Fiat Chrysler and PSA have confirmed that they're in talks over a potential merger.
Should the talks go through, they'll end up creating one of the world’s leading auto makers.
Earlier this summer Fiat let go of a proposed merger with French rival Renault.
Board members at PSA, which owns Peugeot, will meet on Wednesday to discuss the potential deal.
Trump says he will raise tariff on autos from EU to 25%
US President Donald Trump said on Friday he would increase tariffs on cars and trucks from the European Union to 25 per cent next week, saying the bloc had not complied with its trade deal with Washington.
UAE–South Korea CEPA comes into force on May 1
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and South Korea will officially enter into force on May 1, 2026.
Meraas awards AED 2.4 billion in construction contracts for 'The Acres'
Meraas, a member of Dubai Holding Real Estate, has awarded AED 2.4 billion in main construction contracts for new phases of its flagship villa developments, The Acres and The Acres Estates, in Dubailand.
Bangladesh set to sign Boeing jet deal, shifting from Airbus
Bangladesh is set to sign a deal on Thursday to buy 14 aircraft from US planemaker Boeing, officials said, a move that marks a shift away from Europe's Airbus amid trade pressure from Washington.
Sunny intervals
High: 36°C | Low: 26°C
Sunny intervals
High: 38°C | Low: 27°C
Sunny intervals
High: 39°C | Low: 26°C
