Business

Ford and partners pick Canada for $900 mln battery materials plant
Business

Ford and partners pick Canada for $900 mln battery materials plant

The Ford logo is seen on the grill of an E-transit concept vehicle at the Ford Halewood transmissions plant in Liverpool, Britain, December 1, 2022. REUTERS/Phil Noble//File Photo Acquire Licensing RightsOTTAWA, Aug 17 (Reuters) – A consortium of Ford Motor Co (F.N) and South Korean companies on Thursday said they would build a C$1.2 billion… […]

Tapestry flags weak annual profit, misses qtrly sales on softer U.S. demand
Business

Tapestry flags weak annual profit, misses qtrly sales on softer U.S. demand

[1/2]A signage is seen in the offices of Tapestry, Inc., in Manhattan, New York, U.S., November 19, 2021. REUTERS/Andrew Kelly Acquire Licensing RightsCo says lower-income cohort under pressure in N. AmericaChina recovery momentum to benefit FY24 salesCoach sales grow 5% over quarterAug 17 (Reuters) – Coach parent Tapestry (TPR.N), which agreed to buy Capri (CPRI.N)… […]

Footwear maker Bata India in partnership talks with Adidas -TV18
Business

Footwear maker Bata India in partnership talks with Adidas -TV18

The logo of Bata shoes brand is pictured on a store in Paris, France, February 15, 2016. REUTERS/Charles Platiau/File Photo Acquire Licensing RightsBENGALURU, Aug 17 (Reuters) – Bata India (BATA.NS) is in talks with Adidas (ADSGn.DE) for a strategic partnership that could likely boost the German sportswear maker’s presence in the south Asian country, CNBC-TV18… […]

Panama Canal extends transit restrictions through Sept. 2
Business

Panama Canal extends transit restrictions through Sept. 2

Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. REUTERS/Aris Martinez/File Photo Acquire Licensing RightsPANAMA CITY, Aug 16 (Reuters) – The Panama Canal Authority on Wednesday notified shippers it is extending through Sept. 2 restrictions for vessels to… […]

Analysis: Short sellers play heroes and villains in the U.S. bank crisis
Business

Analysis: Short sellers play heroes and villains in the U.S. bank crisis

April 9 (Reuters) – As First Republic Bank’s share price fell by double-digits in the aftermath of the collapse of Silicon Valley Bank last month, some people close to the San Francisco-based lender were worried short sellers were exacerbating its travails, according to a source familiar with the situation.Investors who wager shares in a company… […]