Recent Posts

Fiat plans merger with Renault to form world’s 3rd-biggest carmaker

Bloomberg Fiat Chrysler Automobiles NV proposed a merger with Renault SA to create the world’s third-biggest carmaker as manufacturers scramble for scale to tackle an expensive shift to electrification and autonomous driving. The transaction would be structured as a 50-50 ownership through a Dutch holding company, Fiat said on Monday. Renault shareholders, including the French government, would get an implied ...

Read More »

First American may have exposed millions of client records: Research

Bloomberg First American Financial Corp., one of the largest US title insurers, may have allowed unauthorised access to more than 885 million records related to mortgage deals going back to 2003, according to a security researcher. The flaw was outlined in an article by Brian Krebs, a cybersecurity expert. Digitised records including “bank-account numbers and statements, mortgage and tax records, ...

Read More »

Trade war may hurt business: Maersk

Bloomberg AP Moller-Maersk A/S, the world’s largest container line, said it had a good start to the year but warned that “considerable uncertainties” stemming from global trade tensions will probably hurt its business. “New tariffs can potentially reduce expected growth in global container volumes by up to 1 percentage point,” the Copenhagen-based company said. Maersk, which also unveiled plans to ...

Read More »
Send this to a friend