Page 2 - M 2dy News Today

Lotus Technology, a new unit of China's Geely (GEELY.UL) set up to develop the technology to power Lotus sports cars, is planning to raise $400 million to $500 million before the end of this year, its chief financial officer told Reuters.

Coca Cola Hellenic Bottling Company plans to invest one billion dollars in the Egyptian market over the next five years, after acquiring Coca Cola Egypt, a statement from the Egyptian Cabinet said on Wednesday.

The Treasury Department on Wednesday extended licenses for

Britain and Gulf Cooperation Council (GCC) countries are negotiating a free-trade agreement, Britain's investment minister, Gerry Grimstone, said on Monday.

Higher tax payments and foreign exchange losses pushed Mexico's Petroleos Mexicanos back into the red in the third quarter, even as crude production recovered somewhat, the state oil company said on Thursday.

Britain said on Wednesday that people should buy normally for Christmas and there would be no shortage of gifts after shipping containers carrying toys and electrical goods were diverted from the country's biggest port because it was full.

State prosecutors in the state of Minas Gerais have filed a lawsuit seeking 2.5 billion reais ($457 million) from miners Vale , Samarco (SAMNE.UL) and BHP related to a tailings dam disaster in 2015, according to a statement on Tuesday.