Author: Press Room

© Reuters General Motors (GM) GM and partners launch national EV fast-charging network General Motors (NYSE:), in partnership with EVgo Inc. (NASDAQ:) and Pilot Travel Centers LLC, announced Monday, the opening of the first 17 sites for a nationwide electric vehicle (EV) fast charging network across the United States. The locations of the charging stations can be found on GM’s vehicle brand apps, Pilot’s myRewards Plus app, and the dedicated EVgo app. Looking ahead to spring 2024, GM and Pilot aspire to offer unique perks to General Motors drivers. These perks may include privileges such as the option to reserve…

© REUTERS As the COP28 climate summit in Dubai approaches its scheduled conclusion on Tuesday, tensions are high among nearly 200 countries over the potential inclusion of fossil fuel phase-out language in the final agreement. U.N. Secretary General Antonio Guterres has emphasized the importance of a deal that accelerates the reduction of coal, oil, and gas use to prevent catastrophic climate impacts. Guterres acknowledged the challenges faced by different nations in transitioning away from fossil fuels, stating that not all countries are expected to eliminate their use simultaneously. He highlighted the need for significant financial support to assist developing nations…

Arbor Realty (NYSE:ABR) announces that its board has approved an increase to the company’s share repurchase program authorizing the company to repurchase up to $150 million of its outstanding common stock. The share repurchase program has no time limit and may be suspended, modified or discontinued at any time. More on Arbor Realty Trust

Multiple Republicans have ended their presidential campaigns over the past two months, narrowing the field against former President Donald J. Trump — but the only person who has gained much ground in the first voting state is Mr. Trump, according to a new poll.Mr. Trump has the support of 51 percent of likely caucusgoers in a Des Moines Register/NBC News/Mediacom Iowa Poll released Monday, up from 43 percent in the last Iowa Poll from October.Gov. Ron DeSantis of Florida is in a distant second place at 19 percent, up slightly from 16 percent in October. Nikki Haley, who had surged…

A Russian solider filmed himself describing huge losses in Avdiivka.He said that of his group of 75, only 14 had not been killed or wounded after a week.Avdiivka is the scene of the most intense fighting in Ukraine, and Russia’s losses are piling up. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app A Russian solider said that his unit had been almost totally wiped out after being sent to the most intense fight in Ukraine, according to a widely-shared video.The soldier, speaking to a…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Occidental Petroleum has agreed to acquire CrownRock, one of the most sought-after US private shale oil producers, in a deal valued at about $12bn, including debt.The Houston-based company backed by Warren Buffett beat competition from rival bidders that had also tried to snap up CrownRock’s shale assets.The deal is the latest in a series of transactions in the oil and gas sector as large energy companies seek to capitalise on their strong balance sheets and equity value to buy smaller rival assets.This…

© Reuters. FILE PHOTO: The Blackberry logo is shown on a office tower in Irvine, California, U.S., October 20, 2020. REUTERS/Mike Blake/File Photo (Reuters) -Canada’s BlackBerry (NYSE:) on Monday named insider John Giamatteo as its chief executive officer, succeeding John Chen, who stepped down in November. The technology company also shelved its plan to pursue a public listing for its internet-of-things (IoT) business. BlackBerry said it would streamline its centralized corporate functions so that each business unit may operate independently and on a profitable and cashflow-positive basis going forward. Following a strategic review, the company earlier said it would separate…

© Reuters. FILE PHOTO: A Shein logo is pictured at the company’s office in the central business district of Singapore, October 18, 2022. REUTERS/Chen Lin/File Photo (Reuters) – Fast fashion firm Shein has held talks with the London Stock Exchange about the possibility of a public listing in the United Kingdom, Sky News reported on Monday, citing sources. Shein’s chairman, Donald Tang, met executives from the LSE and other stakeholders in the UK economy during a visit to London last week, according to the report. London Stock Exchange Group (LON:) did not immediately respond to a Reuters request for comment.…

© Reuters. FILE PHOTO: Licypriya Kangujam, an Indigenous climate activist from India, holds a banner during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 11, 2023. REUTERS/Thomas Mukoya DUBAI (Reuters) – A young protester burst on to the stage at the COP28 climate summit in Dubai on Monday, holding a sign above her head that read: “End fossil fuels. Save our planet and our future.” The protester was escorted away as the audience clapped. COP28 Director-General Ambassador Majid Al Suwaidi said he admired the enthusiasm of young people at COP28 and encouraged the audience to…

Valens Semiconductor appoints Nathanzon as its new CFO