China’s Geely truck unit Farizon targets Europe with electric cargo van
China’s Farizon, a new-energy truck maker owned by automaker Geely (GEELY.UL), aims step up expansion beyond its home base with a light cargo van planned…
Category: Business
Mexican carrier Aeromexico expands routes to Europe, Asia
Mexican airline Aeromexico (AEROMEX.MX) is expanding its flights to Europe and reestablishing a route to Asia, the company said on Monday. Beginning March 25, the…
Gold Fields sticks to its Yamana Gold offer after counter-bid
The board of South Africa’s Gold Fields (GFIJ.J) will not change its offer for Yamana Gold (YRI.TO) after a surprise rival bid from Agnico Eagle…
U.S. FAA proposes airworthiness criteria for Joby air taxi
The Federal Aviation Administration (FAA) on Monday issued the airworthiness criteria that Joby Aviation (JOBY.N) will need to meet for its Model JAS4-1 eVTOL air…
Palantir posts slowest revenue growth in two years on sluggish Europe demand
Palantir Technologies Inc (PLTR.N) posted its slowest quarterly growth in revenue since going public in 2020 due to weak demand for its data analytics software…
Buyout fund JIP submits $15 bln Toshiba bid without bank backing, Nikkei says
Private equity fund Japan Industrial Partners has submitted a bid to buy Toshiba Corp (6502.T) for around $15 billion that lacks key commitments from banks,…
Philip Morris clinches Swedish Match after smoking out opposition
Marlboro maker Philip Morris International (PMI) (PM.N) overcame some opposition to clinch 83% of Swedish Match (SWMA.ST), short of the 90% it wanted but enough…