Arrival, Nikola signal more pain for EV startups
(Reuters) -Arrival SA will terminate plans to merge with a blank-check firm and Nikola Corp will offload its newly acquired…
July 3, 2023
Musk’s Twitter rate limits could undermine new CEO, ad experts say
By Jody Godoy (Reuters) -Elon Musk’s move to temporarily cap how many posts Twitter users can read on the social…
Allegro says independent board to oversee PwC Australia’s government business
SYDNEY (Reuters) – Australian investment firm Allegro Funds said on Tuesday it would set up an independent board to oversee…
Australia’s Suncorp forecasts rise in FY24 natural hazard costs amid La Niña
(Reuters) -Australian general insurer Suncorp on Tuesday forecast a 12% jump in costs associated with catastrophe reinsurance premiums and natural…
Marketmind: Australia rate decision on a knife edge
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
EV truck maker Nikola to pull the plug on battery supplier Romeo
(Reuters) – Nikola Corp will start liquidating the assets of battery maker Romeo Power, the electric truck maker said on…
New Zealand 2nd qtr business confidence continues to improve but still downbeat –think-tank
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s business confidence in the second quarter continued to pick up from low…
US FTC drops Altria complaint after Marlboro-maker exits stake in Juul Labs
By Diane Bartz and Kanishka Singh WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Monday it dismissed a complaint…
Amazon rolls out first European Rivian vans in Germany
By Nick Carey (Reuters) – E-commerce giant Amazon will deploy its first European vans from U.S. electric vehicle (EV) maker…
Reuters appeals Turkish court order to remove news article
(Reuters) – Reuters said on Monday it has appealed a Turkish court order to remove a news article on the…