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Ford declined to comment on the confidentiality agreement or whether CAOA had been the one to sign it. CAOA did not immediately respond to a request for comment. Negotiations are not final, but it is a sign that the two companies are closer to reaching a deal, the source said cufflinks personalized. Brazil has long been South America’s automaking hub and has led many brand name global carmakers to set up shop here. But CAOA is the rare company that is actually domestically owned. It currently produces cars for Hyundai and owns a 50 percent stake in China’s Chery operation in Brazil, which led to the rebranding of the cars as CAOA Chery..

NEW DELHI (Reuters) – Indebted Indian carrier Jet Airways will pay December salaries to pilots and aircraft maintenance engineers but for now cannot pay more recent overdue wages, its chief executive said on Saturday after pilots threatened to strike over payment delays. Jet Airways has delayed payments to pilots, suppliers and lessors for months and defaulted on loans after racking up more than $1 billion in debt. The airline blamed its problems on high oil prices and rising competition cufflinks personalized. Lessors have grounded more than three dozen Jet Airways planes, forcing hundreds of its flights to be canceled..

The airline was bailed out on Monday here by state-run banks, which have temporarily taken a majority stake in the company and given it a loan, under a government-led rescue deal cufflinks personalized. “These are complex processes and it has taken longer than we had expected and as such we are only able to remit your remaining salary for December 2018,” Chief Executive Vinay Dube told employees in a letter seen by Reuters, adding the company was working as fast as possible to resolve its debt issues. “We realize that this remittance does not lift the financial hardship that each of you are facing and we do not take your sacrifices for granted,” he added..

BRUSSELS (Reuters) – German carmaker Daimler has complained to EU antitrust regulators about Nokia patents essential to car communications, a move underlining the tensions between tech companies and the car industry on the use of key technologies. Tech companies and mobile telecoms providers are playing an increasingly important role in the auto industry, with their technologies used in navigation systems, vehicle-to-vehicle communication and self-driving cars cufflinks personalized. Daimler confirmed that it had lodged a complaint with the European Commission against Nokia..

“We want clarification on how essential patents for telecommunications standards are to be licensed in the automotive industry,” the car maker said in a statement on Saturday. “Fair and non-discriminatory access to these standards for all users of the essential patents for telecommunications standards is a key prerequisite for the development of new products and services for connected driving.” cufflinks personalized. The European Commission confirmed receipt of Daimler’s complaint. Nokia said Daimler was seeking to side-step taking out licenses..