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Chinas Haier buys GEs appliance business in $5.4 billion deal
2016-01-18 19:02:29| Canadian Plastics Headlines
Consumer product maker General Electric (GE) has agreed to sell its appliance business to China’s Haier Group for US$5.4 billion. According to GE, its Appliance Park manufacturing operation in Louisville, Ky., is the largest injection molding facility in the state… The post China’s Haier buys GE’s appliance business in $5.4 billion deal appeared first on Canadian Plastics.
Tags: business
deal
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US pledges $4 billion toward faster adoption of self-driving cars
2016-01-18 10:44:06| Automakers - Topix.net
The US administration pledged Thursday to help clear the way for autonomous vehicles with an investment of $4 billion to fund research and testing projects. US Transportation Secretary Anthony Foxx made the announcement in Detroit, flanked by executives from Google and auto manufacturers General Motors, Ford Motor Co., Volvo, Fiat Chrysler and Honda.
Tags: cars
faster
billion
adoption
Exclusive: Telefonica eyes AT&T's $10 billion Latin American TV assets - sources
2016-01-16 04:16:35| Telecom - Topix.net
A logo of Spain's telecommunications giant Telefonica is seen on a building in Madrid December 3, 2012. Spain's Telefonica SA is working on plans to list 10-15 percent of its Latin American unit, its chief executive said in an interview with the Financial Times published on... Spanish telecommunications company Telefonica SA has expressed interest in buying AT&T Inc's pay TV assets in Latin America, which could be valued at around $10 billion, according to people familiar with the matter.
Tags: american
eyes
sources
exclusive
Nortel Networks talks aim to end US$7 billion legal fight
2016-01-15 15:52:38| Telecom - Topix.net
Parties seeking a chunk of the US$7 billion raised from the liquidation of former telecommunications giant Nortel Networks started talks on Thursday aimed at ending one of the most complex and costly legal disputes in history. REUTERS: Parties seeking a chunk of the US$7 billion raised from the liquidation of former telecommunications giant Nortel Networks started talks on Thursday aimed at ending one of the most complex and costly legal disputes in history.
Boeing sets sights on $2 billion United small jets order: sources
2016-01-14 21:20:00| Airlines - Topix.net
United Airlines is close to deciding an order for about 30 small jets worth around $2 billion at list prices and Boeing looks well placed to win at least part of the deal after undercutting smaller rivals, industry sources said. A decision by the Chicago-based airline to pick Boeing's 737-700 jet would be a blow for Canada's Bombardier, which has courted United as a key prospect for its struggling CSeries, and potentially Brazil's Embraer as well.
Tags: order
united
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sources
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