USA Justice wants information from car manufacturers

The US Department of Justice has filed requests for information from four automakers about an agreement that they concluded with the state of California on emissions standards. The insiders reported this to Bloomberg news agency. This…

Xerox has approached HP for acquisition

The American copier and printer manufacturer Xerox is considering a billion-dollar bid for computer and printer manufacturer HP. This is reported by business newspaper The Wall Street Journal based on insiders. A deal would merge two of the…

Unilever no longer advertises on porn sites

Unilever does not object to placing advertisements on porn sites. The care and food producer reported this to the BBC after a fuss arose in the UK about the advertisements of Unilever daughter Dollar Shave Club on Pornhub, a kind of YouTube…

Is Saudi Aramco worth the hype?

With the long-awaited IPO of Saudi Aramco later this year, a huge player is entering the stock markets. Aramco posted a net profit of nearly 100 billion euros in 2018 and now hopes for a total stock market value of 2000 billion dollars. For…

Higher costs depress Air France-KLM profit

Airline company Air France-KLM closed the important third quarter of the year with a lower profit. Higher personnel and fuel costs and expenses for phasing out the Airbus A380, among other things, depressed the result. The company did…