Tag: Maker
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Stellantis to invest €1.5bn for 20% stake in Chinese EV maker Leapmotor
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stellantis will invest €1.5bn to acquire about 20 per cent of Chinese electric vehicle start-up Leapmotor in a fresh attempt to crack China’s car market and capitalise on what it called a Chinese “offensive”…
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Voltas working to transform into a full-fledged home appliance maker
[ad_1] Air-conditioner (AC) manufacturer Voltas is rethinking its plan to make compressors in the country, The Economic Times (ET) has reported. The company is considering manufacturing these compressors in partnership with a company from Japan or South Korea. This comes after an earlier attempt to set up a joint venture (JV) with China’s Highly International…
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BYD: The top electric car maker that is not Tesla
[ad_1] But, on the less bright side, Beijing’s tensions are also growing with many of the countries – not least the US and European Union nations – that are export markets for its electric vehicles or EVs. As the world shifts to new, cleaner technologies, this is yet another example of how tough it will…
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How Top Opioid Maker Seeks to Avoid Justice
[ad_1] Editor’s Note: This article is a reprint. It was originally published April 10, 2019. In November 2016 then-U.S. Surgeon General Dr. Vivek Murthy reported that 78 Americans were dying every day from opioid overdoses — four times as many as in 1999.1 Requesting a nationwide call to action, Murthy asked the country to shift…
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Birkenstock, the German Sandal Maker, Raises $1.48 Billion in Its I.P.O.
[ad_1] The News Birkenstock, the German shoemaker known for producing cork-soled sandals worn by California hippies and Steve Jobs before taking the fashion world by storm, raised about $1.48 billion in an initial public offering, the company said on Tuesday. Birkenstock set the price of its shares at around the middle of the range it…
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Chocolate Maker Did Not Evacuate Workers Before Deadly Blast, OSHA Says
[ad_1] A chocolate manufacturer, R.M. Palmer Company, failed to evacuate a Pennsylvania factory after some employees reported smelling gas before an explosion leveled part of the plant in March, killing seven workers, a federal official said this week. “Seven workers will never return home because the R.M. Palmer Co. did not evacuate the facility after…
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Crisis-struck German maker of Playmobil toys cuts jobs
[ad_1] The crisis-hit German toy company behind Playmobil, the small plastic figures loved by children the world over, said on Monday that it was cutting 17 percent of its workforce. The Horst Brandstaetter Group, named after its founder, plans to slash nearly 700 positions worldwide by 2025, 369 of them in Germany, amid long-running business…
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Maker Price Prediction for Today, September 30 – MKR Technical Analysis
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage According to the daily chart, the Maker price prediction shows that MKR remains above the moving averages to hit the $1600 level. Maker Prediction Statistics Data: MKR price now – $1538.8 MKR market cap – $1.5 billion MKR circulating supply –…
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Chinese battery maker EVE joins Cummins, Daimler Truck, and Paccar to build JV in the US · TechNode
[ad_1] Chinese lithium battery manufacturer EVE (Energy Very Endure) has reached an agreement to build a joint venture with Accelera by Cummins, Daimler Truck, and Paccar, through its subsidiary EVE Energy US Holding LLC, according to a September 8 report by a Chinese media outlet IThome. The four entities plan to establish a company focused…
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Maker of the spicy ‘One Chip Challenge’ pulls product from store shelves : NPR
[ad_1] A package of Paqui OneChipChallenge spicy tortilla chips is seen on Thursday, Sept. 7, 2023, in Boston. Steve LeBlanc/AP hide caption toggle caption Steve LeBlanc/AP A package of Paqui OneChipChallenge spicy tortilla chips is seen on Thursday, Sept. 7, 2023, in Boston. Steve LeBlanc/AP WORCESTER, Mass. — The maker of an extremely spicy tortilla…
