Xpeng Inc (XPEV): * XPENG ANNOUNCES VEHICLE DELIVERY RESULTS FOR MAY 2023. * XPENG (XPEV) - IN MAY 2023, XPENG DELIVERED 7,506 SMART EVS. * XPENG (XPEV) - WILL FURTHER ACCELERATE DELIVERIES OF P7I IN JUNE Source text for Eikon: Further company coverage:
The following bids, mergers, ** Canadian investor Brookfield said it had acquired a controlling stake in Indian solar-panel maker CleanMax Enviro Energy Solutions for $360 million.
* * U.S. crude stocks up by 5.2 million barrels -market sources. * Coming up: EIA supply report, 1430 GMT. By Alex Lawler. Oil prices rebounded on Thursday as a potential pause in U.S. interest rate hikes and the passing of a crucial vote on the U.S. debt ceiling bill restored hopes of further demand growth in the world's biggest oil consumer.
Scandinavian airline SAS expects a busy summer season, it said on Thursday as it reported a reduced second-quarter pretax loss. The Nordic airline, like others in Europe's aviation sector, has struggled with challenges after the COVID-19 pandemic, such as labour issues and high costs, that have prevented a swift exit from bankruptcy proceedings.
- After months of negotiations, Finland's Nokian Tyres was on the cusp late last year of finalising a 400-million-euro sale of its Russian business. The government in December demanded that companies leaving Russia sell their operations for at least half price and claimed 10% of the sale for the federal budget, termed an "exit tax" by the U.S. Treasury.
Aegon NV: * COMPLETES SALE OF CENTRAL AND EASTERN EUROPEAN BUSINESSES TO VIG. * ANNOUNCES COMPLETION OF DIVESTMENT OF ITS BUSINESSES IN POLAND AND ROMANIA TO VIENNA INSURANCE GROUP AG WIENER VERSICHERUNG GRUPPE FOR EUR 125 MILLION.
Scandinavian airline SAS reported on Thursday a February-April loss before tax that was smaller than a year ago and said it was expecting a "busy summer season" ahead.
Big companies including a Foxconn joint venture that bid for India's $10 billion semiconductor incentives are struggling due to the lack of a technology partner, a major setback for Prime Minister Narendra Modi's chipmaking ambitions.
Brazilian miner Vale said late on Wednesday night it had entered into a binding deal on the parameters for a planned debt restructuring at Samarco, a joint venture it shares with miner BHP Group (BHP) . Vale said it had agreed on the deal with Samarco, BHP Billiton Brasil and certain creditors that hold more than 50% of Samarco's notes and unsecured bank debt.
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