EV maker Fisker is exploring collaboration with other companies, CEO says
By Victoria Waldersee and Joseph White MUNICH (Reuters) – Electric car maker Fisker Inc is exploring collaboration with other companies…
Business
Virgin Orbit enters $17 million ‘stalking horse’ bid to sell aircraft assets
(Reuters) -Bankrupt satellite launch company Virgin Orbit said on Tuesday it entered into a “stalking horse” agreement with Stratolaunch to…
Euro zone inflation ticks up in April
FRANKFURT (Reuters) – Euro zone inflation accelerated last month, Eurostat said on Wednesday, confirming preliminary data pointing to increasingly stubborn…
ECB looks for new top supervisor to succeed Enria
FRANKFURT (Reuters) – The European Central Bank said on Wednesday it is looking for a new top bank supervisor to…
Theranos founder Holmes loses bid to stay out of prison, hit with huge restitution bill
By Jody Godoy (Reuters) -Theranos founder Elizabeth Holmes and former CEO Ramesh “Sunny” Balwani were on Tuesday ordered to pay…
Siemens raises full year outlook after 2nd quarter sales beat
By John Revill (Reuters) -Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and…
Hyundai Europe CEO: we won’t take a “knee-jerk reaction” to Tesla
MUNICH (Reuters) – Hyundai Motor Co’s European chief said the carmaker was not making a direct change to its pricing…
Vietnam EV maker VinFast sees sales boom, path to breakeven
By Phuong Nguyen HANOI (Reuters) -Vietnam’s VinFast expects to sell as many as 50,000 electric vehicles (EVs) this year, an…
New Twitter CEO says she is excited to help to transform Twitter
(Reuters) -Newly appointed Twitter CEO Linda Yaccarino said in a tweet on Saturday that she has been inspired by owner…
Elon Musk says Tesla not immune to tough economy that he foresees
By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla Inc CEO Elon Musk warned on Tuesday that the electric-vehicle maker was…