China Evergrande ordered to pay $111 million in arbitration against unit, exec
(Reuters) – Property developer China Evergrande Group said on Friday it has received an enforcement notice from the court in…
Business
US Treasury takes middle road on solar panels ‘Made in the USA’
By Nichola Groom and David Lawder (Reuters) -The U.S. Treasury Department on Friday clarified that developers of solar energy projects…
Vietnam EV maker VinFast to list in US via a SPAC
By Phuong Nguyen HANOI (Reuters) – Vietnamese electric automaker VinFast said on Friday it will list in the United States…
US equity funds see massive outflows on debt ceiling worries
(Reuters) – U.S. equity funds faced huge outflows in the week ended May 10, on caution over the U.S. debt…
New Twitter CEO may free up Musk to steer Tesla through easing demand
By Akash Sriram (Reuters) -Elon Musk’s appointment of a new Twitter chief may free up the billionaire from a major…
JBS shares slump as Q1 shows global difficulties
By Ana Mano SAO PAULO (Reuters) – Shares in Brazilian food giant JBS SA fell more than 10% in early…
Soccer-No prison for key witness in FIFA corruption probe
By Luc Cohen NEW YORK (Reuters) – A former Argentine businessman who pleaded guilty in the sprawling FIFA corruption probe…
Thyssenkrupp workers urge Berlin to move quickly on steel subsidies
By Tom Käckenhoff DUESSELDORF (Reuters) -Thyssenkrupp has urged Berlin to move quickly to approve hundreds of millions in subsidies for…
Big Software AG investor further backs Silver Lake bid
MUNICH (Reuters) – Software AG Foundation, the largest shareholder in German business software developer Software AG, said on Friday that…
Netflix plans to cut spending by $300 million this year – WSJ
(Reuters) – Netflix Inc plans to cut its spending by $300 million this year, the Wall Street Journal reported on…