The electric vehicle maker saw net loss widen to 1.65 billion yuan ($237.55 million) compared with a net loss of 21.5 million yuan a year ago for the third quarter ended Sept.30. Most auto makers have been hit by rising material costs and a global chip shortage, but Li Auto said that it was expecting higher deliveries and production scale up as global supply chain issues ease. Rivals Xpeng Inc and Nio Inc also reported wider losses owing to soaring inflation.
Company announcement no 32/2022 In accordance with Article 19 (3) of the Market Abuse Regulation, Columbus A/S is required to disclose information regarding trading in Columbus A/S shares and/or related securities by persons discharging managerial responsibilities in Columbus A/S and/or persons closely associated with them. Please see the attached document for transaction details reported to Columbus. Ib Kunøe Søren Krogh KnudsenChairman of the Board CEO & President For further information, plea
Pakistan's supreme court on Friday endorsed a settlement with Barrick Gold to resume mining the Reko Diq, one of the world's biggest copper and gold deposits sites in the country's southwest, a court order showed. The short order was read out by the Chief Justice of Pakistan Umar Ata Bandial, who headed a five-person panel. Barrick Gold ended a long-running dispute with Pakistan, agreeing to restart developing the mining project under an out of court agreement earlier this year.