Ford To Build Battery Plant In Michigan In Drive With Chinese Tech Partner

Ford To Build Battery Plant In Michigan In Drive With Chinese Tech Partner

By Joseph White and David Shepardson ROMULUS, Michigan/WASHINGTON (Reuters) – Ford Motor Co on Monday announced plans to invest $3.5 billion to build an electric vehicle battery plant in Michigan, betting that making the batteries in the United States will help and Chinese partner CATL attract U.S. customers to embrace a lower-cost technology pioneered in…

Read More
EU Antitrust Regulators To Investigate Viasat's Inmarsat Bid

EU Antitrust Regulators To Investigate Viasat’s Inmarsat Bid

BRUSSELS (Reuters) – EU antitrust regulators on Monday opened an in-depth investigation into U.S. company Viasat’s bid for British satellite rival Inmarsat on concerns the $7.3 billion deal may reduce competition in the aviation connectivity market. “At this stage, the (European) Commission is therefore concerned that by acquiring Inmarsat, Viasat may reduce competition in the…

Read More