China’s Nio says new Firefly EV to go on sale in Europe in H1 2025
BEIJING (Reuters) -China’s Nio (NYSE:NIO) on Sunday said it would launch its new Firefly electric vehicle brand in Europe early in the first half of 2025, betting that it would help the company overcome European Union tariffs. William Li, Nio’s…
Starbucks workers expand strike in US cities including New York
(Reuters) – Starbucks (NASDAQ:SBUX) workers have expanded their strike to four more U.S. cities, including New York, the union representing over 10,000 baristas said late on Saturday. The five-day strike, which began on Friday and initially closed Starbucks cafes in…
Fitch raises Sri Lanka rating after creditor nod to $12.55 billion debt overhaul
(Reuters) – Credit ratings agency Fitch on Friday upgraded Sri Lanka’s long-term foreign-currency default rating to ‘CCC+’ from ‘restricted default’ (RD) following approval by creditors of the country’s $12.55 billion debt overhaul earlier this week. The island nation’s bondholders overwhelmingly…
Explainer-What options does PM Trudeau face in Canada’s leadership crisis?
By David Ljunggren OTTAWA (Reuters) – The head of a Canadian political party that has been keeping Prime Minister Justin Trudeau in power said on Friday he would vote in favor of a motion of no-confidence, effectively assuring the Liberals…
US government shutdown showdown creates another investor worry
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The messy process of trying to avert a U.S. government shutdown offers investors a glimpse into challenges the incoming Trump administration will face in implementing its agenda, adding a market concern for…
Venture Global applies to list on NYSE
(Reuters) -Venture Global has applied to list its Class A common stock on NYSE under the symbol “VG”, according to a company filing on Friday. The LNG company said Goldman Sachs & Co (NYSE:GS)., J.P. Morgan, BofA Securities, ING, RBC…