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GM to revive Hummer name with electric pickups, SUVs: sources
By David Shepardson WASHINGTON (Reuters) – General Motors Co <GM.N> will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles and will tout the return with a Super Bowl ad featuring NBA star LeBron James, two people briefed on the matter said on Friday. The vehicles will […]
IMF may need ‘exceptional measures’ to facilitate pandemic response: Georgieva
By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund may need to step outside its comfort zone and consider “exceptional measures” to help countries deal with the coronavirus pandemic and mitigate its economic impact, Managing Director Kristalina Georgieva said on Monday. Georgieva, in a blog published on the IMF website, said the fund had […]
Britain gives U.S. investor go-ahead to buy Cobham for $5 billion
LONDON (Reuters) – Britain has approved the purchase of British defense company Cobham <COB.L> by U.S. investor Advent International for $5 billion after the private equity group made commitments to address national security concerns. Business minister Andrea Leadsom had put the deal on hold to review the sale of air-to-air refueling equipment maker Cobham, which […]