Top officials at the assembly line of ‘Fiat 500’ in Turin, Italy. Agence France-Presse
Fiat Chrysler Automobiles (FCA) said that new US pickup truck models would help the automaker achieve its 2019 profit targets and offset a weak performance in the first quarter. Sticking to its previous forecast, which calls for a full-year 2019 adjusted pre-tax profit of more than 6.7 billion euros ($7.48 billion),
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.
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.
China’s foreign exchange reserves fell $9 billion in November to $3.096 trillion, central bank data showed on Saturday, as Washington and Beijing remained locked in negotiations over an interim trade agreement.
Dubai Silicon Oasis Authority (DSOA) the regulatory body for Dubai Silicon Oasis (DSO) an integrated free zone technology park, and Finsa, a Spanish industrial company, celebrated the inauguration of Finsa Middle East’s
Expo Centre Sharjah (ECS) reviewed the Centre’s prominent economic events. The Expo Centre Sharjah (ECS) highlighted its remarkable participation within the Sharjah Chamber of Commerce and Industry’s (SCCI)
Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, has commended the opening of a major infrastructure project - Maafaru International Airport, located on one of the islands of the Noonu Atoll in the Maldives.