Microsoft unveils its new console. The Xbox Series X will be released in late 2020, when the Sony PlayStation 5 will also be released. Its introductory price is still unknown. Microsoft promises that this machine will be eight times more powerful than the current Xbox One. The Series X will be able to display 4K images, and will even be able to go up to 8K when compatible TVs are on the market.
The A350 in the Antipodes. Qantas has selected Airbus as its preferred supplier for its project to build the world's longest commercial route between Sydney and London with A350-1000 aircraft. A dozen of these very large aircraft could be ordered with the objective of a first commercial flight in 2023. The A350 defeated the Boeing B777-8.
Go East. Delivery Hero will buy the Korean company Woowa for USD 4 billion. The German group's objective is to expand into an Asian market in which other players, such as Uber Eats, are already positioned. South Koreans are big fans of meal delivery, a market that weighs as much on their country as those of Germany and Japan combined!
Nailed to the ground. Boeing has taken note of the FAA's position on the B737 MAX, which will not fly this year, without giving an estimate of the resumption of flights at this time. Rumor has it that February is now the month. The situation, in addition to costing the industrial company astronomical sums, poses serious production problems.
Stock market battle. Hoya Corporation will attempt to buy its compatriot NuFlare for JPY 148 billion (about USD 1.35 billion), in an attempt that contravenes Toshiba's plans to delist its subsidiary. Hoya's proposal is denominated at JPY 12,900 per share, compared to 11,900 for Toshiba, which owns 52.4% of the capital but whose proposal is being criticized by NuFlare shareholders. The counter-offence is considered hostile in a Japanese market that is not used to unsolicited proposals.
Index changes. During its December review, Euronext listed Prosus instead of Takeaway in the AEX in Amsterdam. Takeaway joins AMX at the expense of TomTom, who ends up in AScX with Vivoryon, by chasing NIBC.
In other news. Oracle published results in line with expectations, but the stock was losing some ground after the American closing. Advent is reportedly leave Lululemon's capital. Broadcom expects its results to rebound in 2020. The FTC has Facebook in its sights again, this time to prevent further integration of its successful Instagram and WhatsApp applications. Swiss Prime Site sells the Tertianum group to Capvis. A positive Phase III study for Roche with Tecentriq.