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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

Retailer Casino tells creditors it needs equity contribution of at least 900 mln euros

Cash-strapped French supermarket retailer Casino on Monday said it aims to conclude a debt restructuring agreement with its creditors by the end of next month, telling creditors it needed an equity contribution of "at least 900 million euros" ($981.63 million).

Brazil , Paris , France-general- , France , French , Xavier-niel , Daniel-kretinsky , Jean-charles-naouri , Tassilo-hummel , Les-mousquetaires , Sudip-kar-gupta , Thomson-reuters-trust-principles

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

UPDATE 1-SSAB invests SEK 6 bln in Oxelosund mill to cut emissions

Swedish steel maker SSAB will invest 6.2 billion crowns ($611 million) in an electric arc furnace and raw material handling at its Oxelosund mill to slash greenhouse gas emissions, it said on Friday.

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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

RPT-INSIGHT-Texas battery rush: Oil state's power woes fuel energy storage boom

BlackRock, Korea's SK, Switzerland's UBS and other companies are chasing an investment boom in battery storage plants in Texas, lured by the prospect of earning double-digit returns from the power grid problems plaguing the state, according to project owners, developers...

Black-mountain , Texas , United-states , California , Blackrock , Switzerland , South-korea , Texans , Korea , American , Andrew-waranch , Laila-kearney

Former Enel CEO Starace joins Sweden's EQT Infrastructure

Francesco Starace has joined EQT Infrastructure as a partner weeks after the ending of his nine-year stint as chief executive at Italy's biggest utility Enel, the Swedish private equity firm said on Monday.

Sweden , Italy , Milan , Lombardia , Italian , Swedish , Francesca-landini , David-holmes , Flavio-cattaneo , Francesco-starace , Paolo-scaroni , Thomson-reuters-trust-principles

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

UAE's Brands For Less Group plans sale of minority stake to investors- sources

The owners of UAE-based budget retailer Brands For Less Group (BFL Group) are considering selling a minority stake in the business to investors, two sources with direct knowledge of the matter said.

Lebanon , United-arab-emirates , Beirut , Beyrouth , Dubai , Dubayy , France , French , Lebanese , Yasser-beydoun , Toufic-kreidieh , Hadeel-al-sayegh

UPDATE 1-Belgium's Aliaxis ups bid for Finland's Uponor

Belgian water management group Aliaxis said on Monday it had made a firm all-cash offer for Finnish plumbing and heating systems maker Uponor worth 1.87 billion euros ($2.06 billion).

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