Management of bankrupt Volta Trucks seeking buyer – source
By Nick Carey LONDON (Reuters) – The management of bankrupt electric truck maker Volta Trucks is urgently seeking a buyer to take the company out of administration and help it…
By Nick Carey LONDON (Reuters) – The management of bankrupt electric truck maker Volta Trucks is urgently seeking a buyer to take the company out of administration and help it…
BOSTON – A Wakefield, Mass. man was indicted today for knowingly concealing the source of material support or resources that he intended to go to a foreign terrorist organization, namely…
WASHINGTON (Reuters) – U.S. and Israelis officials are discussing the possibility of a visit to Israel soon by U.S. President Joe Biden at the invitation of Israeli Prime Minister Benjamin…
By Chris Prentice and Hannah Lang NEW YORK (Reuters) -The U.S. Securities and Exchange Commission (SEC) will not appeal a recent court ruling that found it was wrong to reject…
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – U.S. private equity firm Apollo Global Management is seeking to join the consortium that Scandinavian airline SAS last week picked to take it through…
KYIV (Reuters) – Ukraine struck a Russian missile carrier and a patrol ship in separate attacks this week involving sea-borne drones carrying experimental weapons, a Ukrainian intelligence source said on…
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan President Ranil Wickremesinghe will visit China next week as the crisis-hit country makes progress on debt restructuring talks with its biggest lender,…
SYDNEY (Reuters) – Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next year, a person with knowledge of the matter said…
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s central bank board will discuss the possibility of hiking the benchmark interest rate from its current 118% at its meeting later this…
By Padraic Halpin DUBLIN (Reuters) – Ireland will add one-off financial supports totalling around 2.4 billion euros to planned permanent spending measures and tax cuts in Tuesday’s budget for 2024,…
ANKARA (Reuters) – Turkish Central Bank Governor Hafize Gaye Erkan will hold her first meetings with international investors since taking the job at the annual IMF forum in Marrakech on…
(Reuters) – The United Auto Workers (UAW) will announce on Friday it has made real progress with Ford Motor in talks over a new labor contract, a source familiar with…
By Anousha Sakoui LONDON (Reuters) – Europe’s biggest private equity firm, CVC Capital Partners, is working towards a long-awaited initial public offering in November, a person familiar with the matter…
By Matt Spetalnick WASHINGTON (Reuters) – The Biden administration is preparing to unveil new regulatory measures to allow more U.S. financial support for small private businesses in Cuba, a person…
WASHINGTON (Reuters) -U.S. President Joe Biden is planning to deliver a speech on American democracy later this month after the next Republican presidential campaign debate, two sources familiar with the…
(Reuters) – President Joe Biden’s administration is discussing emergency aid to protect smaller firms that supply U.S. auto manufacturers if the United Auto Workers union goes on strike, a source…
(Reuters) -Deloitte is planning to cut more than 800 jobs in the United Kingdom, a source told Reuters on Wednesday. The company is proposing some targeted restructuring that would result…
By Echo Wang NEW YORK (Reuters) -Arm, the chip designer owned by SoftBank Group Corp, received enough backing from investors to secure at least the top end of the price…
TRENTON, NJ – Digital highway signs across New Jersey once pushed humorous public service messages like “We’ll be blunt, don’t drive high”, “Nice car, did it come with a turn…
By Jayshree P Upadhyay MUMBAI (Reuters) – India’s market regulator expects instant settlement of stock market trades to be implemented by October 2024, a source from the regulator told Reuters…
ANKARA (Reuters) – Turkey’s top economic policymakers are visiting Russia for meetings on Monday, a source said, travelling along with President Tayyip Erdogan who will meet Kremlin chief Vladimir Putin…
US Turns To Country Notorious For Child Labor And Unsafe Mines To Source Its EV Ambitions Nick Pope on August 24, 2023 In order to facilitate electric vehicle (EV) production,…
By Anirban Sen and Manya Saini (Reuters) – SoftBank Group Corp’s Arm Ltd is expected to report a revenue decline of about 1% in the year ended March, when the…
BUENOS AIRES (Reuters) – Argentina’s central bank will raise the benchmark interest rate to 118% from 97% previously, an official source said Monday, adding the country’s currency will be devalued…
By Ismael Lopez (Reuters) – Nicaraguan authorities froze the bank accounts of the country’s top private university, a source from the institution told Reuters, marking the latest move against a…