Category: News

LVMH-Tiffany deal seen as uncertain: WWD

French luxury goods group LVMH's board called a meeting in Paris to discuss its US$16.2-billion offer for Tiffany & Co amid a deteriorating situation in the U.S. market, fashion trade publication WWD reported https://wwd.com/business-news/mergers-acquisitions/lvmh-tiffany-deal-seen-as-uncertain ...
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Wells Fargo stops giving loans to most independent car dealerships

REUTERS: Wells Fargo & Co will stop providing loans to a majority of its independent auto dealer customers due to the economic challenges brought on by the COVID-19 pandemic, a spokeswoman said on Tuesday. "We are doing everything we can to help customers weather the economic impacts of this ...
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US board urges helicopter manufacturers to add crash-data recorders

The National Transportation Safety Board (NTSB) on Tuesday urged six major manufacturers to equip turbine-powered helicopters with crash-resistant systems to record data, audio and images, after former NBA star Kobe Bryant and eight others were killed in a helicopter crash in January.
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Combat 5G COVID-19 fake news, urges Europe

BRUSSELS: European Union (EU) nations banking on 5G to boost economic growth are eager to tackle conspiracy theories linking the wireless technology to the spread of the novel coronavirus that have seen masts torched in several places. According to telecoms lobbying groups ETNO and GSMA, such ...
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