BRUSSELS (Reuters) - The European Commission will present measures next week meant to boost demand for electric vehicles (EVs) in the European Union, and envisages local content requirements for car battery production, according to a draft of the proposals. The EU executive will publish its automotive action plan on March 5 to help ensure EU car producers can electrify their...

BOGOTA, Feb 28 (Reuters) - Grupo SURA, one of Colombia's largest investment companies, expects a net profit between 1.7 and 1.9 trillion pesos ($412.27 to $460.77 million) in 2025, financial vice president Juan Esteban Toro, said Friday. ($1 = 4,123.5200 Colombian pesos) ...

09:33 AM EST, 02/28/2025 (MT Newswires) -- American Financial ( AFG ) said Friday it has bought back common shares worth $50 million at $123.83 apiece through Feb. 27. The company also said its board approved a special cash dividend of $2 per share, payable March 28 to shareholders of record as of March 17. Shares of the company were...

09:40 AM EST, 02/28/2025 (MT Newswires) -- Castellum (CTM) said Friday its Global Technology and Management Resources unit was awarded a $103.3 million, five-and-a-half-year contract to support the Naval Air Systems Command's special missions program. The company said it will provide engineering, logistics, training, and acquisition support for intelligence, surveillance, reconnaissance, and targeting programs. The contract, the largest in the...