Cyclical Consumer Goods


Qualcomm to buy NXP Semiconductors for enterprise value of $47 bln

Oct 27 Qualcomm Inc said on Thursday it had agreed to buy NXP Semiconductors NV for an enterprise value of about $47 billion, as it seeks to expand the reach of its chips from phones to cars.

4:05pm IST

UK secured Nissan investment with Brexit relief promise - source

PARIS, Oct 27 Britain has given Nissan a written commitment of extra support in the event that Brexit reduces the competitiveness of its Sunderland plant, in return for new production investments by the Japanese carmaker, a source with knowledge of the matter told Reuters.

4:02pm IST

May: Nissan decision on Qashqai a vote of confidence in Britain

LONDON, Oct 27 Nissan's decision to build its new Qashqai model at its Sunderland plant is a vote of confidence that shows Britain is open for business after its vote to leave the European Union, Prime Minister Theresa May said on Thursday.

3:52pm IST

Nissan confirms decision to build new model in UK despite Brexit

LONDON, Oct 27 Japanese carmaker Nissan said it will build its new Qashqai model at Britain's biggest car plant, confirming a report from Reuters, marking the first major investment from the autos-industry since the UK voted to leave the EU.

Regulatory News, Japan 3:42pm IST

UPDATE 1-Nissan opts to build new model in Britain despite Brexit -source

LONDON, Oct 27 Japanese carmaker Nissan will build its new Qashqai model at Britain's biggest car plant in Sunderland, a company source told Reuters on Thursday, in a major boost to Prime Minister Theresa May just months after voters backed Brexit.

Regulatory News, Japan 3:38pm IST
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Ousted Tata boss's hostile defence takes boardroom battle public

NEW DELHI Days after he was ejected as chairman of Tata Sons, Cyrus Mistry has stunned India with a hostile 5-page letter outlining governance failures, poor decisions and looming writedowns at one of the country's most revered conglomerates.