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Vietnamese EV Company VinFast to Absorb Vingroup Battery Maker
By Fabiana Negrin Ochoa Vietnamese electric-vehicle company VinFast is absorbing a battery maker owned by its parent group in a move aimed at sharpening its competitive edge. Pham Nhat Vuong, chairm
Zhejiang Jingu Bags Deal to Supply Wheels to EV Maker
Zhejiang Jingu (SHE:002488) was hired to supply Avatar low-carbon wheel products to an undisclosed new energy vehicle manufacturer, the company said in a Wednesday filing. Price (RMB): ¥7.51, Change:
Illumina to Divest Cancer-Test Maker Grail If It Loses Final Appeals in US, EU
Illumina (ILMN) said late Wednesday that it will divest cancer-test maker Grail if the genetic testing tools company loses either the final US Fifth Circuit or EU jurisdictional appeals. In a presenta
Birkenstock Stock Closed at $40, Below the Shoe Maker's IPO Price of $46 -- Barrons.com
By Sabrina Escobar Shares of Birkenstock Holdings, the maker of cork-soled clogs, got off to a rocky stock market debut Wednesday. The stock (ticker: BIRK) opened at $41 on the New York Stock Exchan
Birkenstock Stumbles on Wall Street as Traders Find Sandal Maker's Shares Too Pricey
German Sandal Maker Birkenstock Set to Open Below Its IPO Issue Price
Iconic German sandal maker Birkenstock looked set to fall in its trading debut Wednesday, with indications showing it may open between $42 and $44, below its issue price of $46. The initial public off