Author Archives: Syndicated Content
BMW pays 373 million euro fine to settle EU emissions probe
MUNICH (Reuters) - BMW said on Thursday it had agreed to a settlement proposed by the European Commission to end an antitrust investigation, saying it had been cleared of suspicion of using illegal 'd...
Jul 08, 2021
Fintech startup Clearco raises $215 million in SoftBank-led funding
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - Clearco, a fintech company that offers capital to startups, said on Thursday it raised $215 million in an equity funding round led by SoftBank Group Corp...
Jul 08, 2021
Britain’s Watches of Switzerland allocates cash for U.S., EU acquisitions
ZURICH (Reuters) - Britain's luxury watch retailer Watches of Switzerland (WoS) expects strong growth in its British market in the next five years and has allocated cash for acquisitions in the United...
Jul 08, 2021
S.Korea’s LG Chem, LGES pledge $13 billion in battery investment by 2030
By Heekyong Yang SEOUL (Reuters) - LG Chem Ltd and its wholly-owned battery subsidiary LG Energy Solution (LGES) plan to invest a combined 15.1 trillion won ($13.17 billion) in South Korea this decade...
Jul 08, 2021
Malaysia rubber glove body pleads for go-ahead to restart factories
KUALA LUMPUR (Reuters) - Malaysian's Rubber Gloves Manufacturers Association (MARGMA), citing supply shortage concerns, on Thursday said it had pleaded with the government to allow the sector to resum...
Jul 08, 2021
Nigeria to freeze MultiChoice Africa accounts to recover $4.4 billion
By Camillus Eboh ABUJA (Reuters) - Nigeria's revenue service said on Thursday it had instructed banks to freeze the accounts of media entertainment firm MultiChoice Africa and its Nigerian subsidiary ...
Jul 08, 2021
Japan’s government should consider $273 billion extra budget, ruling party heavyweight says
TOKYO (Reuters) - Japan's government should think about compiling an extra budget worth around 30 trillion yen ($273.30 billion), ruling party heavyweight Toshihiro Nikai was quoted as saying by broad...
Jul 08, 2021
EU will ‘never, ever’ accept two-state deal on Cyprus
NICOSIA (Reuters) - The European Union will "never, ever" accept a two state deal on ethnically-split Cyprus, the head of its executive said on Thursday. Ursula von der Leyen, who was visiting Cyprus,...
Jul 08, 2021
Panasonic boss says Tesla relationship unaffected by share sale
TOKYO (Reuters) -Panasonic Corp's new CEO on Thursday said the Japanese company's battery supply relationship with Tesla Inc remains strong even after it sold all its shares in the U.S. electric carma...
Jul 08, 2021
No ‘clear facts’ to show Malaysia PM has lost majority – attorney general
KUALA LUMPUR (Reuters) - Malaysian Prime Minister Muhyiddin Yassin and his cabinet will continue to exercise their executive powers as there are no "clear facts" to show that the premier has lost his ...
Jul 08, 2021
