Volkswagen’s Skoda unit expects some delays in the production of its Enyaq electric models during November and December due to supply bottlenecks, German business daily Handelsblatt reported on Friday.
International lenders including the European Bank for Reconstruction and Development and the World Bank are backing a 3 billion euro ($3.26 billion) plan to wean North Macedonia off coal-fired power, the head of the EBRD told Reuters.
Shares of Gap surged 20% in premarket trading on Friday as investors cheered signs that the apparel maker’s efforts to bring in trendier and in-demand clothing at its Old Navy brand and keep inventory under control were paying off.
Manchester United’s American owners, the Glazer family, are set to finalise a $33 per share deal with Jim Ratcliffe that will see the British billionaire acquire a 25% stake in the English soccer club, Sky News reported on Friday.
Dockworkers in Sweden expanded their protest action against Tesla on Friday and are now preventing the U.S. firm’s cars from being unloaded at all ports in sympathy with Tesla workers demanding collective bargaining agreements.
Blackstone and Macquarie on Friday dismissed as “completely false” an Italian newspaper report about possible ownership changes at Autostrade per l’Italia (ASPI), pledging their commitment as investors in the motorway operator.
U.S. stock index futures edged higher on Friday as Treasury yields extended declines from the previous session after recent weak economic data supported bets of a dovish pivot by the Federal Reserve next year.