MILAN (Reuters) – Auto parts maker Marelli will consult unions on a plan announced this week to shut one of its plants producing components for internal combustion engines (ICE) hit…
CCP-Linked Battery Maker Eligible For $7.5 Billion In Biden Bucks, Analysis Finds Nick Pope on September 19, 2023 A company linked to the Chinese Communist Party (CCP) could ultimately receive…
By Abigail Summerville, Echo Wang and Anirban Sen NEW YORK (Reuters) – New Era Cap LLC, a supplier of major U.S. sports league headware, has kicked off preparations for an…
(Reuters) -Amer Sports, the maker of Wilson tennis rackets and Salomon ski boots, has confidentially filed for a U.S. initial public offering (IPO) that could value the group at as…
By Abigail Summerville NEW YORK (Reuters) – MaryRuth Organics LLC is exploring options including a sale that could value the maker of health supplements at nearly $1 billion, including debt,…
(Reuters) – Jif peanut butter maker J.M. Smucker on Tuesday raised its annual profit forecast on higher prices of its jams, jellies and pet food products as well as moderating…
By Brendan Pierson (Reuters) – GenBioPro Inc, which sells a generic version of the abortion pill mifepristone, has lost a bid to overturn West Virginia’s near-total ban on abortion. U.S.…
(Reuters) – Pet food company Freshpet Inc said on Monday it has reached an agreement with Jana Partners and appointed Timothy McLevish, one of the activist investor’s director nominees, to…
(Reuters) – Electric-vehicle maker Canoo posted a smaller-than-expected quarterly loss on Monday on lower research and development costs, sending its shares up 2% in extended trading. The company also unveiled…
North Korea Gov’t Group Hacked Russian Missile Maker, Despite Kim’s Promise Of ‘Full Support’ To Putin: REPORT Jake Smith on August 7, 2023 North Korean espionage groups hacked a major…
By Brendan O’Boyle MEXICO CITY (Reuters) – Auto parts maker Vimercati will invest $200 million to open a plant in the northern Mexican state of Nuevo Leon, the state’s governor,…
(Reuters) – Ball Corp fell short of Wall Street estimates for second-quarter revenue on Thursday as the world’s largest supplier of beer cans was hit by sales disruption at a…
By Divya Rajagopal and Gilles Guillaume TORONTO/PARIS (Reuters) – Automotive Cells Co (ACC) is in early talks with officials in Canada and the United States on setting up a battery…
MEXICO CITY (Reuters) – Mexican distiller Becle, the world’s largest tequila producer, said on Friday that it maintained its guidance of annual sales in the high single digits on a…
ZURICH (Reuters) -Holcim said on Thursday it expects to set another record for sales from North America this year as the world’s biggest cement maker goes after new business resulting…
(Reuters) – Anheuser-Busch InBev, whose Bud Light sales have recently slumped in the United States, will lay off hundreds of corporate staff in the country, CNN reported on Wednesday citing…
MILAN (Reuters) – Stellantis head Carlos Tavares said on Wednesday that the profitability of Tesla was declining as the rival U.S. automaker entered the real world of manufacturing and competition.…
SAO PAULO (Reuters) – Brazilian motor maker WEG SA reported a 50% jump in net profit, saying that “good demand” in the main regions where it operates helped it post…
(Reuters) -French car maker Renault on Wednesday said its worldwide sales rose 13% in the first six months of the year, with a 24% increase in Europe. Renault, which raised…
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Alani Nu, the energy drinks and snack maker founded by personal trainer and social media influencer Katy Hearn, is exploring…
By Marie Mannes STOCKHOLM (Reuters) -Swedish mining equipment maker Epiroc expects to benefit from continuing high demand in the near term, it said on Tuesday as it posted better than…
(Reuters) -Barry Callebaut, the world’s biggest chocolate maker, on Thursday reported lower nine-month sales volumes than a year ago as customer demand dropped in an inflationary environment. Barry Callebaut’s volumes…
(Reuters) – Nikola Corp will start liquidating the assets of battery maker Romeo Power, the electric truck maker said on Monday, less than a year after buying it. The company,…
By Jonathan Stempel (Reuters) – Wrigley, the maker of multi-colored fruit-flavored Skittles candies, has settled a lawsuit accusing a seller of cannabis-related merchandise of trademark infringement for marketing products under…
By Jan Lopatka PRAGUE (Reuters) – Cyanide maker Draslovka is considering an equity fundraising worth hundreds of millions of dollars support the roll out of new technology that could help…