08:41 AM EDT, 03/12/2026 (MT Newswires) -- Biglari ( BH ) has acquired a 3.4% stake in Italian yacht maker Ferretti Group as Czech investor KKCG prepares a partial tender offer to increase its 14.5% holding and push for board changes, Reuters reported Thursday. KKCG launched earlier this year an offer of up to 182 million euros ($210 million) on...

(Updates to add Honda ( HMC ), revises total tally, updates graphic) By Alessandro Parodi March 12 (Reuters) - Global carmakers have booked over $70 billion in writedowns in the past year as they scale back electric vehicle ambitions on a tough U.S. market under President Donald Trump, price wars in China and a more complex mix of vehicle types...

08:41 AM EDT, 03/12/2026 (MT Newswires) -- Ecopetrol ( EC ) said Thursday the Colombian Attorney General's Office brought formal charges against Ricardo Roa, the company's president, for alleged influence peddling by a public servant. The legal indictment initiates criminal proceedings but does not constitute a conviction nor a decision on the merits. The Board of Directors plans to continue...

Firefly Aerospace ( FLY ) Inc. shares moved higher in premarket trading on Thursday after the company reported a successful launch of its Alpha Flight 7 mission. Alpha Flight 7 Mission Successfully Reaches Orbit Firefly Aerospace ( FLY ) announced that its Alpha Flight 7 mission successfully lifted off from Vandenberg Space Force Base, completing an orbital insertion and delivering...