[ad_1] NEW YORK, Aug 22 (Reuters) – Private equity firm Roark Capital is in the lead to acquire sandwich chain Subway for well over $9 billion after attaching conditions to…
Tag: CPROD
China’s EV makers face cost and consumer challenges to conquer Europe
[ad_1] Chinese EV makers growing market share in Europe, target more Chinese brands unlikely to be able to sell as cheaply as at home Import costs and low brand recognition…
Nestle increases local sourcing in South Africa with new processing plant
[ad_1] [1/2]Nescafe Gold boxes are seen during a production process at Nestle’s newly expanded Babelegi manufacturing plant in Hammanskraal, South Africa July 18, 2023. REUTERS/Anait Miridzhanian HAMMANSKRAAL, South Africa, July…
China to require all apps to share business details in new oversight push
[ad_1] The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter/File Photo HONG KONG, Aug 9 (Reuters) – China will require all mobile app providers in…
Exclusive: Amazon in talks to become anchor investor in Arm ahead of IPO
[ad_1] [1/2]The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol/File Photo NEW YORK, Aug 8 (Reuters) – Amazon.com (AMZN.O)…
EXCLUSIVE Baidu plans smart EV company, to make cars at Geely plant – sources
[ad_1] BEIJING, Jan 7 (Reuters) – China’s Baidu Inc (BIDU.O) plans to form a company to make smart electric vehicles (EV), two sources familiar with the matter said, with manufacturing…
US opens probe into 280,000 new Tesla vehicles over steering issue
[ad_1] WASHINGTON, Aug 1 (Reuters) – U.S. auto safety regulators said Tuesday they have opened an investigation into 280,000 new Tesla (TSLA.O) Model 3 and Model Y vehicles over reports…
Germany to earmark 900 million euros in subsidies for e-car charging systems
[ad_1] [1/2]An electric vehicle (EV) fast charging station is seen in the parking lot of a Whole Foods Market in Austin, Texas, U.S., December 14, 2016. REUTERS/Mohammad Khursheed/File Photo BERLIN,…
Dutch curb chip equipment exports, drawing Chinese ire
[ad_1] ‘Limited’ number of companies, products affected – minister Curbs expected to come into effect on Sept. 1 China says move violates trade rules ASML says no change to financial…