Author: Bingborg Newsfeed

Bourse de Paris : Mamma mia !

A gauche, il y a l’Italie, à droite, il y a Trump. Le titre du dernier point hebdomadaire publié par Zonebourse est plus que jamais d’actualité. Mais force est de constater que depuis le début de la semaine, la crise politique qui secoue nos voisins préoccupe davantage la planète finance que le poker diplomatique du… Continue reading Bourse de Paris : Mamma mia !

Goodbye Cars, Hello Chips as Toyota Supplier Embraces Tech World

LISTEN TO ARTICLE SHARE THIS ARTICLE NSK Ltd. has been making transmissions and ball bearings for Japanese cars for half a century, but the 102-year old manufacturer is now undergoing a major shift as it supplies components critical to digital products and services. A photo illustration of NSK’s ball screws. Source: NSK Ltd. Sales of… Continue reading Goodbye Cars, Hello Chips as Toyota Supplier Embraces Tech World

Hyundai Is Spending $388 Million to Expand Alabama Engine Output

LISTEN TO ARTICLE SHARE THIS ARTICLE Hyundai Motor Co. will invest $388 million to expand and upgrade its engine manufacturing operations in Montgomery, Alabama, and create 50 new jobs. The Seoul-based automaker will spend about $40 million to build a new engine head machining facility that will be completed in November and operational by mid-2019,… Continue reading Hyundai Is Spending $388 Million to Expand Alabama Engine Output

Daimler Reboots Smart Car’s Management for Electric-Only Future

LISTEN TO ARTICLE SHARE THIS ARTICLE Daimler AG is changing top management at the maker of the tiny Smart car, part of the latest plan to overhaul a brand that’s always been an awkward fit for the world’s largest maker of luxury vehicles. Prompted by a strategic shift to electric vehicles, Annette Winkler will step… Continue reading Daimler Reboots Smart Car’s Management for Electric-Only Future

Volkswagen Opening Three New Factories in China to Handle SUV, Electric Boom

Volkswagen AG is opening three new factories in China with its local partner FAW Group as it steps up efforts to maintain leadership in the world’s biggest auto market. Two of the new facilities will be in Tianjin and Foshan, VW said in an emailed statement, adding it opened one in Qingdao on Monday. The… Continue reading Volkswagen Opening Three New Factories in China to Handle SUV, Electric Boom

India’s correlation with global markets approaches 10-year low

By Masaki Kondo and Kartik GoyalA shrinking correlation between financial markets in India and those in the rest of the world is one reason to buy its assets. The weighted average correlation of India’s currency, bonds and stocks with those in other global economies fell to 0.32 last month, approaching a more than 10-year low… Continue reading India’s correlation with global markets approaches 10-year low

World’s Best CEOs: 30 Leaders With Talent to Spare

Corporate America’s bottom line is growing fatter, fast. Big-company earnings per share swelled nearly 25% during the first quarter, the biggest gain since 2010. Global economic growth looks strong, too. Exceptional chief executives are preparing for tomorrow’s challenges by putting today’s cash windfall to good use. It’s no coincidence, then, that two themes stood out… Continue reading World’s Best CEOs: 30 Leaders With Talent to Spare

Fiat Chrysler Recalls 4.8 Million Cars Over Cruise-Control Flaw

LISTEN TO ARTICLE SHARE THIS ARTICLE Fiat Chrysler Automobiles NV recalled about 4.8 million U.S. vehicles to fix a software glitch that could keep a driver from being able to deactivate the cruise-control system. The Italian-American automaker advised customers driving select Ram pickups, Jeep SUVs and Chrysler and Dodge brand models to avoid using cruise… Continue reading Fiat Chrysler Recalls 4.8 Million Cars Over Cruise-Control Flaw