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Toyota plans new $1.2 billion EV plant in Tianjin with FAW: document

Toyota plans new $1.2 billion EV plant in Tianjin with FAW: document

BEIJING/TOKYO (Reuters) – Japanese automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group, a document from the local authorities showed. The joint venture between Toyota and FAW plans to invest around 8.5 billion yuan ($1.22 billion) in the planned car plant in [...]

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Elliott targets Twitter, seeking CEO Dorsey’s removal: sources

Elliott targets Twitter, seeking CEO Dorsey’s removal: sources

(Reuters) – Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc (TWTR.N) and is pushing for changes, including removal of the social media company’s chief executive, Jack Dorsey, two people familiar with the matter said on Friday. Twitter is one of the few U.S. technology companies headed, but not controlled, by one [...]

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Elliott built a stake in Twitter, is pushing for changes: sources

Elliott built a stake in Twitter, is pushing for changes: sources

(Reuters) – Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc (TWTR.N) and is pushing for changes, including removal of the social media company’s chief executive, Jack Dorsey, two people familiar with the matter said on Friday. Twitter is one of the few U.S. technology companies headed, but not controlled, by one [...]

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