ZEEKR Intelligent Technology ( ZK ) , a premium electric vehicle (EV) unit of Geely Auto, reported fiscal second-quarter results on Thursday. The company reported quarterly revenue of 27.43 billion Chinese yuan, representing a decrease of 0.9% year-on-year (Y/Y). In U.S. dollars, revenue totaled $3.83 billion. The revenue grew by 24.6% quarter-on-quarter (Q/Q). Also Read: China’s EV Sales Fall 5% in July as Discounts Ease, Nio...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

08:00 AM EDT, 08/14/2025 (MT Newswires) -- Eve Holding ( EVEX ) said Thursday it has launched a capital raise through a registered direct offering of about 47.4 million shares priced at $4.85 each for gross proceeds of $230 million. The company said the subscription agreements were made with Brazilian Development Bank unit BNDESPAR, airplane maker Embraer, and other institutional...

Aug 14 (Reuters) - A growing number of U.S. companies are seeking more flexible covenants in their credit agreements to increase their debt loads while avoiding approvals from all their existing lenders, according to a new report by ratings agency Moody's Ratings. Moody's said in a report released on Thursday that U.S. corporate borrowers with weaker credit profiles were leaning...