A worker checks cars on an assembly line at a Renault factory in France. Reuters
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.
Global shares climbed on Monday as investors snapped up automaker stocks following confirmation of merger talks between Fiat Chrysler and Renault, and after pro-EU parties kept a firm grip on power in elections to the European Parliament.
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.
Mariam Bint Mohammed Almheiri, Minister of Climate Change and the Environment, visited the Netherlands pavilion in the Sustainability District at Expo 2020 Dubai,
The India Pavilion at Expo 2020 Dubai has crossed yet another milestone by recording over 4 lakh footfalls in just 57 days since its inauguration on October 1 by Minister of Commerce & Industry,
Sharjah Publishing City Free Zone (SPC Free Zone), the first-of-its-kind hub for publishing, printing, and allied businesses in the creative industries,