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January 19, 2021

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Headwinds for Google as rivals, customers criticise Fitbit concessions

October 12, 2020October 6, 2020 - by cbctransportationcom

Google’s bid to win EU approval for its $2.1 billion purchase of Fitbit faces headwinds as rivals and customers argue concessions to EU antitrust regulators do not go far enough, …

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Business

Malaysia Airlines group low on cash, big discounts from lessors sought

October 11, 2020October 6, 2020 - by cbctransportationcom

Malaysia Aviation Group, the holding company for Malaysia Airlines Bhd, said in a letter to lessors the group is unlikely to be able to make payments owed after November unless …

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Business

LSE to be told about EU’s Refinitiv deal concerns, sources say

October 10, 2020October 6, 2020 - by cbctransportationcom

London Stock Exchange LSE.L is set to be hit with a charge sheet in the coming weeks setting out the European Union’s antitrust concerns over its $27 billion purchase of …

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Business

U.S. factory orders miss expectations; business spending improving

October 9, 2020October 6, 2020 - by cbctransportationcom

New orders for U.S.-made goods increased less than expected in August, though business spending on equipment appeared to be recovering, which likely supported the economy in the third quarter. The …

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Business

British brothers buy Walmart’s Asda with TDR in $8.8 billion deal

October 8, 2020October 6, 2020 - by cbctransportationcom

Britain’s billionaire Issa brothers and private equity group TDR Capital have bought Asda from Walmart in a deal which gives the British supermarket chain an enterprise value of $8.8 billion …

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Business

Supreme Court takes up energy companies’ appeal over Baltimore climate suit

October 7, 2020October 6, 2020 - by cbctransportationcom

The U.S. Supreme Court on Friday agreed to hear an appeal by energy companies including BP PLC, Chevron Corp, Exxon Mobil Corp and Royal Dutch Shell PLC contesting a lawsuit …

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Business

Tesla reports record quarterly deliveries, but Model 3 sales underwhelm bulls

October 6, 2020October 6, 2020 - by cbctransportationcom

Tesla Inc TSLA.O on Friday said it delivered 139,300 vehicles in the third quarter, a quarterly record for the electric carmaker, but shares fell 5.7% in pre-market trading. The company …

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