DHL to debut zero-emission electric delivery vans in U.S. cities
Deutsche Post DHL Group’s StreetScooter electric vehicle unit will enter the U.S. market next year as delivery firms and municipalities work to cut greenhouse gas emissions.
Exclusive: Impossible Foods eyes doubling valuation with new funding
Impossible Foods Inc, maker of the plant-based Impossible Burger, is in talks with investors about a new round of fundraising that could more than double the $2 billion valuation it attained in May, according to people familiar with the matter.
U.S. charges former Outcome Health executives in $1 billion fraud
U.S. prosecutors announced criminal charges accusing the founders of Outcome Health of overseeing a scheme to overbill clients and fraudulently obtain nearly $1 billion of funds, including from major investors.
Oil climbs on U.S.-China trade talks optimism
Oil prices edged higher on Monday as positive comments from the United States and China rekindled hopes in global markets that the world’s two largest economies could soon sign an interim deal to end their trade war.
World share markets rally on revived trade hopes; dollar gains
The dollar rose and global equity markets rallied on Monday, with the Nasdaq and S&P 500 hitting new highs as investors grew more hopeful the United States and China could soon sign an interim deal to end their trade war.
Exclusive: Impossible Foods eyes doubling valuation with new funding – sources
Impossible Foods Inc, maker of the plant-based Impossible Burger, is in talks with investors about a new round of fundraising that could more than double the $2 billion valuation it attained in May, according to people familiar with the matter.
U.S. charges former Outcome Health executives over alleged fraud
U.S. prosecutors announced criminal charges accusing the founders of Outcome Health of overseeing a fraudulent scheme to overbill clients and raise $487.5 million in financing from major investors.
Trade optimism fuels S&P, Nasdaq to records
The S&P 500 and the Nasdaq indexes climbed to new record highs on Monday as signs indicated the United States and China were moving closer to a trade truce, while a host of merger deals also helped buoy sentiment.
Mexico steps up pressure on U.S. Congress to approve trade deal
Mexico’s government on Monday ramped up pressure on Democratic lawmakers to approve a new North American trade deal, urging U.S. House Speaker Nancy Pelosi to push it through Congress and rejecting demands for greater labor market oversight.
EU on course to allow in more U.S. beef from 2020
European Union plans to allow more U.S. beef imports cleared a key hurdle on Monday when EU lawmakers specializing in trade backed the move, which is likely to ease transatlantic tensions.
