As planned, sports car manufacturer Porsche has acquired a majority stake in the Varta subsidiary V4Drive Battery. The latter ...

Varta, the German battery manufacturer which is in restructuring, has signed agreements for a €60m equity injection and €30m ...

The struggling battery manufacturer Varta has taken a significant step closer to financial recovery. This progress is ...

Varta said Monday that it had entered into a lock-up agreement with creditors which requires them to support the restructuring plan that the company has been negotiating for several months. It expects ...

Varta secured 60 million euros ($65.89 million) in financing from Porsche AG and major shareholder Michael Tojner to cover its debt, the struggling German battery maker said on Monday. The agreement ...

Varta secured 60 million euros ($65.89 million) in financing from Porsche AG and major shareholder Michael Tojner to cover ...

Michael Schumacher's legendary Formula One career ended dramatically in 2013 when, while skiing on the alpine slopes of Switzerland, he fell and sustained a severe brain injury. The racer since ...

Copyright 2024 The Associated Press. All Rights Reserved. FILE - Team owner Michael Andretti looks on during practice for the IndyCar Detroit Grand Prix auto racing ...

Racing team owner and global business figure Michael Andretti is relinquishing his ownership stake in Andretti Global, a company spokesperson confirmed to The Drive on Friday afternoon.

Mere months after Andretti Global was denied entry into the Formula 1 paddock, CEO and chairman Michael Andretti is set to relinquish his ownership stake in the operation, according to recent reports.

Copyright 2024 The Associated Press. All Rights Reserved. This cover image released by Reprise Records shows “The Best of Bublé" by Michael Bublé. (Reprise ...

Famed "Big Short" investor Michael Burry is benefiting from the recent surge in Chinese stocks. Burry's Scion Asset Management has nearly half of its portfolio invested in Chinese tech giants like ...