Nissan Motor to Invest Over $2 Billion in EV, Battery Business in U.K.
Nissan Motor plans to invest up to $2.39 billion in electric vehicles, battery production and infrastructure in the U.K.
LG Electronics Unveils Restructuring to Boost Global Competitiveness
LG Electronics will set up a new sales and marketing entity to oversee international business, part of a series of restructuring moves to boost its competitiveness and growth.
Novo Nordisk to Boost Wegovy Production in France
Novo Nordisk said it will invest more than $2 billion in its French production site as it seeks to meet rising demand for its blockbuster obesity and diabetes treatments.
Crews Extinguish Fire After CSX Train Derailment in Kentucky
Officials say residents can return to their homes after a spill of molten sulfur.
OpenAI Got Its CEO Back. What Happens Next?
Sam Altman has returned and the company is to expand its board and explore governance changes, but who won and who lost in its new power structure?
China Property Stocks Jump on Hopes for ‘White List’ Financing
Chinese property stocks climbed in Hong Kong trade amid rising hopes that Beijing will soon make dozens of companies eligible for financing, including developers that have defaulted on debt.
Brookfield Consortium’s Revised Origin Energy Offer Fails to Convince Biggest Shareholder
A consortium led by Brookfield Asset Management made last-ditch changes to its near $11 billion offer for Origin Energy but failed to convince Origin’s biggest shareholder to back the deal.
Colt Makes $1.74 Billion Offer for Vista Outdoor, Gate-Crashing Rival Deal
The unsolicited offer comes after Vista and the Czechoslovak Group, or CSG, announced their own deal in October.
Bankrupt Crypto Lender Genesis Global Sues to Recover $689.3 Million in Digital Assets
Genesis Global has filed a lawsuit to recover about $689.3 million worth of digital assets that a former business partner withdrew from the cryptocurrency lender before it filed for chapter 11 bankruptcy protection.
GM’s Cruise Draws Plans to Resume a Downsized Robotaxi Service
General Motors’ Cruise driverless-car unit plans to focus on a single city and shelve plans for a GM-built shuttle, new president says.
Source: Dow Jones Newswires