Corporate

Rivals Airbus and Dassault Aviation have struck a deal to develop and produce Europe’s next generation of fighter aircraft. Franco-German Airbus is part of the consortium behind Eurofighter, while France’s Dassault makes the Rafale jet. The...

The board of Irish pharmaceutical company Shire will recommend a new o46 billion ($64 billion) takeover bid by Japanese firm Takeda to its shareholders, it said in a statement released on Tuesday night. The decision comes...

Elias Zerhouni, M.D., Head of Global Research and Development will retire from Sanofi on June 30th, 2018, after more than 9 years of distinguished service with the company. He will be succeeded in the post by...

Huawei Consumer Business Group has launched a new superstar smartphone HUAWEI nova 3e in Bangladesh which fuses high-end design and performance advances with exceptional value. This uniquely featured smartphone is specifically designed for dynamic, young professionals...

Careem, the Middle East ride-hailing app, said on Tuesday it would appeal after a Jordanian court banned its services in the capital Amman. Jordan’s telecommunications regulator said in a statement on its website that the app...

Not content to stop at slipping packages inside customers’ front doors, Amazon.com Inc on Tuesday started a new program to deliver packages to its members’ parked cars. The world’s largest online retailer is rolling the program...

Capita has reported a £513.1m annual loss as the outsourcing firm set out plans to revive its indebted business. Capita’s profit was wiped out by £850.7m of one-off costs, mainly from writing down the value of...

General Motors Co’s (GM) South Korean unit dropped a plan to consider filing for bankruptcy after winning concessions on pay, bonuses and benefits from its labor union in a tentative deal reached on Monday. The deal...

Chinese ride-hailing firm Didi Chuxing on Monday began offering its service in the Mexican city of Toluca, the company said, setting up a potentially costly battle with rival Uber Technologies Inc in a key Latin American...

Volvo Trucks plans to share battery technology across its brands to tame development and production costs for the crucial but expensive component, as the world’s second-largest truck maker ramps up electric offerings, the company said. As...