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China’s Sany Heavy Industry moves closer to Frankfurt listing
Date: February 12, 2023
SHANGHAI (Reuters) – Sany Heavy Industry Co, China’s biggest maker of engineering machinery, published a set of revised internal rules on Saturday in preparation for a Frankfurt listing – potentially the first there under a mechanism for cross-border listings and investment. China last year expanded the Shanghai-London Stock Connect to include Switzerland and Germany, since...
Air India seals record order for about 500 jets from Airbus, Boeing -sources
Date: February 12, 2023
By Aditi Shah and Tim Hepher BENGALURU/PARIS (Reuters) -Air India has sealed a jumbo deal for about 500 new planes worth more than $100 billion at list prices, in what could become the single largest order by any airline as it seeks to reinvent itself under its new owners, industry sources told Reuters. The deal,...
Exclusive-To tap U.S. government billions, Tesla must unlock EV chargers
Date: February 12, 2023
By Jarrett Renshaw and Hyunjoo Jin (Reuters) -Tesla CEO Elon Musk has often talked about opening his Supercharging network to competitors, but has never actually done so in the United States, where the company dominates the electric vehicle market. Now, the brash CEO may have 7.5 billion reasons to accelerate those plans. The Department of...
Charles’s coronation emblem revealed, showing British king’s love of nature
Date: February 10, 2023
LONDON (Reuters) – The official emblem which will be used for the celebrations to accompany the coronation of Britain’s King Charles in May was unveiled on Friday, with the design giving a nod to the monarch’s many years of environmental campaigning. The emblem features flora from all the four nations that make up the United...
VW to speed up electric shift in five-year plan
Date: February 10, 2023
BERLIN (Reuters) -Volkswagen will speed up its shift to electric cars and revamp its software strategy in a five-year investment plan presented by management to the supervisory board on Friday, the automaker said in a statement. Bosses discussed how to rejig the German group’s production network to accelerate the move to cleaner driving, the statement...
Moldovan prime minister announces government resignation
Date: February 10, 2023
CHISINAU (Reuters) -Moldovan Prime Minister Natalia Gavrilita announced on Friday that her government was resigning, after a turbulent 18 months in power marked by economic turmoil and the aftershocks of Russia’s war on neighbouring Ukraine. “I believe in the Moldovan people. I believe in Moldova,” she told a news briefing. “I believe that we will...