Tag: businessNews

Guoxuan says in talks with Volkswagen, hasn’t reached binding agreement

FILE PHOTO: A Volkswagen logo is seen at a construction completion event of SAIC Volkswagen MEB electric vehicle plant in Shanghai, China November 8, 2019. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) – Guoxuan High-Tech Co Ltd (002074.SZ) is in talks with Volkswagen AG (VOWG_p.DE) for potential strategic cooperation in technology, product, and capital, the Chinese battery […]

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Airbus unit to offer product to help airlines with revenue volatility

LONDON (Reuters) – A subsidiary of Airbus (AIR.PA), the world’s largest planemaker, is preparing to launch a financial product aimed at helping its airline customers hedge against risks to revenue, officials said. FILE PHOTO: The logo of Airbus is pictured at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, November 15, 2019. […]

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Tesla moves a step closer to opening first European factory with German property deal

FILE PHOTO: A demonstrators holds pro-Tesla poster during an action to support plans by U.S. electric vehicle pioneer Tesla to build its first European factory and design center in Gruenheide near Berlin, Germany January 18, 2020. REUTERS/Pawel Kopczynski BERLIN (Reuters) – U.S. electric car pioneer Tesla (TSLA.O) has agreed to buy a property on the […]

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