(Reuters) – Rio Tinto reiterated its offer to buy out Canadian miner Turquoise Hill Resources Ltd for $3.3 billion, a…
Stellantis CEO: Europe auto emissions standards a “diversion”
By Victoria Waldersee BERLIN (Reuters) -Uncertainty over the future of European regulation on auto emissions gives Chinese competitors already ahead…
Germany hashes out compromise to allow smaller stake China port deal
By Christian Kraemer and Andreas Rinke BERLIN (Reuters) -Germany may allow China’s Cosco to take a smaller stake than originally…
Hyundai says new U.S. EV plant could begin production in 2024, produce 500,000 vehicles annually
SAVANNAH, Georgia (Reuters) – Hyundai Motor Co global chief operating officer Jose Munoz on Tuesday said the automaker’s new $5.54…
Technology-sharing a sticking point as Renault, Nissan hash out reset, sources say
By Gilles Guillaume, Maki Shiraki and David Dolan PARIS/TOKYO (Reuters) -The sharing of technology has emerged as a sticking point…
Hyundai breaks ground on $5.5 billion U.S. EV, battery plant
By David Shepardson ELLABELL, Ga. (Reuters) – Hyundai Motor Co broke ground on a $5.54 billion electric vehicle (EV) and…
Chip shortage forces temporary closure of Volvo Cars factory – GP
STOCKHOLM (Reuters) – Swedish automaker Volvo Cars will temporary close one of its factories due to a chip shortage, the…
Russia’s central bank says inflationary expectations edge up in October
MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households rose in October to 12.8% from 12.5% in…
Biogen confident in Alzheimer’s drug ahead of rivals’ data
By Manas Mishra and Bhanvi Satija (Reuters) -Biogen Inc on Tuesday said the Alzheimer’s disease drug it is developing with…
HSBC makes surprise succession move as forecasts hit shares
By Lawrence White and Anshuman Daga LONDON/SINGAPORE (Reuters) -HSBC named Georges Elhedery as its new chief financial officer on Tuesday…