Geely truck unit, Farizon, raises $600 million in funding round
(Reuters) – China’s Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised $600…
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Factbox-What has become of Western carmakers’ assets in Russia?
By Gleb Stolyarov and Alexander Marrow (Reuters) – The Western automakers that dominated Russia’s car market left following Moscow’s invasion…
Australian BNPL firm Zip’s credit performance in local market weakens further
(Reuters) – Australia’s Zip Co Ltd said on Thursday it faced a jump in bad debts at home grounds, its…
US House members want Biden to negotiate Taiwan tax deal
By Patricia Zengerle WASHINGTON (Reuters) – Republican and Democratic members of the U.S. House of Representatives introduced legislation on Wednesday…
US regulators unveil antitrust roadmap with Big Tech in crosshairs
By Diane Bartz and Anirban Sen WASHINGTON (Reuters) -U.S. antitrust regulators published guidelines on Wednesday on the kinds of mergers…
Biden widens war on junk fees, says US consumers tired of being treated as ‘suckers’
By Steve Holland and Andrea Shalal WASHINGTON (Reuters) -The White House on Wednesday expanded its war on junk fees to…
Pfizer plant in North Carolina damaged by tornado
(Reuters) – Drugmaker Pfizer Inc said on Wednesday its plant in Rocky Mount, North Carolina, which is one of the…
Warburg Pincus names Asia real estate chief Perlman as president
By Kane Wu (Reuters) – Private equity firm Warburg Pincus on Wednesday named its Asia head of real estate Jeffrey…
UAW president meets with Biden as union opens automaker contract talks
By David Shepardson WASHINGTON (Reuters) -United Auto Workers (UAW) President Shawn Fain met on Wednesday with President Joe Biden at…
New York to distribute flyers telling migrants at U.S.-Mexico border to ‘consider another city’
By Ted Hesson WASHINGTON (Reuters) – New York City will distribute flyers at the U.S.-Mexico border telling newly arrived migrants…