08:35 AM EST, 02/11/2025 (MT Newswires) -- Magna International ( MGA ) said Tuesday it has expanded its partnership with Mercedes-Benz to provide electric drive systems for Mercedes off-roader vehicles. Financial terms were not provided. The company said providing its eDS Duo e-motor drive is part of Magna and Mercedes' ongoing partnership since 1979. ...

(Reuters) - Air-taxi maker Archer Aviation ( ACHR ) said on Tuesday it has raised $300 million in a funding round that consisted of institutional investors including accounts managed by BlackRock ( BLK ). Archer expects the capital raise to help it accelerate the development of its hybrid aircraft platform and further reinforce its balance sheet. We are raising additional...

WASHINGTON (Reuters) - The United States joined Australia and Britain in targeting Russia-based Zservers service provider for its role in supporting the Lockbit ransomware attacks, the U.S. Department of Treasury said on Tuesday, citing national security concerns. U.S. Treasury's Office of Foreign Assets Control also designated two Russian nationals who they said were key administrators for Zservers, a bulletproof hosting...

08:38 AM EST, 02/11/2025 (MT Newswires) -- Telus International (TIXT) said Tuesday it is setting up a digital research hub at the University of Sao Paulo in Brazil with a $1 million investment over three years to support artificial intelligence research in customer experience applications. The company said the research hub, based within the university's Center for Artificial Intelligence and...