Paris and Brussels have agreed on the broad principles of a deal to restructure power group EDF, two French government sources said on Thursday, adding that France hoped an agreement would be sealed in the coming weeks.
LG Energy Solution said on Thursday it plans to invest more than US$4.5 billion in its U.S. battery production business through 2025 and add 4,000 jobs as it considers building at least two new U.S. plants, a company executive told reporters.
Swedish telecoms operator Tele2 and Delivery Hero's foodora have joined forces on a pilot scheme for self-driving home deliveries by robot in Stockholm.
China's antitrust regulators are mulling levying a record fine against Alibaba Group Holding Ltd over its anticompetitive behavior, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The head of Texas's power regulator told lawmakers on Thursday that any effort to retroactively reduce the power prices levied during a recent storm would lead to lawsuits that the state could lose.
British American Tobacco said on Thursday it will buy a nearly 20per cent stake in Canada-based cannabis producer Organigram for about 126 million pounds (US$175.8 million) as it seeks to expand beyond its main tobacco business.
The number of Americans filing new claims for jobless benefits dropped to a four-month low last week as an improving public health environment allows more segments of the economy to reopen, putting the labor market recovery back on track.
Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, is seeking to raise US$4 billion for a fund to invest in various asset classes, according to people familiar with the matter.
The head of Texas's power regulator told lawmakers on Thursday that any effort to retroactively reduce the power prices levied during a recent storm would lead to lawsuits that the state could lose.
Chinese e-commerce company JD.com Inc reported a 31per cent jump in fourth-quarter revenue on Thursday as more shoppers flocked to its website on the back of a broader shift to online shopping triggered by the COVID-19 pandemic.
