financetom
Business
financetom
/
Business
/
Chinese dronemaker DJI sues Pentagon over Chinese military listing
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Chinese dronemaker DJI sues Pentagon over Chinese military listing
Oct 18, 2024 5:48 PM

WASHINGTON (Reuters) - China-based DJI sued the U.S. Defense Department on Friday for adding the drone maker to a list of companies allegedly working with Beijing's military, saying the designation is wrong and has caused the company significant financial harms.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
British American Tobacco Shares Drop After Reinet Agrees to Sell $1.49 Billion Stake
British American Tobacco Shares Drop After Reinet Agrees to Sell $1.49 Billion Stake
Jan 14, 2025
09:08 AM EST, 01/14/2025 (MT Newswires) -- British American Tobacco ( BTI ) shares fell more than 1% in recent Tuesday premarket activity after Reinet Investments said it has agreed to sell a stake in the company for 1.22 billion pounds ($1.49 billion). Reinet said it offered 43.3 million British American Tobacco ( BTI ) shares through JPMorgan Chase (JPM)...
Brown-Forman to cut about 12% of global workforce as part of restructuring
Brown-Forman to cut about 12% of global workforce as part of restructuring
Jan 14, 2025
Jan 14 (Reuters) - Brown-Forman ( BF/A ) said on Tuesday it will lay off about 12% of its global workforce of 5,400 employees, as the Jack Daniel's maker looks to reduce costs amid weak alcohol demand. The company has struggled with high input costs, including of raw materials such as agave and wood barrels, and raised prices for its...
Lilly forecasts 2025 revenue above Wall Street estimates
Lilly forecasts 2025 revenue above Wall Street estimates
Jan 14, 2025
Jan 14 (Reuters) - Eli Lilly ( LLY ) on Tuesday forecast 2025 revenue between $58 billion and $61 billion, on the back of strong demand for its popular diabetes and weight-loss medicines. Analysts were expecting revenue of $58.52 billion, according to data compiled by LSEG. ...
Taseko Mines Rises in U.S. Pre-Market as Florence Copper Project in Arizona Remains on Schedule
Taseko Mines Rises in U.S. Pre-Market as Florence Copper Project in Arizona Remains on Schedule
Jan 14, 2025
09:08 AM EST, 01/14/2025 (MT Newswires) -- Taseko Mines ( TGB ) gained 1.5% at last look Tuesday in NYSE American pre-market trading after saying that construction of the Florence copper project in Arizona remains on schedule. The company said 56% of the project has been completed and first copper production continues to be targeted before the end of 2025....
Copyright 2023-2026 - www.financetom.com All Rights Reserved