COPENHAGEN – Pandora, the world’s largest jewellery maker, said on Tuesday it would move ahead with its bet on lab-made diamonds, following its announcement last …
(Reuters) -Faraday Future Intelligent Electric Inc said on Monday that the electric-vehicle startup will raise up to $600 million in funding as it looks to …
(Reuters) – Lucid Group on Wednesday halved its production forecast for electric vehicles, blaming extraordinary supply chain and logistics challenges, sending its shares down 10% …
OSLO – Swedish truck maker Volvo Group plans to establish a large-scale production plant for battery cells, gradually building it up towards 2030 to meet …
OSLO – Norwegian paint maker Jotun said on Tuesday it will exit Russia with immediate effect after selling its local assets in the country to …
Former Shill For Opioid Maker Is Now Promoting Sex Changes For Children Laurel Duggan on July 28, 2022 As CEO of the Trevor Project, Amit …
MELBOURNE – There are no signs of a recession in the United States right now, the head of major explosives producer Incitec Pivot said at …
By Sudarshan Varadhan, Aftab Ahmed and Nupur Anand NEW DELHI – India’s biggest cement producer, UltraTech Cement, is importing a cargo of Russian coal and …
COPENHAGEN – Finnish elevator maker Kone said on Tuesday it will sell its business in Russia to local management for an undisclosed amount. The firm …
BERLIN – German sugar producer Suedzucker plans “significant” price hikes to offset rising costs and prepares to shift to coal as Russian gas supplies to …
(Reuters) – Drugmaker Merck & Co is considering buying cancer-focused biotech company Seagen Inc, the Wall Street Journal reported on Friday, citing people familiar with …
(Reuters) – Electric-truck maker Nikola Corp is “evaluating options” to make its own battery cells in 2024, Chief Financial Officer Kim Brady said on Thursday. …
BERLIN – Volkswagen’s Audi has filed a lawsuit in a Munich court against Chinese electric vehicle maker Nio over an alleged infringement of Audi’s trademark …
By Gabriel Araujo SAO PAULO – Brazil’s Natura & Co Holding SA said on Wednesday that Chief Executive and Executive Chairman Roberto Marques was stepping …
(Reuters) – U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) said on Sunday it is planning to file for Chapter 7 bankruptcy, …
(Reuters) – Cosmetics maker Revlon Inc is preparing to file for chapter 11 protection as soon as next week, the Wall Street Journal reported on …
SHANGHAI – Chinese electric-car maker Nio said that in 2024 it will start making high-voltage battery packs that it has developed itself, as part of …
By Angelo Amante, Giuseppe Fonte and Giulia Segreti ROME -Germany’s Rheinmetall has sent Italy’s Leonardo an offer for a minority stake in its OTO Melara …
By Nailia Bagirova BAKU – Ukraine’s destruction of Russian artillery systems and armoured vehicles with Turkish Bayraktar TB2 aerial drones has made “the whole world” …
By Dmitry Zhdannikov DAVOS, Switzerland – Norwegian fertiliser giant Yara says donors urgently need to close the U.N.’s $10 billion food programme funding gap to …
SOMERSET COUNTY, MD – Maryland State Police called in the Maryland bomb squad after finding explosive devices in the home of a subject they were …
By Richa Naidu LONDON – Reckitt Benckiser is boosting baby formula production by about 30% and making more frequent deliveries to stores as it looks …
(Reuters) – Ford Motor Co sold 7 million shares of electric carmaker Rivian Automotive Inc for about $188.2 million, or $26.88 apiece, the U.S. automaker …
BERLIN – Porsche Automobil Holding SE cautioned on Friday that the feasibility of a listing of luxury sportscar maker Porsche AG, planned for the fourth …
By Jane Lanhee Lee and Chavi Mehta SAN FRANCISCO – Chipmaker Micron Technology Inc on Thursday announced it was experimenting with a new pricing model …
(Reuters) – Brake maker Brembo has a full order book and all of its plants are running at full capacity, apart from those in China …
By Juliette Portala (Reuters) – Alstom’s shares slipped sharply on Wednesday, erasing earlier strong gains as the French train maker’s comments on cash flow generation …
By Alexandra Alper WASHINGTON – The Biden administration ramped up a national security probe into Russia’s AO Kaspersky Lab antivirus software earlier this year amid …
HELSINKI -Finnish stainless steel maker Outokumpu saw its shares soar more than 6% on Thursday after reporting stronger-than-expected quarterly profits, boosted by higher prices for …
(Reuters) – U.S. truck engine maker Cummins Inc said on Tuesday it took a $158 million charge in the first quarter related to its suspension …
SHANGHAI/HONG KONG -CATL, the world’s largest electric vehicle (EV) battery manufacturer, reported a 23.6% drop in the first quarter profit on Friday, its first fall …
After months of anticipation and more than 173,500 applications, the Dodge brand’s search to fill the greatest automotive job in the world came to its …
ROME – European missile maker MBDA has made a good start to 2022 after record results last year, Executive Group Director for Sales & Business …
By Juliette Portala (Reuters) -EssilorLuxottica’s shares slipped on Friday as a downturn in its China business overshadowed the French-Italian eyewear company’s overall better-than-expected first-quarter sales. …
(Reuters) – Sensor maker Velodyne Lidar Inc said on Thursday that Marta Hall, the wife of founder David Hall, had resigned from its board weeks …
By Eric Onstad LONDON – German auto parts supplier Schaeffler has signed a raw materials deal to ensure the supply of rare earth magnets from …
Dodge brand’s search to fill the “greatest automotive job in the world,” which began this January, is about to come to its head-spinning supercharged conclusion. …
By Gabriel Araujo SAO PAULO – Brazilian auto parts company Tupy SA has signed a deal to buy motor maker MWM, formally known as International …
TAIPEI -Taiwan’s Pegatron Corp, which assembles iPhones for Apple Inc, said on Tuesday it had suspended operations at its Shanghai and Kunshan plants in China …
By Rocky Swift TOKYO – Japan’s government has severed banking and trade ties with Russia over Moscow’s invasion of Ukraine, but a tobacco company in …
By Jessica DiNapoli NEW YORK – Oreo cookie maker Mondelez International Inc said its plant in Trostyanets, a town in eastern Ukraine, has suffered “significant …
By Sinchita Mitra (Reuters) – The maker of Scottish soft drink Irn-Bru will keep prices unchanged for the next six months but won’t rule out …
ZURICH – Holcim is exiting the Russian market, the world’s biggest cement-maker said on Tuesday, the latest western company to quit the country following Moscow’s …
SYDNEY – Italian luxury yacht maker Ferretti Group has priced its shares at HK$22.88 each, the lower end of its proposed range, to raise HK$1.9 …
– Marlboro maker Philip Morris International Inc said on Thursday it was working on options to exit the Russian market after Moscow’s invasion of Ukraine. …
– Top Russian carmaker Avtovaz said on Monday it was partially halting production at its plants in Togliatti and Izhevsk on March 21-25 due because …
BEIJING – Chinese Energy Vehicle Maker Xpeng Inc said on Friday it will raise its prices for on-sale vehicles before subsidy from March 21 due …
– U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) will lay off about 24% of its staff as it looks to focus …
MONTREAL – Business jet maker Bombardier Inc said on Friday it has suspended all activities with Russian clients, as more companies cut ties in the …
By Jonathan Stempel NEW YORK – Ben & Jerry’s was sued on Thursday by its longtime Israeli ice cream manufacturer, which said the company illegally …