MILAN (Reuters) - UniCredit said it had acquired on Monday, through financial instruments, a further 11.5% of Commerzbank after applying to supervisors to reach a holding of up to 29.9% in the German rival. The physical settlement under the new financial instruments may only occur after the required approvals have been obtained, UniCredit said in a note. When taking into...

Sept 22 (Reuters) - Shell said on Sunday that it would shut production at its Stones and Appomattox facilities in the Gulf of Mexico as a precautionary measure in response to a tropical disturbance. We are in the process of safely pausing some of our drilling operations, and currently have no other impact on our production across the Gulf of...

(Reuters) -Unifor members at the CAMI Assembly and Battery Assembly plants in Ontario have ratified a two-year contract with General Motors that achieves significant pay increases, the Canadian labor union said on Sunday. Unifor Local 88 members voted 95.7% in favour to ratify the contract which will see workers' pay rise 10% immediately with a 2% increase in September 2025...

04:27 AM EDT, 09/23/2024 (MT Newswires) -- Amprius Technologies ( AMPX ) said late Friday it has been notified by the New York Stock Exchange that it is out of compliance with rules requiring its shares to trade for at least $1 each over a consecutive 30-day trading period. The company said it has six months from the Sept. 19...