STOCKHOLM, Jan 16 Reuters Swedish lithiumion battery producer Northvolt said on Tuesday it has raised 5 billion in the form of the largest green loan raised in Europe as it seeks to expand its battery factory in northern Sweden. The company has now secured more than 13 billion in equity and debt to expand its […]

PARIS, Jan 16 Reuters French shipping giant CMA CGM and FrenchDutch carrier Air FranceKLM on Tuesday said they would withdraw from their existing commercial agreement for cargo transports in view of reshaping the partnership. Air FranceKLM and CMA CGM have begun discussions on new terms and conditions of a commercial relation to operate independently from March […]

Q4 202223 revenue up 10.9 Hit highest ever level of sales over Christmas peak Sees revenue growth in 202324 in midhigh single digits. LONDON, Jan 16 Reuters British online supermarket Ocado Retail said on Tuesday it would return to positive earnings for the 202223 year after revenue growth accelerated in its fourth quarter as it […]

JERUSALEM, Jan 15 Reuters Israeli foodmaker Strauss Group said on Monday it would raise some prices due to the higher cost of items such as tahini and olive oil, and expand a cost cutting programme to save up to 55 million shekels 15 million a year. One of the country39;s largest food producers with a 12 […]

Jan 15 Reuters Daimler Truck group sales grew by 1 in 2023 to 526,053 units, the German truck maker said on Monday, citing ongoing supply shortages in key regions. Sales of electric vehicles rose more than threefold across the past 12 months, it added. The MercedesBenz brand was the only outlier, seeing its sales decline by […]

Jan 15 Reuters Sweden39;s Volvo said on Monday it had signed an option agreement to sell its Arquus defence unit to John Cockerill Defense, and would book a fourthquarter operating loss from the deal of some 900 million Swedish crowns 87.44 million. Volvo expected consultations to become finalised during the first quarter of this year. In […]