Industrials

Nissan Motor says willing to work with Google, others for development of self-driving car

Japan-based Nissan Motor Co said it would be willing to work with Google and other firms to develop self-driving vehicle systems.


Mongolia plans to replace investment law that limits foreign ownership

Mongolia would be replacing its 2012 law that puts limits on foreign ownership with a new measure that is more investor-friendly.

Global "chaos" may ensue if US strikes - Syrian official

Syrian Deputy Foreign Minister Faisal Mikdad had said that world peace and security will be disrupted if US and its allies proceed with their action in response to the August 21 chemical attack.

BBA Aviation validates merger talks with DAE, acquires Maguire Aviation

BBA Aviation confirmed reports that it is planning to merge with StandardAero and that it has already bought Maguire Aviation.


Latest News

An acquisition deal for a Chinese copper landmark had been placed at risk after the USD3 billion agreement was reviewed.
BBA and DAE discuss merger possibilities. The world's largest producer of bases for business jets, BBA Aviation Plc was in discussion with Dubai Aerospace Enterprise Ltd, an aircraft leasing company, as to the combination of their business enterprises.
Uralkali CEO Vladislav Baumgertner was held in custody after holding potash discussions in Belarus. OAO Uralkali Chief Executive Officer Vladislav Baumgertner was detained in Belarus.
CNH Industrial COO Richard Tobin is the new CEO of the merged company between Fiat Industrial and CNH Industrial.
Pritzker Family agreed to buy TMS International Corp. for USD1 billion. The Pritzker Family, one of America's wealthiest families, has agreed to purchase TMS International Corporation with an approximate USD1 billion cash deal.
A military source told Reuters that the US had finally agreed on selling AH-64E Apache combat helicopters to the Indonesian army, and are still in talks to iron out the terms of the deal.
Tata Steel had purchased expensive equipment to lower black dust emanation from its plants. Tata Steel. the Indian steel conglomerate, had invested GBP800,000 in new machinery able to reduce the black dust particles produced from its Wales located facility.
A lot of Barrick Gold Corp investors had been in doubt about the direction the company is headed and the role of CEO Peter Munk who was once seen as a visionary man in the gold sector.
Atlas Elektronik and Rheinmetall Defence Electronics were raided by German authorities in relation to bribery accusations on a submarine equipment order.
Rexnord Aerospace announced acquisition for Micro-Precision Technology assets that would allow the two companies to expand their portfolio..
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