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EV maker Lordstown Motors begins bankruptcy embroiled in disputes

U.S. electric truck manufacturer Lordstown Motors began its bankruptcy case embroiled in litigation, laying out disputes with estranged partner Foxconn, rival electric vehicle manufacturer Karma Automotive, the U.S. Securities and Exchange Commission and several investor...

California , United-states , Delaware , Lordstown , Ohio , Mary-walrath , James-sowka , Stephen-coates , Dietrich-knauth , Matthew-murphy , Thomas-lauria , Us-securities-exchange

UPDATE 2-Colombian business magnate Gilinski offers to buy GPA's Exito

Brazilian retailer GPA said on Wednesday it had received an unsolicited offer from Colombian business magnate Jaime Gilinski to take over its subsidiary, Almacenes Exito, in a deal worth $836 million.

Mexico , Brazil , France , Colombia , United-states , American , French , Colombian , Brazilian , Jaime-gilinski , Jean-charles-naouri , Daniel-kretinsky

UPDATE 1-Saudi sovereign wealth fund PIF sells McLaren stake to Bahrain -Sky News

Bahrain's state investment fund Mumtalakat is buying preference shares and warrants worth 400 million pounds ($510.48 million) in carmaker McLaren from Saudi Arabia's Public Investment Fund (PIF) and Ares Management, Sky News reported on Wednesday.

Saudi-arabia , Bengaluru , Karnataka , India , Bahrain , United-kingdom , British , Saudi , Bharat-govind-gautam , Matthew-lewis , Chris-reese , Khalid-al-rumaihi

Philippines' Metro Pacific pushes back delisting, entry of Japan's Mitsui

Philippine infrastructure firm Metro Pacific Investments Corp is delaying its stock exchange delisting, the firm said on Thursday, holding up a planned entry of Mitsui & Co Ltd and a Japan government-backed fund.

Indonesia , Manila , Philippines , Japan , Japanese , Indonesian , Metro-pacific , Neil-jerome-morales , Kanupriya-kapoor , Anthoni-salim-first-pacific-co-ltd , Reuters , Mitsui-co-ltd

UPDATE 1-Spain's FCC sells 25% of its environmental subsidiary for $1 billion

Spain's FCC has agreed to sell a quarter of its environmental subsidiary's share capital to Canadian global management group CPP Investments for 965 million euros ($1.06 billion), it said on Thursday.

Portugal , Australia , United-kingdom , Spain , Germany , Mexico , United-states , Canada , America , Canadian , German , Britain

Philippines' Metro Pacific pushes back delisting, entry of Japan's Mitsui

Philippine infrastructure firm Metro Pacific Investments Corp is delaying its stock exchange delisting, the firm said on Thursday, holding up a planned entry of Mitsui & Co Ltd and a Japan government-backed fund.

Manila , Philippines , Indonesia , Japan , Japanese , Indonesian , Metro-pacific , Neil-jerome-morales , Kanupriya-kapoor , Mitsui-co-ltd , Thomson-reuters-trust-principles , Metro-pacific-investments-corp

UPDATE 2-Sweden's SBB may consider asset sales or sale of company

Struggling Swedish real estate group SBB is broadening a strategic review to include the options of a potential sale of the whole company or some of its business segments, it said on Monday, sending its shares up more than 9%.

Stockholm , Sweden , Swedish , Jason-neely , Marie-mannes , Anna-ringstrom , Sonali-paul , Bertil-nilsson , Reuters , Thomson-reuters-trust-principles , Thomson-reuters-trust , Sbb

Four bidders vie for stake in Exxon LNG terminal in Italy - sources

Four international groups are competing to buy majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said.

Qatar , Blackrock , South-australia , Australia , Houston , Texas , United-states , Italy , Milan , Lombardia , Germany , Russia

UPDATE 1-Italy aims to boost banking competition with Monte dei Paschi sale

Italy intends to boost competition among banks with the privatisation of bailed-out lender Monte dei Paschi di Siena (MPS), Economy Minister Giancarlo Giorgetti said on Friday, adding this would help the economy.

Germany , Italy , Rome , Lazio , Italian , Giancarlo-giorgetti , Giorgia-meloni , Valentina-za , Mark-potter , Giuseppe-fonte , Intesa-sanpaolo , Thomson-reuters-trust-principles

Czech government backs law change easing route to CEZ split

The Czech government has approved a bill lowering the majority of shareholders needed to approve restructuring of public companies, giving the state an easier avenue to potentially splitting energy utility CEZ, analysts said.

Czech-republic , Prague , Praha , Hlavníesto , Czech , Kim-coghill , Michal-snobr , Mark-potter , Petr-fiala , Robert-muller , Jason-hovet , Twitter