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Fiat nears deal to sell its auto-parts unit to Calsonic

Bloomberg Fiat Chrysler Automobiles NV is nearing a deal to sell its high-tech car-parts unit, Magneti Marelli, to Calsonic Kansei after the Japanese firm raised its bid, according to people with knowledge of the talks. Calsonic, an automotive supplier owned by private equity firm KKR & Co., and Fiat have reached a tentative agreement on price and may announce an ...

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A Brexit trade deal with Asia isn’t outlandish

Brexiters have long claimed countries are queuing up to sign trade deals with Britain once it leaves the European Union (EU). It’s one reason they so oppose any Brexit deal that leaves the United Kingdom tied to Europe’s customs union, even temporarily. Right on cue, Japanese Prime Minister Shinzo Abe told the Financial Times this week that the UK would ...

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Google’s devices like Pixel are a hobby

So many internet and software companies make gadgets now. Amazon, Microsoft, Google and Facebook all make some type of internet-connected computing gear. Even Uber has started to engineer its own electric scooters. The one thing all these newcomers have in common is that their hardware businesses are irrelevant. That’s important to remember with Google’s introduction of the latest in its ...

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