Page 47 - Cong News Today

Western Digital Corp's talks to merge with Japanese chipmaker Kioxia Holdings Corp have stalled, according to two people familiar with the matter, highlighting challenges in completing deals in the evolving semiconductor sector.

The chair of the Washington Metropolitan Area Transit Authority (WMATA) board said on Wednesday that directors will retain outside safety advisers in the wake of last week's derailment, which that led to the indefinite removal of about 60% of the subway system's railcars.

Siemens is preparing a separation of its large drive applications (LDA) business, the German engineering and technology company said on Monday, confirming media reports.

Renewable energy storage firm Fluence Energy Inc said on Tuesday it is aiming to fetch a nearly $4 billion valuation in its U.S. initial public offering, as investor interest in such technologies soars alongside growing calls to limit climate change.

Mexican Foreign Minister Marcelo Ebrard on Tuesday defended his role in building a metro rail during his time as Mexico City mayor, a day after officials ordered 10 people and companies to face charges for the line's deadly collapse.

A U.S. House committee will hold a hearing on Thursday with the head of the Federal Aviation Administration (FAA) on its efforts to reform airplane certification following two Boeing 737 MAX crashes that killed 346 people.

The head of the U.S. National Transportation Safety Board (NTSB)said on Monday the agency may issue an "urgent recommendation" telling transit agencies to inspect Kawasaki train cars to make sure they do not have wheel set assembly issues like those found on one involved in an Oct. 12 derailment near Washington D.C.

Japan's new prime minister Fumio Kishida on Friday told reporters he had spoken with South Korean President Moon Jae-in urging an "appropriate" response on disputes including compensation for forced wartime labour.

Mexican petrochemical company Alpek, one of the largest producers of polyethylene terephthalate (PET) in the Americas, on Thursday said it will seek to eliminate net greenhouse gas emissions from its global operations by 2050.

U.S. Senator Elizabeth Warren called for breaking up Amazon.com Inc and Indian retailers demanded a government probe of the company after a Reuters investigation showed the e-commerce giant had copied products and rigged search results in India.