Newswire

  • Newswire

    German stocks - Factors to watch on June 23  

    FRANKFURT, June 23 (Reuters) - The following are some of the factors that may move German stocks on Friday: BREXIT Theresa May offered fellow EU leaders a "fair" deal on Thursday for compatriots living in Britain after Brexit, though her peers sounded sceptical and demanded more detail from a prime minister weakened by an electoral misfire two weeks ago. ALLIANZ...More
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    BRIEF-Chongqing Changan Automobile to dispose M302 production line at no less than 13.6 mln yuan  

    April 21 (Reuters) - Chongqing Changan Automobile Co Ltd : * Says it plans to list its production line (M302) at no less than 13.6 million yuan Source text in Chinese: https://goo.gl/B6HVCU Further company coverage: (Beijing Headline News)...More
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    BRIEF-Advanced Braking Technology updates on production delays from suppliers  

    June 23 (Reuters) - Advanced Braking Technology Ltd : * Had experienced further production delays from its suppliers of Terra Dura brake components * Fault was discovered as part of ABT'S regular quality control inspection process * Production delays will result in first production sets now being made available to customers in July 2017 Source text for Eikon: Further company coverage:...More
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    BRIEF-Los Angeles County Metropolitan Transportation Authority approves REV Group subsidiary's recommendation for award of contract  

    June 22 (Reuters) - REV Group Inc- * REV Group says along with related optional vehicle features, spare parts and training, contract award represents over $400 million in revenue over contract life * REV Group subsidiary Eldorado National-California (ENC) learns of Los Angeles County Metropolitan Transportation Authority approval of recommendation for award of contract Source text for Eikon: Further company coverage:...More
  • Newswire

    BRIEF-Shanghai Electric says Co did not sign any JV agreement with Tesla  

    June 23 (Reuters) - Shanghai Electric Group Co Ltd * As of date of this announcement, Co did not get in touch with Tesla and did not sign any joint venture agreement with Tesla * Noticed that certain news agents reported that tesla, inc. signed a joint venture agreement with company Source text for Eikon: Further company coverage:...More
  • Newswire

    BRIEF-Workhorse Group enters into at market issuance sales agreement with Cowen  

    June 22 (Reuters) - Workhorse Group Inc: * Workhorse Group Inc says on June 22, co entered into an at market issuance sales agreement with Cowen And Company, Llc - SEC filing * Workhorse Group - under agreement, co may offer, sell shares of its stock, par value $0.001 per share having aggregate offering price of up to $25 million Source text: (http://bit.ly/2sZT50Q) Further company coverage:...More
  • Newswire

    U.S. business borrowing for equipment rises 13 percent in May - ELFA  

    June 22 (Reuters) - Borrowing by U.S. companies to spend on long-term investments rose 13 percent in May from a year earlier, a survey by trade group showed, indicating higher confidence in the economy's growth prospects. Companies signed up for $7.7 billion in new loans, leases and lines of credit in May, according to the Equipment Leasing and Finance Association (ELFA)....More
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    UPDATE 1-Strike at Volkswagen's Slovak unit to continue after talks fail - union  

    * Unions and management fail to agree on pay rise * Strike may continue for another week * Car production is the driving force of Slovak economy * 12 days of strike seen reducing GDP by 0.1 points (Adds union chief quote, details on workers' demands, background) By Tatiana Jancarikova BRATISLAVA, June 22 (Reuters) - A strike at Volkswagen's Slovak unit will continue into a fourth day after talks on wage deal failed, union chief Zoroslav Smolinsky said on Thursday....More
  • Newswire

    Dispute at key German plant could hit Daimler output  

    FRANKFURT, June 22 (Reuters) - Germany's Daimler could suffer a drop in production of Mercedes-Benz luxury cars next month because of a dispute over future projects between management and unions at a key plant. The works council at Untertuerkheim, home to Daimler's global headquarters, will oppose any overtime work from July 1 if management refuses to assign orders for development and production of an electric powertrain to the plant, works council chief Wolfgang Nieke said on Thursday....More
  • Newswire

    BRIEF-Tesla in talks to create its own streaming music service - Recode  

    June 22 (Reuters) - * Tesla talking to music industry about creating its own streaming music service; had talks about licensing music service to bundle with its cars - Recode Source text : http://bit.ly/2s02nFd Further company coverage:...More
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