Stuff that matters
Italy’s Iveco (IVG.MI) showcased on Monday a prototype of the hydrogen powered eDaily large van it has developed with Hyundai Motor (005380.KS), the first tangible outcome of a wider partnership between the two manufacturers. Iveco and South Korea’s Hyundai Motor Read more
Tesla (TSLA.O) completed a project to expand production capacity at its Shanghai plant on Monday, according to a statement on a Shanghai government platform for companies’ environmental information disclosures. Tesla will test the production lines for the upgrade during From Read more
The founders of ice cream maker Ben & Jerry’s said on MSNBC on Sunday that parent Unilever PLC (ULVR.L) is in violation of the 2000 merger deal over its sale of Ben & Jerry’s business in Israel to a local Read more
Daimler Truck’s (DTGGe.DE) deliveries could have been higher by a “five-digit figure” in 2021 and 2022 if it had not faced supply chain problems, its chief executive Martin Daum told Reuters. Daum said in an interview on the sidelines of Read more
U.S. investment bank Raine Group has tapped Jonathan Pflug, Morgan Stanley’s head of Southeast Asia M&A, to lead its coverage in Southeast Asia, two sources familiar with the matter said on Monday. Morgan Stanley and Raine did not immediately reply Read more
Drug distributor McKesson Corporation (MCK.N) said on Monday it would acquire private pharma technology firm Rx Savings Solutions for up to $875 million. The company helps health insurers and employers seek lower cost prescription medicines, and also provides ongoing medication Read more
The underlying pressures driving inflation in Canada are likely to peak in the fourth quarter of this year, economists told Reuters, though most see signs fast rising prices are becoming entrenched and warn a recession may be needed to avoid Read more