News Highlights: Top Company News of the Day
January 15 2018 - 9:15PM
Dow Jones News
Apple and Tencent Reach Deal to Let WeChat Users Dole Out Tips
Apple and Chinese technology giant Tencent have settled their
tiff over tips, allowing users of Tencent's popular WeChat
messaging app to resume giving monetary gifts to their favorite
video-streaming stars and content creators.
Lego Clicks With China's Tencent to Develop Online Games
Lego is joining forces with Chinese internet giant Tencent to
jointly develop online games for children in China, the latest move
by the Danish toy maker to increase its focus on digital
content.
Carillion Fails, Forcing Government to Step In
Carillion, one of the U.K. government's biggest contractors, is
to be wound down, renewing a political debate in Britain over the
role of private-sector companies in the delivery of public
services.
Airbus Pumps Out Record Number of Jets in 2017
Boeing and Airbus both built more jets last year than ever, but
not enough to lessen their backlogs. The delivery frenzy has been a
boon to both planemakers but it has strained manufacturing and
supply lines around the world.
VW to Invest $3.3 Billion in North America
Volkswagen plans to invest more than $3.3 billion in North
America through to 2020, in a bid to boost sales of its brand in
the region.
Watch Where the Money Goes After SoftBank Telco IPO
The Japanese tech conglomerate is considering listing its
cash-cow domestic telecoms unit. That should help boost its
valuation, but investors should watch it doesn't waste the money
raised
SoftBank Explores $18 Billion Listing of Telecoms Business
The Japanese conglomerate is considering listing roughly 30% of
its cellphone unit on the Tokyo Stock Exchange, as well as a
separate listing overseas, possibly in London.
Airbus Seeks Resolution to Germany Corruption Probe
The European plane maker said it is seeking to bring to a close
a corruption case in Germany involving the export of combat
aircraft and that it has suffered an unrelated legal setback in
Taiwan.
Ford Increasing Electric Vehicle Investment
A top Ford Motor executive said the company will now spend $11
billion on electrified vehicles through 2022, increasing its
previous estimates as it races to catch up on battery-powered
cars.
Senior Lenders Win Auction for GST AutoLeather
Bankrupt GST AutoLeather has been auctioned off for $172 million
to its senior secured lenders, a group that includes private equity
and hedge fund firm Black Diamond Capital Management.
(END) Dow Jones Newswires
January 15, 2018 21:00 ET (02:00 GMT)
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