MILAN (Reuters) – Shares in Juventus tumbled some 10% on Monday after Italian soccer authorities docked the club 15 points for its transfer dealings, in a blow to its reputation and short-term sporting prospects. Juventus, who have won the Italian league more times than any other club, are now 9th in the Serie A standings…
By Jan Schwartz HAMBURG (Reuters) – Volkswagen’s energy and charging division is keeping all options open for the long-term structure of the business, including a possible listing, the division’s chief Elke Temme said in an interview with Reuters. The division, like all the carmaker’s unlisted brands and its battery business PowerCo, is going through the…
TOKYO (Reuters) – Japanese automaker Honda Motor Co Ltd and battery maker GS Yuasa Corp on Monday said they will collaborate in the high-capacity, high-output lithium-ion battery business, and plan to establish a joint venture by the end of this year. The partners said they will join in the research and development of lithium-ion batteries…
By Nick Carey COVENTRY, England (Reuters) – China’s Geely is planning a big investment to turn the maker of London’s iconic black taxis into a high-volume, all-electric brand with a range of commercial and passenger vehicles, executives at the unit told Reuters. London Electric Vehicle Company (LEVC) also aims to expand its suite of services,…
By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been a quiet start to the week in Asia with much of the region on holiday. U.S. stocks futures are near flat, but EUROSTOXX futures added 0.5% to extend their recent bullish run. Presumably…
