Markets

Raytheon Technologies Corporation: UTC, Raytheon make marriage official

Raytheon Technologies Corporation: UTC, Raytheon make marriage official Raytheon and United Technologies are in late-stage talks to merge that's according to a report from The Wall Street Journal . It would not inherit United's Carrier air conditioner business or its Otis elevator company, both of which are being spun off under the terms of an earlier deal. [Full Article...]

French Government Open To Reducing Its Stake In Renault

French Government Open To Reducing Its Stake In Renault Nissan on Monday said it had received a letter from Renault stating the French automaker planned to abstain from a shareholder vote on the reform plans, effectively blocking them as they require a two-thirds majority to pass. Renault should concentrate on forging closer links with Nissan before seeking other alliances, Le Maire said. "Renault's rights as 43.4% shareholder of Nissan need to be fu... [Full Article...]

G-20 leaders express 'serious concerns' about trade tensions

G-20 leaders express 'serious concerns' about trade tensions Uncertainty was sense that lingered among the finance ministers of G20 nations as they flew back to their respective countries after wrapping up a meeting in Japan. Mr Trump raised tariffs on about US$200 billion (S$272 billion) in Chinese imports to 25 per cent in response. The study covered the USA tariffs on a total of $250 billion worth of goods from China, and Chinese tariffs on $110 billio... [Full Article...]

Three is switching on a 'true' 5G network in August

Three is switching on a 'true' 5G network in August EE now only offers 5G in six cities, and promised a total of 16 locations will have 5G before the end of the year. On top of that it's promised 5G mobile and broadband services will launch in 25 towns and cities across the United Kingdom before the end of the year. [Full Article...]

Thick fog causes flight havoc at Sydney’s global airport

Thick fog causes flight havoc at Sydney’s global airport On average, Sydney Airport experiences five fog events per year and majority happen in late autumn or winter, she said. Flights to and from Sydney Airport are experiencing delays of up to two hours, which are causing havoc to some passenger's travelling during this NSW Queens Birthday long weekend. [Full Article...]

Stolen Bitfinex BTC Is on the Move

Stolen Bitfinex BTC Is on the Move The moves that were reported by Whale Alert are the only ways anonymous Bitcoin transactions can actually be traced and later used for forensic analysis by experts. Earlier this year in February, the United States law enforcement agencies had been able to retrieve 27.66270285 BTC (~$219,745.60) from the Bitfinex theft. [Full Article...]

Democrats slam Trump's use of trade threats against ally Mexico

Democrats slam Trump's use of trade threats against ally Mexico He also denounced what he described as a "false" report from The New York Times . With the tariff threat gone, at least for now, and Mexico agreeing to at least some items on the table, the good news is that a deal means no added pain for American wallets and purses. [Full Article...]

Trump is confident Mexico will enforce new immigration deal

Trump is confident Mexico will enforce new immigration deal After the initial tweetstorm, the President is busy at what's fast becoming his weekend White House, Trump National Golf Club in Sterling, Virginia, but he's sure to update the posts when he's done. A former director-general of the World Trade Organization (WTO), Pascal Lamy , said it was understandable that Mexico had sought to extricate itself from the tariff bind, but said Mexico ran the ris... [Full Article...]


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