Markets

U.S. Department of Justice approves T-Mobile, Sprint tie-up

U.S. Department of Justice approves T-Mobile, Sprint tie-up That said, this is a victory for T-Mobile US and Sprint, and a positive step-forward in the ambition to tackle the market dominance of AT&T and Verizon. They resumed talks on combining once President Donald Trump took office, hoping for more industry-friendly regulators. The companies appealed to Trump's desire for the U.S.to "win" a global 5G race with China. [Full Article...]

Vauxhall owner could end production from Ellesmere Port plant over Brexit

Vauxhall owner could end production from Ellesmere Port plant over Brexit That would leave Vauxhall's Luton-based van plant as its last presence in the UK. The industry's biggest fear has always been that if the United Kingdom leaves the European Union without a deal, customs checks on vital parts and assemblies from Europe could cause delays and. [Full Article...]

Audi unveils an A1 crossover called citycarver

Audi unveils an A1 crossover called citycarver Besides the extra ride height you get black plastic wheel arch extensions, new front and rear fascias (with two slots above the radiator grille, to the normal A1's three) and different sills. A basic digital instrument cluster comes standard, and clients can upspec to Audi's more comprehensive virtual cockpit as well as MMI navigation plus and a 560 watt Bang & Olufsen 3D Premium Sound System. [Full Article...]

China's United States soybean purchases slump to 2004 low

China's United States soybean purchases slump to 2004 low These shipments are part of purchases made in the first quarter of 2018. USA farmers, who harvest soybeans from September to November every year, have been among the biggest victims in the trade war as Chinese buyers shift to other markets for agricultural products amid retaliatory tariffs. [Full Article...]

Tesla To Soon Get Netflix, YouTube Streaming Support: Elon Musk

Tesla To Soon Get Netflix, YouTube Streaming Support: Elon Musk In the tweet he said that customers could expect "an amazingly immersive, cinematic experience" because of the car's surround sound and chairs. "I think we will be feature-complete full self-driving this year, meaning the auto will be able to find you in a parking lot, pick you up, take you all the way to your destination without an intervention - this year", he said in a an interview with ARK ... [Full Article...]

Just Eat shareholders to get 52pc slice after £9bn Takeover.com merger

The combined group had 360m orders worth €7.3bn (£6.6bn) in 2018 and strong positions in the UK, Germany, the Netherlands and Canada. Shares in Just Eat jumped more than a fifth to 776.8p on Monday morning, significantly higher than the valuation implied by the terms of the merger. [Full Article...]

Ryanair Blames 21% Q1 Profits Fall on Higher Fuel and Staff Costs

Ryanair Blames 21% Q1 Profits Fall on Higher Fuel and Staff Costs Revenue per passenger was flat at €55. Excluding fuel, unit costs rose 4% due to charges related to taking full control of Austrian subsidiary Laudamotion, handing back leases to Lufthansa, and a 21% increase in staff costs. The carrier said it expects fares to fall towards the lower end of its guidance range for a decline of 2% to an increase of 1%. Passenger numbers are expected to grow by 7... [Full Article...]

China tensions weigh on Huawei's ties with partners FedEx, Flex

China tensions weigh on Huawei's ties with partners FedEx, Flex The American company has apologized for multiple incidents of diversion of Huawei packages and sued the U.S. government last month for what it said was an " impossible task " to " police the contents " of export shipments. Made-to-order electronics maker Flex Ltd posted a net profit fall of 61 percent in the last fiscal quarter, because of uncertainties surrounding Huawei Technologies, the company... [Full Article...]


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