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Air Products bids for China’s largest industrial gas maker

  Bloomberg Air Products & Chemicals Inc. made an offer to buy China’s biggest producer of industrial gases as it seeks to compete with rivals such as Praxair Inc. in an industry marked by a wave of consolidation. The Allentown, Penn- sylvania-based maker of industrial and atmospheric gases said in a statement on Monday that it expressed preliminary, non-binding interest ...

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Fiat Chrysler to invests $1bn in US amid Trump squeeze

  Bloomberg Fiat Chrysler Automobiles NV will invest $1 billion toward making three new Jeep models in the US, plus a Ram heavy-duty pickup now built in Mexico, as President-elect Donald Trump pressures the auto industry to hire workers and produce vehicles above the border. The outlays planned by 2020 include retooling factories in Michigan and Ohio and adding 2,000 ...

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Amazon shipments for independent merchants double

  Bloomberg Amazon.com Inc. said the number of items sold for independent merchants that use its logistics service more than doubled to 2 billion last year, evidence the online retailer’s stepped-up investments in warehouses are paying off with expansion into new areas like fashion and household goods. The world’s biggest e-commerce company has differentiated itself by offering fast, free delivery ...

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