Renault shares jump after scrapping plans to list Ampere EV unit

A Renault Scenic electric vehicle (EV) at the Munich Motor Show (IAA) in Munich, Germany, on Tuesday, Sept. 5, 2023. Bloomberg | Getty Images Shares of French car maker Renault jumped 5% in early deals on Tuesday, after the company canceled plans to publicly list its new electric vehicle and software business. Renault said Monday … Read more

Toyota group plant raided in test cheating probe as automaker says it sold 11.2M vehicles in 2023

TOKYO — Japanese transport officials raided the plant of a Toyota group company on Tuesday to investigate cheating on engine testing, as the company reported it kept its status as the world’s top automaker in 2023, selling 11.2 million vehicles. Hours after the probe began at Toyota Industries Corp.’s plant in Hekinan, Aichi Prefecture, central … Read more

US government pulls some of Venezuela’s sanctions relief after court blocks opposition candidate

CARACAS, Venezuela — The U.S. government on Monday pulled back part of the sanctions relief it granted Venezuela last year, following through on its threat after the South American country’s highest court blocked the presidential candidacy of an opposition leader. The Department of the Treasury gave companies transacting with Venezuela’s state-owned mining company until Feb. … Read more

Disposable vapes to be banned in UK after warnings of risks to youth

Vape flavours for sale on display in shop window, Essex, England.  Ucg | Universal Images Group | Getty Images The U.K. government on Monday announced it will ban disposable vapes, citing an “alarming rise” in the number of young people using them. There will also be new restrictions on how vapes can be packaged and … Read more

Amazon terminates iRobot deal, Roomba maker to lay off 31% of staff

Amazon said on Monday it would not move forward with a planned acquisition of vacuum-maker iRobot, with the two companies saying in a release there was “no path to regulatory approval for the deal.” The Roomba maker also announced it would lay off 31% of its employees, around 350 people, and that its chair and … Read more

French protesting farmers approach Paris on tractors, vowing ‘siege’ over grievances

JOSSIGNY, France — JOSSIGNY, France (AP) — Protesting farmers sought to encircle Paris with tractor barricades and drive-slows on Monday, converging in their lumbering vehicles on France’s capital to pressure the government over the future of their industry, which has been shaken by repercussions of the Ukraine war. Traffic blockages that farmers began to put … Read more

Taking away Trump’s business empire would stand alone under New York fraud law

NEW YORK (AP) — Within days, Donald Trump could potentially have his sprawling real estate business empire ordered “dissolved” for repeated misrepresentations on financial statements to lenders, adding him to a short list of scam marketers, con artists and others who have been hit with the ultimate punishment for violating New York’s powerful anti-fraud law. … Read more

Court orders China Evergrande property developer to liquidate after it failed to reach debt deal

HONG KONG — A Hong Kong court on Monday ordered property developer China Evergrande Group to liquidate after it was unable to reach a restructuring deal with creditors. Judge Linda Chan said it was appropriate for the court to order Evergrande to wind up its business given a “lack of progress on the part of … Read more

See the moment climate activists throw soup at the ‘Mona Lisa’ in Paris

PARIS — Two climate activists hurled soup Sunday at the glass protecting the “Mona Lisa” at the Louvre Museum in Paris and shouted slogans advocating for a sustainable food system. In a video posted on social media, two women with the words “FOOD RIPOSTE” written on their T-shirts could be seen passing under a security … Read more

Kim Kardashian reveals real reason behind going ‘solo’ in business

Kim Kardashian dishes details on the rare topic of conversation between her and Kylie Jenner Photo: Kim Kardashian reveals real reason behind Kylie Jenner going ‘solo’ in business Kim Kardashian revealed the one thing that she would never discuss with Kylie Jenner.  The ex-wife of the controversial rapper, Kanye West, recently appeared for a chit-chat with … Read more