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.
UAE to invest up to $50 billion in Canada's AI and energy sectors
The UAE will invest up to $50 billion in Canada under a framework that includes projects in artificial intelligence, energy and mining sectors.
Trump signs order to remove tariffs from Brazilian food products
US President Donald Trump on Thursday has removed his 40 per cent tariffs on Brazilian food products, including beef, coffee, cocoa and fruits that were imposed in July following the prosecution of former president Jair Bolsonaro.
G42 receives US approval for advanced AI chip exports
G42 has welcomed the White House’s decision to authorise the export of advanced AI semiconductors to the Abu Dhabi-based AI company.
UAE's CEPA talks with Japan and EU enter advanced stage
The UAE's negotiations on Comprehensive Economic Partnership Agreements (CEPA) with Japan and the European Union are now in advanced stages.
Project to convert waste to sustainable aviation fuel set for Abu Dhabi launch
A new plant to convert waste into Sustainable Aviation Fuel (SAF) will be developed in Abu Dhabi, under a new partnership between Masdar and Tadweer Group.
