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Stellantis, CATL to Invest $4.3 Billion in Battery Plant in Spain
The companies said production is planned to start by end of 2026 and the plant could reach 50 gigawatt hours of capacity.The Wall Street Journal - Dec. 10 -
Toyota vows to move ahead with $13.9bn battery plant in North Carolina
Trump’s criticism of EV incentives casts a cloud over largest US investment in clean tech by any foreign automakerFinancial Times - Dec. 10 -
China’s CATL to build $4.3bn battery factory with Stellantis in European expansion
Deal for Spanish plant comes despite EU efforts to reduce reliance on Chinese technologyFinancial Times - Dec. 10 -
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO's exit
DETROIT — Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned.NBC News - Dec. 9 -
Trump has vowed to defend TikTok — but there’s a tricky path ahead, say analysts
The president-elect may have to do some “fancy footwork” in protecting TikTok from a U.S. ban, says TD Cowen analyst Paul Gallant.MarketWatch - Dec. 9 -
Stellantis Shakes Up North American Executive Ranks
The moves mark the automaker’s most visible shake-up under an interim management committee headed by Chairman John Elkann.The Wall Street Journal - Dec. 9 -
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO's exit
Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned.CNBC - Dec. 9 -
New rules sharpen investment focus on modern slavery
EU human rights directive adds to US laws on forced labour — but uncertainty surrounds Trump administration’s stanceFinancial Times - Dec. 9 -
Trump vows to end birthright citizenship and pardon US Capitol rioters
He tells NBC he will issue "a lot" of executive orders, including on immigration, once he takes office.BBC News - Dec. 9 -
As South Korean investment grows, so do ‘Koreatowns’
Companies such as Samsung, Hyundai and LG have helped bring Korean culture to unexpected corners of the USFinancial Times - Dec. 8 -
This investment is cheaper and better than mutual funds
Opponents shouldn’t block 403(b)s from purchasing collective investment trustsMarketWatch - Dec. 7 -
S.Korean President Apologizes---and Vows to 'Never' Declare Martial Law Again
Yoon Suk Yeol said his imposition of emergency powers was made out of desperation.The Wall Street Journal - Dec. 6 -
Stellantis recalls over 300,000 Ram trucks over potential brake failure
A faulty hydraulic control unit on the trucks could cause certain braking and tracking systems to fail.CBS News - Dec. 6 -
Under-fire Lopetegui vows to 'change' West Ham situation
Under-pressure manager Julen Lopetegui says "we are going to change the situation" at struggling West Ham.BBC News - Dec. 6 -
Emmanuel Macron vows to name new French PM within days
Macron rejected calls to resign, a day after his prime minister was ousted in a no-confidence vote.BBC News - Dec. 6 -
Will Congestion Pricing Survive Trump’s Vow to Kill It?
The program will unleash an economic boon, breathing new life into a city still trying to get its bearings post-Covid.The New York Times - Dec. 6 -
Romania's far right presidential frontrunner vows to end Ukraine aid
Calin Georgescu, who leads Romania's presidential race, tells the BBC he would end support for Ukraine if elected.BBC News - Dec. 5 -
Macron vows not to step aside after fall of French government
President says opposition parties ‘chose chaos’ as Paris faces deadlock after vote of no confidence in BarnierFinancial Times - Dec. 5 -
Defiant Macron vows to stay on as French president and will appoint PM within days
President says he will remain in power until 2027, amid political turmoil following collapse of government. The French president, Emmanuel Macron, has ruled out resigning, saying he will stay in ...The Guardian - Dec. 5 -
Pete Hegseth vows to 'fight like hell' for defense secretary bid
With his bid to become defense secretary in jeopardy, Pete Hegseth returning to Capitol Hill Thursday and vowing to fight on, in hopes of salvaging his faltering nomination. NBC's Peter Alexander ...NBC News - Dec. 5 -
Caleb Williams not happy about Bears' changes but vows to "keep going"
Caleb Williams transferred from Oklahoma to USC, following Lincoln Riley after his freshman college season.Yahoo Sports - Dec. 5 -
Pete Hegseth vows to fight on as Trump considers replacements
President-elect Donald Trump's choice for defense secretary, former Fox News anchor Pete Hegseth, was on Capitol Hill again Wednesday trying to wrangle support for his confirmation. As Hegseth vows ...CBS News - Dec. 4 -
SNP government vows to scrap two-child benefit cap
Finance Secretary Shona Robison also announced plans to change the income tax system in her Budget speech.BBC News - Dec. 4 -
Scottish government vows to scrap two-child benefit cap
SNP administration sets out record healthcare spending as it seeks to double down on policy prioritiesFinancial Times - Dec. 4 -
South Korea vows market support in wake of turmoil
Won flat and Korean stocks fall 1.4% as central bank says it is keeping all options open until situation stabilisesFinancial Times - Dec. 4 -
Stellantis and Intel heads resign, adding to record-breaking CEO step-downs this year
A record number of CEOs have left their roles in 2024, according to an analysis by a career transitioning firm. Stellantis and Intel's CEOs contributed to the trend this week as the companies face ...CBS News - Dec. 3 -
Sovereign investment dispute resolution is broken
(for everyone except the lawyers, naturally)Financial Times - Dec. 3 -
Lawmakers in Georgia's separatist region of Abkhazia reject encouraging Russian investment
Lawmakers in Georgia’s breakaway province of Abkhazia on Tuesday rejected a bill offering privileges to Russian investors that sparked days of unrest and forced the regional leader to step downABC News - Dec. 3 -
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.Inc. - Dec. 3 -
Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits
Company is at loggerheads with Italian government, which claims it has not invested enough in the country. Business live – latest updates The Italian prime minister, Giorgia Meloni, has said ...The Guardian - Dec. 3 -
Trump repeats vow to 'block' Nippon Steel's bid for U.S. Steel
While he made similar statements on the 2024 campaign trail, it was the first time that Trump had spoken about the deal since he won a second presidential term last month.CNBC - Dec. 3 -
Trump vows to block U.S. Steel's takeover by Japan's Nippon Steel
President-elect Donald Trump said he is "totally against" Japan's Nippon Steel buying U.S. Steel.CBS News - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
In Angola, Biden plans to tout US investments and visit a slavery museum
Joe Biden is using the first visit to Angola by a U.S. president to promote Washington’s investments in the sub-Sahara African nation and to see a slavery museum where he’ll acknowledge the ...ABC News - Dec. 3 -
Investors call for reform of Scotland’s ‘stamp duty’ to boost investment
Asset managers call for removal of ‘disincentive’ to property spending north of the borderFinancial Times - Dec. 3 -
Trump picks investment banker Warren Stephens as UK ambassador
The billionaire donated millions to President-elect Donald Trump’s re-election campaign this year.BBC News - Dec. 3 -
Trump Picks Warren Stephens, Billionaire Investment Banker, for U.K. Ambassador
Warren Stephens, an investment banker, gave $2 million in 2016 to a group aiming to block Donald J. Trump’s political rise. More recently, he backed Asa Hutchinson, Chris Christie, Mike Pence and ...The New York Times - Dec. 3 -
Trump taps investment banker Warren Stephens for UK ambassador
President-elect Trump announced on Monday that investment banker Warren Stephens would serve as U.S. ambassador to the United Kingdom. “Warren has always dreamed of serving the United States full ...The Hill - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Why Stellantis’ chief executive Carlos Tavares was axed
Portuguese boss refused to budge on pace of EV transition as cries from suppliers, workers and government grew louderFinancial Times - Dec. 2