Rolls-Royce Aims to Raise £5 Billion to Address Losses

October 1, 2020
Shares in the renowned engine maker fell to a 17-year low following its announcement of a rights issue.
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Nikola Founder Trevor Milton Resigns Amid Fraud Claims

September 21, 2020
The electric-truck maker’s shares nose-dived on Monday as its founder resigned amid public scandal.
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Rio Tinto CEO Resigns Over Destruction of Juukan Gorge

September 11, 2020
The blasting of the sacred Aboriginal site drew international outrage and a push for accountability from company heads.
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Volkswagen Not Seeking a Deal With Tesla, Says Diess

September 8, 2020
The VW CEO poured cold water on speculation of a partnership after meeting with Elon Musk in Germany.
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GM and Honda Announce Equipment-Sharing Alliance

September 4, 2020
The new partnership signifies a move away from Honda’s previous stance of fierce independence.
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Tesla Stock Wobbles After Launching $5 Billion Share Offering

September 2, 2020
The automaker’s shares slipped following the announcement, and its largest shareholder reduced its holding.
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Rolls-Royce Posts Record £5.4 Billion Loss

August 27, 2020
The UK-based engine maker has been hampered by the global downturn in air travel and is now scaling back its operations.
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Rio Tinto Head Loses $3.5 Million Over Heritage Destruction

August 25, 2020
The demolition of sites sacred to Aboriginal Australians has sparked public outcry.
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Japanese Officials Sought Nissan-Honda Merger

August 17, 2020
The Japanese government floated the idea of creating a new national car manufacturing champion, reports claim.
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SpaceX and NASA Set Date for Crew Dragon Flight

August 17, 2020
If all goes to plan, the outing is set to be the first of many routine crew transportation missions run by SpaceX.
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Jim Hackett to Retire as CEO of Ford

August 5, 2020
For the third time in six years, Ford is changing CEOs. Jim Hackett’s tenure lasted only three years.
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7-Eleven Owner Buys Speedway for $21 Billion

August 3, 2020
CEO Ryuichi Isaka’s ambitious US expansion will add 3,900 stores to his company’s US holdings.
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