Currency traders work at the foreign exchange dealing room in Seoul, South Korea, on Monday. Associated Press
Renault’s board of directors will meet Tuesday to formulate its response to a merger proposal by Fiat Chrysler, which is likely to lead to talks aimed at creating the world’s third-largest automaker, the company said.
Fiat Chrysler has made a “transformative” all-share merger proposal to French rival Renault, the Italian-American carmaker said on Monday, in a deal to create a new third-ranked global manufacturer.
Fiat Chrysler and Renault are in talks on a comprehensive global tie-up that could address some of the main weaknesses of both carmakers, two sources with knowledge of the discussions told Reuters.
Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
Abu Dhabi International Airport has launched a new initiative for international transfer passengers, facilitating shorter connection times by increasing the speed of transiting through the airport by 27 per cent, delivering an enhanced and seamless passenger experience.
The fast-growing business opportunities in education, advanced technology and agriculture, among many others, in Sharjah’s expanding investment ecosystem were showcased recently at an interactive business webinar
The Abu Dhabi National Exhibitions Company (Adnec), part of ADQ, has acquired the International Exhibition for National Security and Resilience (ISNR Abu Dhabi). The leading conference in the Mena region that covers the security equipment sector,