Lio Energy Systems Holdings and Miles Electric Vehicle filed for Bankruptcy last May 1. Sales have been slow for the electric automobile company. The same mishap has been experienced even by industry leaders GM, Ford, Nissan, and Honda Motor Co, when despite their heavy investments still experienced slow sales from electric vehicles.
Sectors
Oregon LNG Files Export Application with FERC
Oregon LNG files export application with FERC that is necessary for its site operation and pipeline construction.
Indian Government to Ask ONGC for Videocon Deal Error
The Indian government is asking for an explanation about a premature statement issued by ONGC regarding its US$2.5 billion deal with Videocon.
Infosys Hunts for CEO Non-Founder May Take Over
Infosys, India's second biggest software exporter is said to be globally hunting for a new CEO that is a non-founder of the company.
First Facebook Shareholder Meeting Tackles Stock Price Complaints
Facebook CEO Mark Zuckerberg faces a lot of questions during first shareholder meeting regarding slumping stock prices after the company's IPO last May.
Latest News
The British water company refused negotiations before deadline of bid. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. No new offer from the LongRiver consortium, until talks with the board will be pursued.
KT Capital Partners, LP and CapitalSouth Partners Fund, acquires majority of stake at CableOrganizer .com.
1.2 billion euros worth of bonds will be issued with the attempt to boost the company’s finance arm
TopSpin LBO forms GHS Interactive Security to acquire Lifeline Security and Automation. (Photo : Reuters)The image is the corporate logo of TopSpin LBO.
Alpheus Communications closes a loan facility totalling US$135 million. (Photo : Reuters)The image is the corporate logo of Alpheus Communications. The Bank Street Group was the joint lead arranger for senior secured financing worth US$135 million.
MaxTradeIn is a free website that allows consumers to list their vehicles, with headquarters in Indianapolis.
Yen hit 96.47 gained 2% against the US dollar. (Photo : REUTERS) Investors were prompted to unwind some of their best bets against the yen, as a response to BoJ 's complacent reaction to the turbulent markets.
Ambow Education has been ordered liquidated by a Cayman Islands court. (Photo : Reuters)The image is the team logo of Avenue Capital Group. Ambow Education Holdings Ltd of China was ordered by a court to go into provisional liquidation.
Outside Japan, BoJ perceived lack of action affects even Euro Stocks. (Photo : Reuters)The image is a stack of Japanese yen. FTSEurofirst 300 index closed sharply lower and down by 1.
