Saturday , 27 December 2025

Recent Posts

Germany’s Sono to stay in EV business after crowdfunding

Bloomberg Sono Motors, the embattled German startup working to serially produce a solar-charged electric car, said it’s achieved a crowdfunding goal that will let the company stay in business. The sum passed its $55 million goal, the Munich-based company announced in a tweet. It had hoped to raise the amount by January 21. Sono announced the move to crowdfunding in …

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Hwange thermal plant’s two units resume service

Bloomberg Two units at the Hwange thermal power station have been returned to service after flooding occurred on January 18 and caused the power station to be forcibly shut, the Zimbabwe Power Co said. “Units 1 and 4 returned to service this morning, while unit 2 is expected back in service by day end,” the Zimbabwe Power Co said. The …

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Bombardier back to brink after rethinking A220 deal

Bloomberg Bombardier Inc’s deal with Airbus SE to rescue its long-delayed and over-budget jetliner programme was supposed to be a lifeline for the struggling manufacturer. Now the Canadian company is rethinking the joint venture, pushing the iconic train and plane maker to the brink once more. The shares posted their biggest loss ever — Bombardier is almost a penny stock …

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