By Jonathan StempelNEW YORK (Reuters) -Unilever on Friday rejected the claim it tried to oust former Ben & Jerry’s chief executive Dave Stever for supporting his company’s progressive social activism, saying it offered him a bigger role and more pay but he chose to resign.In a court filing, Unilever (LON:ULVR) also sought the dismissal of Ben & Jerry’s lawsuit seeking to stop its a ...
(Reuters) -Elon Musk’s xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial intelligence startup and social media business, Bloomberg News reported on Friday, citing people familiar with the matter.The transaction would value the company at more than $120 billion, the report said, citing one of the people.The amount in the round could ...
SHANGHAI (Reuters) - (This April 24 story has been corrected to add a Leapmotor (HK:9863) statement clarifying that it is not holding ongoing discussions or negotiations with Ferrari over a partnership and to remove Ferrari from the headline)Leapmotor has struck a deal with Chinese state-owned automaker FAW to deliver an electric vehicle platform that will be used to drive overseas sales for Hongq ...
TOKYO (Reuters) -Nissan Motor wants to end vehicle production at its Wuhan plant in China by March 31, 2026, two sources with knowledge of the plan said. The decision comes after the operation rate at the 300,000 vehicle capacity plant, which produces the Ariya electric vehicle and X-Trail SUV, fell off amid stiff competition from Chinese automakers, the Yomiuri newspaper reported earlier. Nissan ...