Tesla discloses lobbying effort to set up factory in Canada

Tesla discloses lobbying effort to set up factory in Canada

Aug 9 (Reuters) – Tesla Inc (TSLA.O) is lobbying the Ontario government as part of an effort to set up an “advanced manufacturing facility” in Canada, filing by the electric-vehicle maker to the province’s Office of Integrity Commissioner showed. The company’s Canadian unit is working with the government to “identify opportunities for industrial facility permitting … Read more

Amazon’s connected device cart grows with $1.7 billion deal for Roomba maker

Amazon’s connected device cart grows with .7 billion deal for Roomba maker

Aug 5 (Reuters) – Amazon.com Inc (AMZN.O) will acquire the maker of robot vacuum cleaner iRobot Corp (IRBT.O) in an all-cash deal for about $1.7 billion, in the latest push by the world’s largest online retailer to expand its cart of smart home devices. Amazon will pay $61 per share, valuing the Roomba-maker at a … Read more

Tencent faces new video-game M&A challenge

Tencent faces new video-game M&A challenge

LONDON, Aug 5 (Reuters Breakingviews) – The frenzy in video-game dealmaking has reached a new level. China’s Tencent (0700.HK) wants to increase its 5% stake in smaller French rival Ubisoft Entertainment (UBIP.PA), the outfit behind the wildly popular “Assassin’s Creed” franchise, according to Reuters. The $380 billion company could offer the founding Guillemot family, who … Read more

EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

EXCLUSIVE Tencent seeks bigger stake in ‘Assassin’s Creed’ maker Ubisoft -sources

HONG KONG, Aug 4 (Reuters) – Tencent Holdings Ltd (0700.HK) plans to raise its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters. China’s largest social network and gaming firm, which bought a … Read more

Musk makes meme on Twitter legal threat after scrapping $44 billion deal

Musk makes meme on Twitter legal threat after scrapping  billion deal

July 11 (Reuters) – Elon Musk on Monday mocked Twitter Inc’s (TWTR.N) threat to sue him following his move to abandon the $44 billion takeover deal, tweeting the social media firm would need to disclose more information on bots and spam accounts. The series of tweets on Monday was Tesla Inc chief’s first public response … Read more

Exclusive: PetroChina may sell Australian, Canadian assets to stem losses

Exclusive: PetroChina may sell Australian, Canadian assets to stem losses

PetroChina’s logo is seen at a petrol station in Beijing, China, March 21, 2016. Picture taken March 21, 2016. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register SINGAPORE, June 28 (Reuters) – PetroChina may sell out from natural gas projects in Australia and oil sands in Canada to stem losses and divert … Read more

Russian ruble hits near 2-year high vs euro

Russian ruble hits near 2-year high vs euro

A view shows Russian ruble coins in this illustration picture taken March 25, 2021. REUTERS/Maxim Shemetov/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register April 25 (Reuters) – The Russian ruble strengthened on Monday, firming past 77 against the euro to a near two-year high, helped by tax payments that companies are due … Read more

EXCLUSIVE Twitter under shareholder pressure to seek deal with Musk, sources say

EXCLUSIVE Twitter under shareholder pressure to seek deal with Musk, sources say

Elon Musk’s twitter account is seen on a smartphone in this photo illustration taken, April 15, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register April 24 (Reuters) – Twitter Inc (TWTR.N) is coming under increasing pressure from its shareholders to negotiate with Elon Musk even though the world’s richest person has … Read more

Musk says US SEC ‘bastards’ forced settlement over Tesla tweets

Musk says US SEC ‘bastards’ forced settlement over Tesla tweets

April 14 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk on Thursday stepped up criticism of the US securities regulator, calling Securities and Exchange Commission officials “bastards” for bringing fraud charges against him over his 2018 tweets regarding taking the company private. On the day he made major news by unveiling a $43 billion cash … Read more

Sempra wins extension on Texas LNG project; NextDecade also seeks extension

Sempra wins extension on Texas LNG project;  NextDecade also seeks extension

Sempra Energy headquarters is pictured in downtown San Diego, California, US, May 17, 2018. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register April 7 (Reuters) – The Federal Energy Regulatory Commission (FERC) said on Thursday it granted Sempra Energy (SRE.N) an extension to build two pipelines in Texas and Louisiana to connect … Read more