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By Diane Bartz WASHINGTON (Reuters) – German carmakers BMW, Audi and Mercedes have won U.S. antitrust approval to buy Nokia’s maps business for around 2.5 billion euros ($2.8 billion), the Federal Trade Commission said on Wednesday. The deal, which was announced in early August, was on the FTC’s list of uncontroversial transactions which won approval from the FTC or the Justice Department. Germany’s three premium carmakers will hold equal stakes
By Diane Bartz WASHINGTON (Reuters) – German carmakers BMW, Audi and Mercedes have won U.S. antitrust approval to buy Nokia’s maps business for around 2.5 billion euros ($2.8 billion), the Federal Trade Commission said on Wednesday. The deal, which was announced in early August, was on the FTC’s list of uncontroversial transactions which won approval from the FTC or the Justice Department. Germany’s three premium carmakers will hold equal stakes
The Federal Aviation Administration on Wednesday named two new officials to lead its effort to incorporate commercial unmanned aerial systems, or drones, into the U.S. airspace. Hoot Gibson, an aviation expert who has been involved in development of a next-generation air transportation system for the United States, was named as the agency’s UAS integration senior advisor — a new position responsible for external outreach, education and interagency initiatives. A former
The Federal Aviation Administration on Wednesday named two new officials to lead its effort to incorporate commercial unmanned aerial systems, or drones, into the U.S. airspace. Hoot Gibson, an aviation expert who has been involved in development of a next-generation air transportation system for the United States, was named as the agency’s UAS integration senior advisor — a new position responsible for external outreach, education and interagency initiatives. A former
By Harro Ten Wolde and Nadine Schimroszik BERLIN (Reuters) – China’s Huawei Technologies [HWT.UL] unveiled a new smartphone on Wednesday, taking aim at the high end of the market, which is dominated by Apple and Samsung Electronics. The Mate S, launched on the sidelines of Europe’s biggest consumer electronics show, IFA, in Berlin, has a 5.5-inch display, a 13 mega pixel rear camera and fingerprint security. Huawei says it is
By Harro Ten Wolde and Nadine Schimroszik BERLIN (Reuters) – China’s Huawei Technologies [HWT.UL] unveiled a new smartphone on Wednesday, taking aim at the high end of the market, which is dominated by Apple and Samsung Electronics. The Mate S, launched on the sidelines of Europe’s biggest consumer electronics show, IFA, in Berlin, has a 5.5-inch display, a 13 mega pixel rear camera and fingerprint security. Huawei says it is
The greatest late-season surge in a quarter century is already in the books for the oil market. Through Monday, crude had its best three-day percentage gain since Iraq’s invasion of Kuwait in August 1990.
Its esteemed ministers don’t seem to understand the most basic rules of economics.
Its esteemed ministers don’t seem to understand the most basic rules of economics.
U.S. stocks advanced, trying to recover from the worst start to a September in 13 years, as investors eyed calmer global markets and domestic data.
