Daimler, Geely to develop Smart EV brand

Source: Dukascopy Bank SA
On Thursday, Daimler announced it was set to launch the development of its Smart electric vehicles next generation in China in cooperation with the German carmaker's rival Geely, deepening the alliance between two companies.
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Thu, 28 Mar 2019 09:25:06 GMT

Swedbank investors against CEO's liability freedom

Two Swedbank largest investors have made their separate statements on Thursday, claiming they would vote against the CEO Birgitte Bonnesen's freedom from liability for the last year at the bank's annual general meeting.

Thu, 28 Mar 2019 08:33:38 GMT

PG&E creditors present $35B exit plan

PG&E's creditors, including Pimco and Elliott Management, have proposed a $35B plan that could help the California power utility avoid bankruptcy within 12 months, according to Bloomberg.

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