Month: January 2019
Tokyo court denies bail to Renault CEO Carlos Ghosn yet again
On January 22, Tuesday, a court in Tokyo rejected former Nissan boss Carlos Ghosn’s latest request for bail. Shortly after…
Google hit with $57-million fine by France, peers under radar
Google, a business unit of Alphabet Inc. (GOOGL), was handed a fine of $57 million by France’s data-privacy agency, CNIL,…
Intel to report Q4 earnings on Jan 24. What to expect
During the prior 12-month period, the semiconductor industry has suffered a decline of 12%, primarily attributable to the trade war…
Mastercard fined $648 million in EU for anti-competitive practices
The business practices of American credit card companies have been under strict scrutiny in the European Union for a long…
Abbott earnings preview: Pharma, medical devices to drive Q4 results
Healthcare giant Abbott Laboratories (ABT) is expected to post upbeat results for the fourth quarter on Wednesday before the bell,…
Arconic says it’s no longer available for sale; stock nosedives
Arconic Inc (ARNC) announced that the Board has determined to no longer pursue a potential sale of the company as part…
China growth slump pulls down oil prices
On January 22, Tuesday, oil prices slipped more than 1% after signs of economic slowdown in China became evident. This…
Tesla might use battery from Chinese firm Lishen, indicates new report
With the trade-standoff between China and the United States of America tightening over time, a recent report by Reuters cites…