EV maker Rivian shares have record drop after convertible bond offering launched
By Chibuike Oguh and Abhirup Roy NEW YORK (Reuters) -Shares of Rivian Automotive Inc fell by nearly 23% on Thursday,…
Day: October 5, 2023
Biden team weighs using US State Dept grants to fund weapons for Ukraine -US official
(Reuters) – The Biden administration is considering using a U.S. State Department grant program to send additional military aid to…
BlackBerry to separate IoT and cybersecurity businesses, plans IPO
(Reuters) -Canadian technology company BlackBerry said on Wednesday it would separate its Internet of Things (IoT) and cybersecurity business units…
Putin says Russia’s economy can cope with higher defence spending on war
MOSCOW (Reuters) – The Russian economy can cope with higher military spending to fund the war in Ukraine now and…
Global miner BHP to focus on cost cuts, patient on M&A
By Melanie Burton MELBOURNE (Reuters) -Global miner BHP Group is focused on cutting costs to drive growth while being patient…
UAW, automakers signal progress after days of stalemate -sources
By Joseph White and David Shepardson DETROIT (Reuters) – Negotiators for the United Auto Workers and Ford Motor have narrowed…