Jack Daniel’s maker Brown-Forman pauses hiring in Russia
– Jack Daniel’s maker Brown-Forman Corp said on Thursday it has paused hiring for its own distribution business in Russia following the country’s invasion of …
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Smirnoff vodka maker Diageo pauses exports to Ukraine and Russia
LONDON – Spirits company Diageo, the maker of Smirnoff vodka and Guinness, has paused exports to Ukraine and Russia, the company said on Thursday. “Our …
Auto parts maker Aptiv recently shifted high-volume production from Ukraine -CEO
– Aptiv Plc shifted high-volume production of parts for vehicles out of Ukraine over the past couple months ahead of possible hostilities, the auto parts …
Airbus and engine maker CFM to test hydrogen plane propulsion
By Tim Hepher PARIS – Airbus said on Wednesday it would build a demonstrator to test propulsion technology for future hydrogen airplanes in co-operation with …
Airbus, Safran consortium to buy fighter jet parts maker A&D
By Gus Trompiz and Tim Hepher PARIS -A consortium backed by Airbus and Safran has agreed to buy superalloys supplier Aubert & Duval from Eramet …
iPhone maker Foxconn to make chips in India with Vedanta
TAIPEI – Taiwan’s Foxconn said on Monday it had partnered with Indian conglomerate Vedanta Ltd to make semiconductors in the South Asian country, as the …
Chinese electric car maker Xpeng expands into Sweden and Netherlands
SHANGHAI – Chinese electric car maker Xpeng said on Thursday it was expanding further to Europe, taking aim at the Swedish and Dutch markets. Until …
EV maker ELMS’ CEO, chairman resign after probe into their share purchases
– Electric Last Mile Solutions Inc, a maker of battery-powered delivery vehicles, said on Tuesday that its top two executives had resigned following an investigation …
Irn-Bru maker raises prices due to fizzing UK inflation
LONDON – The maker of Irn-Bru, the iconic orange Scottish soft drink, said on Tuesday that it had increased its prices due to soaring inflation …
FBI Investigating Chinese Funding Of California Plane Maker: REPORT
Ailan Evans on January 18, 2022 Federal authorities are investigating Chinese investment in a California-based plane maker after shareholders alleged that the firm’s technology was …
Electric Truck Maker Pays $125 Million To Settle Charges It Defrauded Investors
Electric truck manufacturer Nikola announced Tuesday it had settled fraud charges with the Securities and Exchange Commission (SEC), agreeing to pay the regulator $125 million. …