By Luciana Magalhaes SAO PAULO (Reuters) - Global Eggs, a group controlled by Brazilian entrepreneur Ricardo Faria, has completed its $1.1 billion acquisition of U.S. egg producer Hillandale Farms, just weeks after closing a new deal in Europe, Faria told Reuters on Tuesday. Last month, Global Eggs signed an agreement to acquire Spanish company Granja Legaria, Faria said, adding that Legaria ...
Investing.com -- Wolfe Research upgraded First Solar (NASDAQ:FSLR) to Outperform from Peer Perform and set a price target of $221 on the stock in a note on Tuesday. The firm highlighted improved clarity on key tax credits and favorable policy momentum for the company. “We’re upgrading FSLR on better clarity on 45X credits for the first time since election year politics started i ...
(Reuters) - The Trump administration is weighing a deal that would allow the UAE to import more than a million advanced Nvidia (NASDAQ:NVDA) chips, a quantity that far exceeds limits under Biden-era AI chip regulations, Bloomberg News reported on Tuesday. The deal, which is still being negotiated and could change, would let the UAE import 500,000 of the most advanced chips on the market each year ...
BERLIN (Reuters) -Volkswagen’s cost-cutting programme in Germany, signed off with unions last December, has so far led to an average cut in factory costs of 13%, brand CEO Thomas Schaefer told the Financial Times at a conference on Tuesday. Managers and works council representatives recently reported progress towards cost-cutting targets at the carmaker’s first quarterly review since the agree ...