Month: December 2022

Reuters exclusively reported Zeekr, one of Chinese automaker Geely’s upmarket electric car brands, has confidentially filed for a U.S. initial public offering, aiming to raise more than $1 billion. Zeekr confirmed the news a day later. The post Reuters reveals Zeekr, a premium Geely electric car brand, seeks over $1 billion in U.S. IPO appeared […]

Reuters shed light on how Greece’s biggest power utility Public Power Corp has signed an exclusivity agreement with Italy’s Enel for the possible acquisition of its assets in Romania. During the exclusive talks by the end of January next year, PPC will conduct a financial audit of the assets, the company said in a statement. […]

Reuters was first to report on Monday that China may announce 10 new COVID-19 easing measures. Reuters reported that China will allow home quarantine for some of those testing positive, among other supplementary measures set to be announced. Those measures would be a significant shift from three years of zero-tolerance measures, from shuttered borders to frequent […]

Reuters took readers on a deep dive into how HMD Global Oy, the exclusive licensee of Nokia-branded smartphones, has filed a complaint to European Union antitrust regulators against VoiceAge EVS’s patent practices and royalty rates. HMD and VoiceAge EVS are fighting in courts in Germany, the United States and Brazil over various patents for technology […]

Reuters was first to report that Florida had pulled $2 billion worth of assets managed by BlackRock, the biggest such divestment by a state opposed to the asset manager’s environmental, social and corporate governance policies. The post Reuters reveals Florida pulls $2 bln from BlackRock in largest anti-ESG divestment appeared first on Reuters News Agency.

Reuters exclusively revealed that Mexico’s energy ministry tried to block the publication of stricter rules on natural gas flaring, saying they would hurt state oil company Pemex. Documents seen by Reuters showed a concerted effort by the ministry to stop Mexico’s official gazette from publishing tighter rules drafted by an independent regulator. The ministry said […]

Reuters exclusively reported that a proposed United Nations plastic waste treaty must consider putting restrictions on the most problematic plastics, Japan’s lead negotiator told Reuters, marking the first time the country has suggested it would support curbs on plastic production. The post Reuters reveals UN treaty must tackle production of problematic plastics, Japan says appeared […]

Reuters shed light on how according to Chinese state media, more than 2.6 million people have signed up for the nationwide civil service exam, competing for a record 37,000 central government jobs and tens of thousands of other provincial and city government posts. Those jobs are drawing record interest this year even as cash-strapped administrations […]

Reuters exclusively reported that India plans to offer cash subsidies, lower taxes and other incentives to bolster its shipbuilding industry, as part of an effort to reduce the pain of high freight rates for the nation’s manufacturers. The plans include subsidies so that at least 50 new vessels can be built, as well as granting […]

Reuters exclusively reported that Elon Musk’s Neuralink is under federal investigation for potential animal-welfare violations amid internal staff complaints that its animal testing is being rushed, causing needless suffering and deaths. The post Reuters reveals Musk’s Neuralink faces federal probe, employee backlash over animal tests appeared first on Reuters News Agency.