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Evergrande EV unit to issue fresh shares to bolster restructuring plans
(Reuters) - Embattled property developer China Evergrande Group on Monday said its listed electric vehicle arm has agreed to issue new shares to certain subscribers to ease loan liabilities and improv...
Syndicated Content Aug 14, 2023
Ford names former Apple exec as president of integrated services unit
(Reuters) - Ford Motor on Monday named former Apple Inc executive Peter Stern as the president of its newly-formed integrated services business, which is tasked with developing and marketing software ...
Syndicated Content Aug 14, 2023
AMC Entertainment to effect 10:1 reverse split on Aug. 24
(Reuters) - AMC Entertainment Holdings said on Monday its 10-to-1 reverse stock split will take place on Aug. 24 and its preferred shares "APE" will be converted to common stock on Aug. 25. The common...
Syndicated Content Aug 14, 2023
India’s retail inflation hits 15-month high on food prices
By Aftab Ahmed and Nikunj Ohri NEW DELHI (Reuters) -India's annual retail inflation in July rose to its highest in 15 months as vegetable and cereals prices skyrocketed, beating all market expectation...
Syndicated Content Aug 14, 2023
Canoo finalizes incentive package with Oklahoma, Cherokee Nation
(Reuters) - Electric-vehicle startup Canoo said on Monday it finalized incentive agreements with the state of Oklahoma and the North American tribe Cherokee Nation, for an estimated value of $113 mill...
Syndicated Content Aug 14, 2023
Changing climate pushes migrating birds from parched Tunisian wetlands
By Jihed Abidellaoui TUNIS (Reuters) - Tunisia's lakes and coastal lagoons are parched and overheating, endangering a delicate ecosystem and disrupting the vast flocks of migrating birds that use the ...
Syndicated Content Aug 14, 2023
China’s Geely unveils auto robotics brand JI YUE
BEIJING (Reuters) - Chinese automaker Geely Holding Group on Monday unveiled a premium intelligent technology brand JI YUE, which stems from Geely's cooperation with Baidu Inc on "automotive robotics"...
Syndicated Content Aug 14, 2023
Indonesia says Tesla plans to invest in battery material facility
JAKARTA (Reuters) - Indonesia said on Monday that U.S. electric carmaker Tesla plans to invest in the manufacturing of battery materials in the Southeast Asian country and will make an announcement in...
Syndicated Content Aug 14, 2023
Foreign tourism to Portugal registers best-ever first half
LISBON (Reuters) - The number of foreign tourists visiting Portugal surpassed eight million in January-June, making it the best first half on record, official data showed on Monday. The National Stati...
Syndicated Content Aug 14, 2023
MSCI to acquire remaining stake in Burgiss for $697 million in cash
(Reuters) - Index provider MSCI said on Monday it will acquire the remaining 66% of Burgiss Group, a New Jersey-based provider of data and analytics solutions for investors, for $697 million in cash. ...
Syndicated Content Aug 14, 2023
Peoria, IL, USA
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