By Gilles Guillaume and Christina Amann
PARIS/BERLIN (Reuters) - Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car, two sources familiar with the situation said, in a setback for the EU carmakers' efforts to fend off Chinese rivals.
The collapse of negotiations could mean the German carmaker may have to go it alone in developing its own affordable electric vehicle (EV).... (continue reading...)
By Hatem Khaled
RAFAH, Gaza (Reuters) - The Kuwaiti Speciality Hospital is one of the few places in Rafah the wounded or dying can turn for care, but that role may come under unbearable pressure if Israel launches a full-scale advance into the southern Gaza city, doctors there say.
Israeli forces are bearing down on Rafah as part of their drive to eradicate Palestinian Islamist group Hamas, despite warnings this could result in mass... (continue reading...)
(Reuters) -GameStop expects first-quarter net sales to drop from a year ago, as customers transition to buying video games and collectibles online, while the retailer largely relies on brick and mortar stores.
Shares of the company fell 10% in premarket trading on Friday, as it also filed for a mixed-shelf offering of an unspecified size.
The stock has been part of a retail investor trading frenzy following a series of posts from Keith Gill's... (continue reading...)
JOHANNESBURG (Reuters) - Dutch technology investor Prosus and its South African parent group Naspers on Friday named the head of their iFood business, Fabricio Bloisi, as their new CEO, replacing long-time boss Bob van Dijk who stepped down last September.
Here's what we know about Bloisi:
WHO IS HE?
Bloisi, 47, is a Brazilian entrepreneur who holds a degree in Computer Science from the State University of Campinas (UNICAMP)... (continue reading...)
(Reuters) - Ukraine attacked a power substation in Russian-occupied Crimea, an oil depot and railway station in Russia's Black Sea port of Novorossiysk and an oil refinery in the port town of Tuapse overnight, a Kyiv intelligence source told Reuters.
Kyiv has stepped up strikes on energy facilities deep inside Russian territory, which they say are legitimate military targets supporting Moscow's 27-month-old war in Ukraine.
Attacks have... (continue reading...)
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