HANOI (Reuters) – The United States International Development Finance Corporation (DFC) has signed a letter of interest with electric vehicles maker VinFast to consider the Vietnamese company’s application for a …
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By Sam Nussey and Miho Uranaka TOKYO (Reuters) – Japanese robot maker Yaskawa Electric is considering investing around $200 million in the United States, its president said, with an eye …
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By Jeffrey Dastin, Anna Tong, Samrhitha A and Krystal Hu (Reuters) – The board of the company behind ChatGPT on Friday fired OpenAI CEO Sam Altman – to many, the …
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(Reuters) – Crop protection products maker FMC Corp has launched a strategic review of its non-core assets, including a potential sale of its non-crop business. A slowdown in demand for …
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OSLO (Reuters) – Swedish truck maker Scania will switch to using steel made without carbon emissions in its heavy-duty vehicles before the end of the decade, it said on Monday. …
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ENOLA, PA — Cupboard Maker Books, a Pennsylvania bookstore, recently lost a cherished member, Zak, their resident cat. For three years, Zak was a familiar and comforting presence for patrons …
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By Steven Scheer JERUSALEM (Reuters) – Israeli start-up StoreDot said on Thursday Polestar Automotive will be the first automaker to incorporate its fast-charging battery cells, which can be recharged almost …
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COPENHAGEN (Reuters) – Danish jewellery maker Pandora reported a smaller than expected drop in third-quarter profit on Wednesday as more shoppers came to its stores, and raised its full-year sales …
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FRANKFURT (Reuters) – Chinese electric vehicle giant BYD plans to build its first European car factory in Hungary, a German newspaper reported on Saturday. The Frankfurter Allgemeine Sonntagszeitung (FAS), citing …
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(Reuters) – Church & Dwight lifted its annual net sales forecast for a third time this year on Friday, boosted by high prices as well as strong demand for its …
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(Reuters) – TE Connectivity beat Wall Street expectations for fourth-quarter profit on Wednesday as demand for its sensor technology was buoyed by steady sales of electric vehicles (EVs) across the …
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(Reuters) – Italian scooter manufacturer Piaggio reported a 13.8% jump in its nine-month core profit on Monday, as strong performance in the Americas and Europe, Middle East and Africa (EMEA) …
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CCP-Linked Battery Maker Eligible For US Taxpayer Subsidies, Executive Says Nick Pope on October 26, 2023 An executive of a Chinese Communist Party (CCP)-linked battery manufacturer said Wednesday that his …
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Jet engine maker CFM says more than half of engines with suspect parts have been removed from service
by ReutersBy Rajesh Kumar Singh CHICAGO (Reuters) -Jet engine maker CFM International said on Tuesday more than half of the 145 engines suspected, thus far, of containing falsely documented parts from …
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SHANGHAI (Reuters) – China’s Great Wall Motor said it had formally submitted responses to the European Commission’s anti-subsidy investigation of Chinese-made electric vehicles (EVs), while calling for a fair and …
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By Nick Carey LONDON (Reuters) – British electric truck maker Tevva has “re-engaged” with a number of possible merger partners following ElectraMeccanica’s decision earlier this month to cancel their planned …
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By Giulio Piovaccari TRAVAGLIATO, Italy (Reuters) – Idra, an Italian aluminium casting machine maker and Tesla supplier, has added Ford, Hyundai and a European company to its customer base as …
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By David Carnevali and Anirban Sen NEW YORK (Reuters) – PGT Innovations Inc, a U.S. maker of vinyl and aluminum doors and windows, rebuffed a $1.9 billion acquisition offer from …
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Chinese EV maker Xpeng says vice president suspended for investigation related to corruption
by ReutersBEIJING (Reuters) – Chinese electric vehicle maker Xpeng said its vice president Li Feng has been suspended for an investigation related to corruption, according to a company statement on Tuesday. …
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(Reuters) – McCormick on Tuesday raised its annual profit forecast as it expects higher prices for its spices and condiments to make up for slowing demand and a sluggish recovery …
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(Reuters) – Peloton Interactive and Lululemon Athletica said on Wednesday they had entered into a five-year global partnership, sending Peloton’s shares up 16.7% in aftermarket trading. Under the deal, Peloton …
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By Abigail Summerville (Reuters) – Private equity firm Wind Point Partners is exploring a sale of Gehl Foods LLC that could value the U.S. manufacturer of dairy-based products at over …
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By Paul Sandle LONDON (Reuters) – Candy Crush Saga, the matching game played by millions on their commute, has reached $20 billion in revenue since its 2012 launch, maker King …
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By Chibuike Oguh NEW YORK (Reuters) – Shares of electric-vehicle startup Fisker Inc rose by more than 20% on Tuesday after the company reaffirmed its plan to increase deliveries of …
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(Reuters) -Coty on Monday launched a global offering of 33 million shares and said it had submitted an application for dual listing of its shares on the Paris Stock Exchange. …