03:56 AM EDT, 06/25/2024 (MT Newswires) -- Lotus Technology ( LOT ) said late Monday it reached a $110 million convertible bond agreement through a private placement from an existing shareholder. The company said the transaction is expected to close in the near future and will further strengthen its cash position. ...

03:49 AM EDT, 06/25/2024 (MT Newswires) -- Chemours ( CC ) said late Monday it has resumed operations at its titanium dioxide factory in Altamira, Mexico, after the government lifted water intake restrictions that caused a temporary production pause. The company disclosed the temporary pause in production on May 31. Price: 23.71, Change: -0.22, Percent Change: -0.92 ...

HONG KONG (Reuters) - Shimao Group ( SIOPF ) has sweetened its offshore debt restructuring terms to garner support from creditors, said three sources, as the Chinese property developer scrambles to fend off a liquidation petition filed in a Hong Kong court. Shimao ( SIOPF ) will on Wednesday face its first court hearing into the liquidation petition filed by...

SHANGHAI, June 25 (Reuters) - Novo Nordisk said on Tuesday its popular weight-loss drug Wegovy has been approved in China, paving the way for sales in the world's second-largest economy. Novo said in March that it would initially target Chinese patients willing to pay out-of-pocket for the weekly injectable drug. The company did not immediately respond to a Reuters request...