Volkswagen truck brand Scania has signed a battery supply deal with Sweden’s Northvolt and is in talks about making an equity investment as part of the startup’s efforts to raise 1.5 billion euros, Scania’s chief executive said.
Amazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders.
A Chinese-Taiwanese group is delaying an up to 80 billion yen ($729.33 million) investment planned as part of a rescue deal for Apple Inc supplier Japan Display as it wants to reassess the target’s prospects, the Japanese firm said.
The decision of U.S. asset manager BlackRock to pull out of the rescue of Italian troubled bank Carige makes state intervention more plausible, Moody’s Investors Service said on Monday.
Impossible Foods, which makes a meatless plant-based burger and is backed by celebrities like Serena Williams and Katy Perry, said on Monday it has raised $300 million in the latest round of funding ahead of a possible initial public offering.
Three years ago, the beginning of the end of the U.S. television business looked certain when one of the largest ad buying agencies vowed to move a big chunk of its purchases to YouTube from TV budgets.
Novartis on Monday said claims of price fixing against its Sandoz generics unit amid a U.S. probe of 20 drugmakers are without merit, with the Swiss company vowing to fight allegations in a lawsuit filed last week.
Germany is liaising closely with the European Union on a U.S. threat to impose higher car tariffs, the Economy Ministry said on Monday, adding that the German government would not speculate about the timing of the U.S. decision.
Global equities fell on Monday after their worst week of 2019, as hopes of an imminent U.S.-China trade deal were crushed and neither side showed a willingness to budge, raising fears of a fresh round of tit-for-tat tariffs.
Bitcoin hovered above $7,000 on Monday, close to nine-month highs, as the biggest cryptocurrency’s 2019 rally gathered steam.
Euronext won approval from Norway’s Ministry of Finance to buy up to 100% of Oslo Bors on Monday, effectively ending a five-month battle with Nasdaq for one of the last independent stock market operators in Europe.
China will never surrender to external pressure, the government said on Monday, though stopped short of announcing how Beijing will hit back after Washington renewed its threat to impose tariffs on all Chinese imports in an escalating trade dispute.
China’s foreign ministry said on Monday the country will never surrender to external pressure after Washington renewed its threat to impose tariffs on all Chinese imports in an escalating trade dispute.
The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any “bitter fruit” that harmed its interests.
French fashion group Kering, whose brands include Gucci and Saint Laurent, said it had set out internal guidelines for dealing with the welfare of animals, as fashion companies look to tighten their ethical standards.
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