Streetbeat News

Partnerships

TSM

TSMC executive announced that the earliest decision on a potential semiconductor plant in Germany would be made in August.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:28 am

GXO

K

GXO Logistics has signed an agreement to extend and expand its partnership with Kellogg Company in Europe. The expanded agreement includes solutions in the UK, Spain, Germany, Poland, and a new facility in Belgium. The companies will implement initiatives to increase productivity, speed, and reduce costs at seven European sites.

Portfolio Pulse from Shivani Kumaresan

May 23, 2023 | 9:55 am

AAPL

META

NVDA

TSLA

India's Mukesh Ambani has reportedly partnered with Tesla for a 5G alliance, as his company Jio continues to forge partnerships with top tech giants like Meta Platforms, Nvidia, and Apple. These collaborations aim to expand Jio's business in India's rapidly growing digital economy.

Portfolio Pulse from Navdeep Yadav

May 23, 2023 | 9:45 am

GXO

K

GXO Logistics has signed a multi-year agreement to extend and expand its partnership with Kellogg across five European countries, including a new facility in Belgium.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 8:08 am

CLVT

Clarivate Plc (NYSE:CLVT) has extended its Material Transfer Agreement (MTA) with the FDA for an additional three years, ensuring continued agency-wide access to OFF-X™, which provides integrated preclinical toxicity, clinical, and post-marketing adverse event data.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 7:38 am

LILM

Lilium N.V. (NASDAQ:LILM) has signed an agreement with Switzerland-based Air-Dynamic SA for the delivery of up to five all-electric vertical take-off and landing (eVTOL) jets. Air-Dynamic will operate and manage the jets for customers in Switzerland and Italy, expanding Lilium's reach into the high-end European business travel and tourism market.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 10:01 pm

TSLA

Tesla's latest Model Y, manufactured at Gigafactory Berlin and equipped with BYD batteries, shows significantly improved charging rates compared to its predecessor. The improvement is attributed to Tesla's collaboration with Chinese manufacturer BYD, which supplies its innovative Blade battery for the Model Y.

Portfolio Pulse from Benzinga EV Insights

May 22, 2023 | 9:47 pm

INT

World Fuel Services and Neste have signed an agreement to expand the supply of Sustainable Aviation Fuel (SAF) in Europe. The agreement will increase the number of airports supplied with SAF by World Fuel from 13 to over 40, with plans to expand accessibility at more than 100 airport locations.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 9:22 pm

ALC

LFCR

Lifecore Biomedical (LFCR) has entered into a $150M financing agreement with Alcon (ALC) to repay its outstanding term loans and expand its hyaluronic acid (HA) fermentation capacity. The deal includes a six-year senior secured term facility and a sale leaseback of certain HA fermentation equipment.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 9:03 pm

MVST

The US Energy Department has canceled contract negotiations on a $200 million award for Microvast Holdings, according to a person familiar with the matter.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 8:54 pm