Sectors
Volkswagen pacifying angry US customers with gifts
German automobile giant Volkswagen is changing gears to lead the organization on damage control path to appease its angry customers. The image of Volkswagen has severely been damaged on the fallout of its attempt to cheat customers and the US government over emission standards.
GE and Alstom get $5.6 billion deals to build India railways
General Electric Co. and Alstom have won contracts from India's state owned rail company worth a combined of $5.6 billion to supply and service diesel locomotives as the country works to modernise its infrastructure. The contracts are also the biggest deal to be awarded by India to foreign firms.
Blackberry returns with PRIV- the most secured Android smartphone?
Blackberry, a global leader in mobile communications, confirmed that its first ever smartphone powered by Android PRIV is now commercially available at AT&T retailers in North America including carrier partners in Canada i.e. Bell, Rogers, SeskTel, Tellus and Wind.
Ford to invest $9B in US plants
As part of the labor agreement, the US automobile major Ford has decided to invest $9 billion in plants located in North America. Similarly, General Motors (GM) has also assured the labor union on investment of $1.9 billion and Fiat Chrysler to invest $5.3 billion as part of the contracts signed with the labor union.