Company News

Fiat Chrysler says Peugeot talks progressing despite GM lawsuit

November 21, 2019

FILE PHOTO: The logos of car manufacturers Fiat and Peugeot are seen in front of dealerships of the companies in Saint-Nazaire, France, November 8, 2019. REUTERS/Stephane Mahe/File Photo FRANKFURT/PARIS (HeadlineNews) – Fiat Chrysler (FCA) said on Thursday talks with Peugeot owner PSA Group to create a $50 billion carmaking group were going well, despite FCA […]

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U.S. FAA head says will be tougher on the certification of the Boeing 777x

November 20, 2019

FILE PHOTO: A large 777X banner is seen hanging over the Boeing 777X Final Assembly Building floor during a media tour of Boeing production facilities in Everett, Washington, U.S., February 27, 2019. Picture taken February 27, 2019. REUTERS/Lindsey Wasson DUBAI (HeadlineNews) – The head of the U.S. Federal Aviation Administration (FAA) said the FAA will […]

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Thousands of Canadian National Railway workers go on strike

November 19, 2019

FILE PHOTO: A Canadian National Railway train travels eastward on a track in Montreal, February 22, 2015.. REUTERS/Christinne Muschi/File Photo (HeadlineNews) – About 3,000 workers of Canadian National Railway (CNR.TO), the country’s largest railroad operator, went on strike on Tuesday, labor union Teamsters Canada said after both parties failed to resolve contract issues. “Conductors, trainperson […]

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California sues e-cigarette maker Juul for selling nicotine products to youth

November 19, 2019

(HeadlineNews) – The state of California on Monday sued e-cigarette maker Juul Labs Inc, alleging the San Francisco company engaged in a “systematic” and “wildly successful” campaign to attract teenagers to its nicotine devices. FILE PHOTO: A store selling Juul vaping products is seen in Los Angeles, California, September 17, 2019. REUTERS/Lucy Nicholson/File Photo The […]

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Emirates close to finalizing part of wide-body jet order with Airbus: sources

November 18, 2019

FILE PHOTO: The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau/File Photo DUBAI (HeadlineNews) – Dubai state-owned airline Emirates [EMIRA.UL] was close to a deal on Monday to finalize at least part of a provisional order for 70 wide-body aircraft from Europe’s Airbus (AIR.PA), industry sources […]

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Nissan recalls nearly 400,000 vehicles over braking system defect

November 18, 2019

(This November 16 story has been refiled to correct the number in the headline) FILE PHOTO: A Nissan logo is pictured at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo By Kanishka Singh (HeadlineNews) – Japan’s Nissan Motor Co Ltd (7201.T) has said it is recalling 394,025 cars in the […]

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Airbus-backed tournament unveils first electric racing aircraft

November 17, 2019

(HeadlineNews) – An Airbus-backed air racing tournament unveiled an electric-powered sports aircraft on Sunday, billed as the world’s first, as the European planemaker seeks to boost its green aerospace technology. Several companies, including U.S. ride-hailing company Uber Technologies Inc (UBER.N), are working on electric-powered flying cars, amid increasing concerns about the environmental impact of fossil-fuel […]

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Saudi Aramco valuation set at up to $1.7 trillion, no overseas roadshows for IPO

November 17, 2019

DUBAI (HeadlineNews) – Saudi Aramco has set a price range for its listing that implies the oil giant is worth between $1.6 trillion to $1.7 trillion, below the $2 trillion the Saudi crown prince had targeted but still making it potentially the world’s biggest IPO. A billboard display an advert for Saudi Aramco in the […]

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Turkey says it bought Russian S-400s to use them, not put them aside

November 16, 2019

ANKARA (HeadlineNews) – Turkey bought S-400 missile defense systems from Russia to use them, not put them aside, the head of the Turkish Defense Industry Directorate said on Saturday, days after talks between President Tayyip Erdogan and U.S. President Donald Trump. FILE PHOTO: Parts of a Russian S-400 defense system are unloaded from a Russian […]

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U.S. to extend license for its companies to continue business with Huawei: sources

November 16, 2019

WASHINGTON (HeadlineNews) – The Trump administration is set to issue a two-week extension of a license allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd, two sources familiar with the deliberations said. FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China July […]

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