Millionaire Maker and Shaq Scratch-Off lead big wins for New Jersey players
TRENTON, NJ — A $2 million win on the Millionaire Maker Scratch-Off game topped an exciting week of big lottery wins across New Jersey, with players claiming significant prizes on several Scratch-Off…
Truck maker Scania to switch to zero-carbon steel by 2030
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. Scania, owned…
Pennsylvania’s Cupboard Maker Books Mourns Beloved Tik Tok Feline, Zak
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 and staff,…
Polestar the first EV maker to incorporate StoreDot’s fast-charging batteries
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 to full…
Jewellery maker Pandora raises sales forecast after Q3 profit beat
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 outlook, sending…
China EV maker BYD to build first Europe plant in Hungary -FAS
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 unnamed sources…
Condom maker Church & Dwight lifts sales forecast again on steady demand, higher prices
(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 household and…
Sensor maker TE Connectivity beats profit target on steady demand from EV makers
(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 globe. Customers…
Vespa maker Piaggio posts record nine-month profit
(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) regions offset…
CCP-Linked Battery Maker Eligible For US Taxpayer Subsidies, Executive Says
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 firm is…
Jet engine maker CFM says more than half of engines with suspect parts have been removed from service
By 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 a UK…
China’s Great Wall Motor is first EV maker to respond to EU anti-subsidy probe
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 open trade…
EV truck maker Tevva ‘re-engages’ with potential merger partners
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 deal and…
Ford, Hyundai turn to Italian casting machine maker IDRA
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 more carmakers…
Door maker PGT rebuffs $1.9 billion offer from Koch-backed Miter-sources
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 Miter Brands,…
Chinese EV maker Xpeng says vice president suspended for investigation related to corruption
BEIJING (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. Media reports…
Spice maker McCormick lifts profit forecast as higher prices cushion weaker demand
(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 in China…
Peloton zooms after striking global deal with yoga wear maker Lululemon
(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 would become…
Gehl Foods’ owner explores sale of dairy-based products maker -sources
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 $600 million,…
Candy Crush Saga hits $20 billion revenue milestone, maker King says
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 said, adding…
EV maker Fisker rallies after production update, bullish analyst report
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 its flagship…
Cosmetics maker Coty launches stock offering, eyes Paris Stock Exchange listing
(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. The CoverGirl…
Auto parts maker Marelli to discuss Italian plant closure with unions
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 by the…
CCP-Linked Battery Maker Eligible For $7.5 Billion In Biden Bucks, Analysis Finds
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 $7.5 billion…
Exclusive-U.S. sports league caps maker New Era prepares for IPO-sources
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 initial public…
Wilson tennis racket maker Amer Sports files for US IPO – Bloomberg News
(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 much as…
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