FRANKFURT (Reuters) – Tesla is planning to double vehicle sales in Germany in 2022, German weekly Automobilwoche reported, citing a local executive. “Our goal is to double sales each year, which translates into around 80,000 units in 2022,” the executive was quoted as saying. In 2021, Tesla sold 39,714 vehicles in Germany, where the carmaker…
KAYUNGA, Uganda (AP) — Moses Wamugango peered into the plastic vats where maggots wriggled in decomposing filth, the enviable project of a neighbor who spoke of the fertilizer problem he had been able to solve. The maggots are the larvae of the black soldier fly, an insect whose digestive system effectively turns food waste into…
ROME (AP) — If Italy elects the nation’s first female premier, will its women be delighted or dismayed? Should opinion polls prove on the mark, Giorgia Meloni and the far-right Brothers of Italy party she co-founded less than a decade ago will triumph in the Sept. 25 election. Meloni might then be asked by Italy’s…
TOKYO (Reuters) -Chubu Electric Power Co said on Sunday it is joining private equity firm Japan Industrial Partners (JIP) in conducting due diligence for a potential buyout of Japanese conglomerate Toshiba Corp. Toshiba, which is exploring going private and other options, has selected Bain Capital, CVC Capital Partners, Brookfield Asset Management and a consortium involving…
TOKYO (Reuters) -Chubu Electric Power Co said on Sunday it is joining private equity firm Japan Industrial Partners (JIP) in conducting due diligence for a potential buyout of Japanese conglomerate Toshiba Corp. Toshiba, which is exploring going private and other options, has selected Bain Capital, CVC Capital Partners, Brookfield Asset Management and a consortium involving…
By Stephen Nellis SAN LUIS OBISPO, Calif. (Reuters) – Apple Inc’s iPhone 14 models contain a Qualcomm Inc chip that can talk to satellites, but have additional custom-designed Apple components used in the phone’s biggest new feature, according to an analysis of the phone by iFixit and an Apple statement. Apple released its iPhone 14…
TOKYO (Reuters) – Chubu Electric Power Co, Orix Corp and other Japanese companies are considering to invest in Toshiba Corp, the Nikkei newspaper reported on Sunday. Toshiba is publicly seeking strategic proposals and restructuring plans, including going private after a buyout. Among those bidders selected for a second bidding round, Japan Industrial Partners (JIP), the…
MOSCOW (Reuters) -Russian mining giant Nornickel plans to increase the equity holdings of employees and other individuals to collectively comprise 25% of the company, up from 10% now, its largest shareholder Vladimir Potanin told RBC TV. Nornickel, the world’s top palladium and refined nickel producer, was one of the biggest prizes in the post-Soviet carve-up…
MOSCOW (Reuters) -Russian mining giant Nornickel plans to increase the equity holdings of employees and other individuals to collectively comprise 25% of the company, up from 10% now, its top shareholder Vladimir Potanin said on Saturday. Potanin told RBC TV that the change would be made in a 10-year programme called “Digital Investor” that would…
MOSCOW (Reuters) – Russian businessman Vladimir Potanin, the top shareholder at mining giant Nornickel, on Saturday proposed a 10-year programme that would raise the equity holdings of individuals, including that of its employees, to 25% from 10% now. Speaking to RBC TV, Potanin said the so-called ‘Digital Investor’ programme would begin in 2023 and include…
