Polestar, the Swedish electric car maker, has announced that it has secured a $1 billion loan from a group of 12 international banks, including BNP Paribas, Natixis, Standard Chartered, BBVA, HSBC and SPDB. The loan, which has a three-year term, will provide Polestar with the funds it needs to finance...
Fyffes to launch new consumer brand for bananas in Europe
Fyffes, a leading fresh produce group, has announced that it will replace its Fyffes label for its premium bananas sold in mainland Europe with a new consumer brand, Trudi’s. The company said that the new brand will offer a more sustainable and transparent choice for consumers and retailers, as well...
Stakusic overcomes rain and Melnikova to advance in San Diego
Canadian qualifier shows resilience and skill in three-set victory Marina Stakusic, a 19-year-old from Mississauga, Ontario, proved her mettle on Monday night as she defeated Marina Melnikova of Russia in a hard-fought three-set match at the San Diego Open. The Canadian qualifier, playing in only her second main draw at...
Cyberattack on Change Healthcare Disrupts US Pharmacies and Military Health Care
The cyberattack and its impact Change Healthcare, one of the largest health care technology companies in the US, has been hit by a cyberattack that has disrupted its services and affected millions of customers. The company, which handles patient payments and orders across the US health care system, detected a...
Ford and UAW Avert Strike with Tentative Agreement on 25% Raises
Ford and the United Auto Workers (UAW) union have reached a tentative agreement that would end a 41-day strike that affected the automaker’s U.S. operations. The agreement, which still needs to be ratified by the union’s 57,000 members, would give workers immediate 11% raises and a total of 25% raises...