Fiat Chrysler Automobiles NV and Renault SA promise huge savings from a mega-merger, but such combinations face tall odds because of the industry’s long product cycles and problems translating deal blueprints into real world success, industry veterans told Reuters.
from Reuters: Business News https://reut.rs/2WdhFKp
Thursday, May 30, 2019
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FCA, Renault face tall odds delivering on cost-cutting promises in merger
Government borrowing in August highest since Covid
Higher spending on public services and benefits led to a rise in government borrowing, figures show. from BBC News https://ift.tt/ROndpUX
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