels, bea... Read more.
Visa Acquires Payment Protection Firm Verifi
US-based financial services giant Visa announced last Friday that it had reached an agreement to buy Verifi, a payment protection and management solut... Read more.
Deutsche Bank to Cut up to 20,000 Jobs Amid Massive Overhaul
The Board of Directors of German bank Deutsche Bank will meet on Sunday to talk about a restructuring that could lead to 20,000 job cuts, Reuters repo... Read more.
Apple Redirects Mac Pro Production to China
Apple is moving Mac Pro production to China, people familiar with the matter told the Wall Street Journal (WSJ). The desktop computer has been the onl... Read more.
Weekly Market Review - June 24-28
On Friday and Saturday, the world watches the G20 summit in Osaka, Japan. US President Donald Trump will meet with world leaders to discuss economic a... Read more.
US FAA Discovers New Flaw in Boeing’s 737 Max Jets
On Wednesday, the US Federal Aviation Administration (FAA) said that it had found another issue with Boeing’s 737 Max 8, a problematic jet model tha... Read more.
FedEx Reports Better Earnings, Sino-US Trade War Still Gloomy
Package delivery service provider FedEx presented on Tuesday its financial results for the fourth quarter. The revenue and earnings figures beat analy... Read more.
Amazon Launches Beauty Store, Obtains Patent For Drone Surveillance
On Monday, Amazon announced the launch of Amazon Professional Beauty Store, which will sell beauty products aimed at professional stylists, aesthetici... Read more.
ANZ Scandal Widens as Pressure From Central Bank, NZ Government Rises
The Australia and New Zealand Banking Group (ANZ), the second largest bank in Australia by assets, is facing a huge scandal after the head of its New ... Read more.
Metro Not Happy With Takeover Offer Price
German wholesaler Metro received an unsolicited buy offer from EP Global Commerce, an acquisition vehicle owned by two investment partners, Patrik Tka... Read more.
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