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UK seeks industry views on electric vehicle sales targets after backlash
Euronext flags glitch in calculating cash instrument closing prices
Date: December 24, 2024
LONDON (Reuters) - Euronext said on Tuesday it was experiencing an issue in calculating closing prices for cash instruments and would manually update those prices for the assets that had been affected...
China’s CATL launches EV chassis, flagging safety as top selling point
Date: December 24, 2024
SHANGHAI (Reuters) -China’s CATL, the world’s largest electric vehicle battery maker, on Tuesday launched a new EV chassis that it says can withstand a 120-kph (75-mph) frontal impact without catching fire or exploding, as it touts safety as a key selling point. The chassis has a battery capable of running for about 1,000 km (621.37...
Amicorp Group to dispute $1 billion legal claim by Malaysia’s 1MDB for alleged fraud
Date: December 24, 2024
KUALA LUMPUR (Reuters) -Amicorp Group has said it will dispute a claim for more than $1 billion filed by scandal-hit Malaysian fund 1MDB, denying allegations it knowingly facilitated more than $7 billion in fraudulent transactions related to the misappropriation of 1MDB funds. Corporate services provider Amicorp in a statement late on Monday said it would...
American Airlines grounds all US flights on busy Christmas Eve
Date: December 24, 2024
By Abhijith Ganapavaram and Utkarsh Shetti (Reuters) -American Airlines on Tuesday grounded all its flights in the U.S. due to an unspecified technical issue, according to the company and a regulatory...
5 Types of Business Insurance Essential for Small Businesses
Date: December 24, 2024
Managing a small business involves unique challenges and unpredictable situations. While entrepreneurs focus on growth and customer satisfaction, protecting the company from unforeseen risks is equally important. This is where business insurance plays a critical role. It provides financial coverage and legal protection, allowing small business owners to navigate unexpected events such as accidents, lawsuits,...
UK seeks industry views on electric vehicle sales targets after backlash
Date: December 24, 2024
By Sachin Ravikumar LONDON (Reuters) – Britain began a consultation on Tuesday to review rules that force automakers to produce more electric vehicles, following industry warnings that the current plan could lead to factory closures and job losses. The consultation will take views from the industry on changing the so-called Zero Emission Vehicle (ZEV) mandate,...