Sunday 28 August 2016
 
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Tesla wins US antitrust approval to buy SolarCity

Tesla Motors Inc has won US antitrust approval to buy solar panel installer SolarCity Corp, moving closer to its goal of creating a carbon-free energy and transportation company. The Federal Trade Commission said on Thursday that

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Tesla wins US antitrust approval to buy SolarCity

Tesla Motors Inc has won US antitrust approval to buy solar panel installer SolarCity Corp, moving closer to its goal of creating a carbon-free energy and transportation company. The Federal Trade Commission said on Thursday that

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VW to spend at least $1.2bn to compensate US dealers

Volkswagen has agreed to spend more than $1.2 billion to compensate its 650 US dealers for their losses from the German automaker's diesel emissions scandal, two sources briefed on the matter said on Thursday. The company and

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Upbeat US factory data suggests business spending stabilising

New orders for US manufactured capital goods rose for a second straight month in July as demand for machinery and a range of other products picked up, offering a tentative sign that a business spending downturn was starting to ease.

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Mexico-US air transport deal begins

An air transport deal between Mexico and the United States that aims to boost competition in the passenger and freight sectors came into force on Sunday, Mexico's Communications and Transport Ministry said. The deal, which mod

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Lockheed wins $10bn US defence contract: Pentagon

Lockheed Martin Corp has been awarded a $10 billion contract to support the C-130J aircraft production program, the Pentagon said on Friday. - Reuters

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HeidelbergCement sells US assets for $660m

German cement and aggregates producer HeidelbergCement has agreed to sell assets in the United States to fulfill anti-trust requirements for its takeover of Italcementi, it said on Thursday. HeidelbergCement said it has agreed to

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US government shifts $81 million to Zika vaccine research

The US Department of Health and Human Services has shifted $81 million in funds from other projects to continue work on developing vaccines to fight Zika in the absence of any funding from US lawmakers. In a letter addressed to Na

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US approves $1.15bn sale of tanks, equipment to Saudi Arabia

The US State Department has approved the potential sale of more than 130 Abrams battle tanks, 20 armoured recovery vehicles and other equipment, worth about $1.15 billion, to Saudi Arabia, the Pentagon said on Tuesday. The approva

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Equate unit starts work on new facility in US

Kuwait-based Equate Petrochemical Company has continued its global growth through its wholly owned subsidiary MEGlobal with the launch of work on a new world-scale ethylene glycol (EG) manufacturing facility in Freeport, Texas, US.

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