LONDON, May 22 (Reuters) - Philip Morris International ( PM ) said on Wednesday it had acquired a 14.7% indirect minority stake in Egypt's largest cigarette manufacturer, Eastern Company ( EML ). PMI, the world's top tobacco company by market value, did not disclose the value of the transaction. It said as part of the deal the companies would explore...

May 22 (Reuters) - Volkswagen has delayed the launch of its electric ID.7 sedan in the U.S. and Canada, the German automaker said on Wednesday, citing changing market dynamics. The company did not provide a new timeline for the launch of the electric sedan. It was slated to be rolled out in the U.S. and Canada later this year. Global...

Mullen Automotive, Inc. ( MULN ) disclosed today that its subsidiary Bollinger Motors has reached an agreement to sell 50 vehicles to EnviroCharge for an estimated deal value of $8.25 million for electric vehicle owners. EnviroCharge is a provider of convenient and flexible charging solutions. “Innovative electric trucks and charging solutions mean fleets can switch today to save money, reduce emissions and get the job done,”...

10:51 AM EDT, 05/22/2024 (MT Newswires) -- NiCAN ( NILTF ) on Wednesday highlighted additional results from its Phase III-B drilling program on the Wine Property located near Snow Lake in Manitoba, Canada. A statement noted this drill program expanded the company's understanding of several mineralized zones at the Wine Occurrence including defining a new zone to the north. It...