Tyson Foods’ Chief Financial Officer John R. Tyson __ a great-grandson of the company’s founder __ has been charged with public intoxication and criminal trespassing after allegedly entering a stranger’s home and falling asleep on her bed. According to an incident report provided by the Fayetteville, Arkansas, police department, officers received a call early Sunday…
SHANGHAI (Reuters) – Chinese electric vehicle giant BYD said on Tuesday that it would launch a new premium brand in the first quarter of 2023. BYD said the products under the new brand will be priced above 1 million yuan ($138,096.75), without further elaboration. ($1 = 7.2413 Chinese yuan renminbi) (Reporting by Zhuzhu Cui, Zhang…
(Reuters) -British Prime Minister Rishi Sunak is poised to announce a major natural gas deal with the United States after the COP27 climate change summit, the Telegraph newspaper reported on Monday. Britain hopes the United States will promise about 10 billion cubic metres of liquefied natural gas (LNG) over the coming year, the report said,…
(Reuters) -Lordstown Motors Corp has agreed a deal under which a Foxconn affiliate will invest up to $170 million in the electric vehicle (EV) maker, making the Taiwanese contract manufacturer its biggest shareholder with a near 20% stake. Foxconn Ventures Pte Ltd will purchase 12.9 million shares on or after Nov. 22 and an additional…
By David Shepardson (Reuters) -German auto supplier Bosch has agreed pay $25 million to resolve California’s probe into the company’s role in the diesel emissions scandals at Volkswagen and Fiat Chrysler, the company and state said Monday. The settlement, which is subject to court approval, resolves allegations Bosch participated in misconduct by providing hardware, software,…
(Reuters) – British Prime Minister Rishi Sunak is poised to announce a major gas deal with the U.S. after the COP27 climate change summit, The Telegraph reported on Monday. Talks about the “energy security partnership” are in their final stages, with the U.S. planning to sell billions of cubic metres of liquefied natural gas to…
By Norihiko Shirouzu, Maki Shiraki and David Dolan BEIJING/TOKYO (Reuters) – Nissan Motor Co’s concerns about technology transfers have complicated its partner Renault’s plans to sell a large stake in its gasoline-engine business to China’s Geely, three people familiar with the talks said. Renault is pursuing a complex two-pronged restructuring. On one hand, it is…
By Jamie Freed and Rajesh Kumar Singh SYDNEY/CHICAGO (Reuters) -Airlines around the world are ripping up schedules and bringing in new flights to cope with a COVID-triggered trend in corporate travel for executives like Jerome Harris – the scrapping of one-day business trips in favour of longer stays. For Sydney-based Harris, exhausting one-day treks to…
ATHENS (Reuters) -Exxon Mobil will start conducting seismic surveys in two blocks southwest of Greece’s Peloponnese peninsula and the island of Crete in the coming days, Prime Minister Kyriakos Mitsotakis said on Monday. Greece, an entry point for natural gas in the eastern Mediterranean, aspires to become a gas producer and a hub for the…
PRISTINA, Kosovo (AP) — Kosovo on Monday accused neighboring Serbia of trying to destabilize the country by pressuring members of the ethnic Serb community to resign from their posts for not accepting Pristina’s decision to change illegal vehicle license plates. Prime Minister Albin Kurti said Serbia’s president, Aleksandar Vucic, has been in close coordination with…
