March 7 (Reuters) - British apparel and sportswear retailer Frasers Group PLC ( SDIPF ) said on Thursday it has put online clothing platform MATCHES into administration, after buying it last year for about 52 million pounds ($66.59 million). Frasers ( SDIPF ) said since the acquisition, MATCHES has consistently missed its business plan targets and continued to make material...

03:54 PM EST, 03/07/2024 (MT Newswires) -- Astra Space ( ASTR ) said it has agreed to be acquired by an entity formed by Astra Chief Executive Chris Kemp and Chief Technology Officer Adam London. The entity will acquire all Astra shares it does not already own for $0.50 per share in cash, the company said. The board approved the...

03:58 PM EST, 03/07/2024 (MT Newswires) -- Co-Diagnostics ( CODX ) said Thursday that its manufacturing and sales joint venture in India, CoSara Diagnostics, received clearance from the Central Drugs Standard Control Organization to manufacture and sell the influenza multiplex test kit Saraplex. The Indian regulator approved the sale of the test to clinical laboratories for the detection and differentiation...

03:58 PM EST, 03/07/2024 (MT Newswires) -- Shares of Rivian Automotive ( RIVN ) soared on Thursday as the electric vehicle maker announced a new midsize sport utility vehicle that will sell for nearly $25,000 below its first-generation truck in a market that has been stuttering amid lackluster EV demand. Rivian announced the five-seat R2 SUV that is expected to...