Hitachi moves to buy ABB's power grid unit for $7bn: report
Japan's Hitachi is moving to purchase the power grid business of Swiss engineering giant ABB for a deal worth as much as $7.05 billion, local media reported Wednesday.
Japan's Hitachi is moving to purchase the power grid business of Swiss engineering giant ABB for a deal worth as much as $7.05 billion, local media reported Wednesday.
Business
Dec 12, 2018
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An appeals court in Brazil on Monday overturned an order blocking a proposed $4.75 billion tie-up between US aerospace giant Boeing and the civilian business of Brazilian plane-maker Embraer.
Business
Dec 10, 2018
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Safety regulators are ordering that engine software be replaced on some Airbus passenger jets because of a problem that has caused pilots to abort several takeoffs in cold weather.
Automotive
Oct 10, 2018
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Chinese e-commerce giant Alibaba and Russian technology group Mail.ru on Tuesday said they would launch a joint e-commerce venture in Russia and former Soviet countries.
Business
Sep 11, 2018
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Chinese mobile service giant Didi Chuxing and Tokyo-based SoftBank Corp. have set up a joint venture for taxi-hailing in Japan.
Business
Jul 19, 2018
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India's newest airline Vistara said on Wednesday it had ordered 19 jets from Boeing and Airbus for a combined $3.1 billion as it prepares to launch international flights.
Business
Jul 11, 2018
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Airbus announced Tuesday a deal to sell US airline JetBlue 60 airplanes that were formerly part of Canadian manufacturer Bombardier's C series.
Business
Jul 11, 2018
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German industrial giant Thyssenkrupp said Friday it had finally agreed the merger of its steelmaking business with India's Tata, making the merged firm Europe's second biggest steelmaker.
Business
Jun 30, 2018
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Sweden has started construction on a factory that will test whether it's feasible to make steel without burning fossil fuels.
Energy & Green Tech
Jun 20, 2018
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Charging an electric car away from home can be an exercise in uncertainty—hunting for that one lonely station at the back of a rest-area parking lot and hoping it's working.
Energy & Green Tech
May 14, 2018
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