EU News Digest Latest News & Updates
Jason Alden | Bloomberg | Getty Images A General Electric (GE) GEnx next generation jet engine sits on display in the GE Aviation Systems LLC chalet on the opening day of the 51st International Paris Air Show in Paris, France. Private equity giant Apollo Global Management is reportedly having discussions …
Read More »Record number of black directors among 2018’s top films
Kevin Mazur | Getty Images SANTA MONICA, CA – MARCH 03: Directors Ava DuVernay (L) and Spike Lee pose during the 2018 Film Independent Spirit Awards on March 3, 2018 in Santa Monica, California. Hollywood’s record-breaking year at the box office wasn’t the only noteworthy thing about 2018. Of the …
Read More »Nissan’s Ghosn to make first public appearance in 7 weeks in court on Tuesday
Issei Kato | Reuters Passersby are silhouetted as a huge street monitor broadcasts news reporting ousted Nissan Motor chairman Carlos Ghosn’s indictment and re-arrest in Tokyo, Japan December 10, 2018. Ousted Nissan chairman Carlos Ghosn is set to make his first public appearance in seven weeks at a Tokyo court …
Read More »Hudson’s Bay chairman’s firm to buy Ontario pension fund stake in retailer
Rick Madonik | Toronto Star | Getty Images Saks Fifth Avenue is poised to open in Toronto as the company takes over the former Hudson Bay Company flagship store at Queen Street and Yonge Street in downtown Toronto. An entity controlled by Hudson’s Bay Chairman Richard Baker will buy the …
Read More »Tesla to start delivering Model 3 to China buyers in March
Stephen Lam | Reuters A parking lot of predominantly new Tesla Model 3 electric vehicles is seen in Richmond, California, U.S. June 22, 2018. Tesla said on Friday it plans to start delivering Model 3 cars to customers in China in March, cementing a time frame that the U.S. electric …
Read More »Southwest Airlines founder Herbert Kelleher dies at age 87
Pam Francis | Getty Images Herb Kelleher, Southwest Airlines co-founder and former CEO Southwest Airlines founder and chairman emeritus Herbert D. Kelleher passed away on Thursday at the age of 87, the company announced. “Herb was a pioneer, a maverick, and an innovator,” the company said in a statement. “His …
Read More »Bristol-Myers Squibb shares fall on $74 billion Celgene acquisition
Georges Gobet | AFP | Getty Images Tablets are pictured on the production line of Bristol Myers Squibb’s pharmaceutical plant of French group UPSA. Bristol-Myers Squibb is making a $74 billion bet — and investors aren’t pleased. The New York-based pharmaceutical giant on Thursday said it would acquire Celgene, a …
Read More »China annual auto sales fall for first time in about two decades
Fred Dufour | AFP | Getty Images This picture taken on November 22, 2018 shows vehicles at a Hongqi car dealer in Beijing. Auto sales in China fell 3 percent in 2018 — their first decline in about two decades and a mild introduction to even more pain coming for …
Read More »United Airlines bans emotional-support puppies and kittens
Richard Atrero | Anadolu Agency | Getty Images A dog is seen on the lap of its owner in a plane in Chiba, Japan on January 27, 2017. United Airlines will no longer accept emotional-support kittens and puppies under four months of age and will ban emotional-support animals outright on …
Read More »Coffee startup Luckin plans to overtake Starbucks in China this year
Wang Zhao | AFP | Getty Images A deliveryman carrying bags of coffee walks out a Luckin Coffee in Beijing on August 2, 2018. Chinese coffee startup Luckin is aiming to open 2,500 new stores this year and overtake Starbucks as the largest coffee chain by number of outlets in …
Read More »