11/10 - 17/10

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11/10 - 17/10

  1. 1. WEEKLY NEWS UPDATES(11/10 – 17/10)<br />Submitted by:<br />Prabhjotkaur<br />
  2. 2. Ford to sell down Mazada stakes to few percent<br />Ford Motor Co plans to sell almost all of its remaining stake in Mazda Motor Corp as it distances itself from the Japanese automaker it once controlled, a source with knowledge of the matter said on Saturday. <br />
  3. 3. US gives currency diplomacy another chance<br />The US Treasury's currency report delay suggests Washington wants to give diplomacy another chance to convince China it is in everyone's interest to speed up the yuan's rise.<br />
  4. 4. US launches investigation into Chinese policies on Green tech<br />The Obama administration has said that it will launch an investigating into Chinese policies and practices affecting trade and investment in clean energy technologies<br />
  5. 5. Bombardier to launch 2 new business jets<br />The company said on Saturday its new Global 7000 aircraft would feature a four-zone cabin and volume of 2,637 cubic feet (74.67 cubic meters). <br />
  6. 6. Bank of America to hire over 1000 people<br />Financial services major Bank of America will hire more than 1,000 people in the US, to boost its presence in the small businesses segment. <br />
  7. 7. US studying Australian internet security program<br />The US is reviewing an Australian program that will allow Internet service providers to alert customers if their computers are taken over by hackers and could limit online access if people don't fix the problem. <br />

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