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The PA news agency understands the issue began on Tuesday afternoon and was resolved towards the end of the day.
Coral Energy proudly announces the successful completion of its management buyout (MBO), marking a transformative milestone for the company. This strategic initiative reinforced Coral Energy's commitment to continued growth, operational excellence, and transparency under the leadership of its senior management team. The full buyout by the management executives from the founding shareholder was completed in April 2024.
WikiLeaks founder Julian Assange walked out of a U.S. courthouse in the remote island of Saipan a free man, after pleading guilty to violating the Espionage Act by publishing U.S. military secrets.
Shares of this cloud company are down 48% from their 52-week high, but prospects are good for better times ahead.
It is hard to get excited after looking at Oriental Food Industries Holdings Berhad's (KLSE:OFI) recent performance...
A rare unscheduled revision to Japan's first-quarter gross domestic product (GDP) may lead to a sharp downgrade, possibly affecting the central bank's growth forecasts and the timing of its next interest rate hike, some analysts say. The government said on Tuesday it will revise GDP figures for January-March to reflect corrections made in construction orders data, and announce the findings on July 1. Given the big downward revision to the construction orders data, the revised January-March GDP figures are likely to show the economy contracted more than expected, some analysts say.
STORY: Rivian shares soared in late trade Tuesday after Volkswagen said it was investing up to $5 billion in the EV maker. The stock gained around 50% in extended hours following the news.It all comes as part of a new joint venture, meant to share EV architecture and software. And it will give Rivian the funding it needs to develop new, more affordable models. It should also help its cashflow turn positive. In return, VW will get to use Rivian technology. That would not just be at its namesake unit, but across group brands like Audi, Porsche and Lamborghini. Analysts see that as a big win for the German giant, which has struggled with EV software. It’s over budget and behind schedule on goals it set for developing the technology. Industry watchers say it’s also a big plus for Rivian, giving investors more faith in its future. It’s been losing nearly $40,000 on every vehicle it delivers, though it has at least avoided filing for bankruptcy like some other startups. The company said recently it had overhauled its manufacturing process to cut costs and, hopefully, drive it towards profit. Shares in the firm had halved this year, ahead of news of the VW boost.
Today we're going to take a look at the well-established Rolls-Royce Holdings plc ( LON:RR. ). The company's stock saw...
Wall Street is adjusting estimates ahead ofthe EV maker’s second-quarter delivery report. Figures, for the most part, are coming down.