California-based Lucid Group has taken a significant step in expanding its production capabilities by acquiring certain assets and properties in Arizona from the bankrupt Nikola Corp. The deal does not include Nikola's business or technologies related to hydrogen fuel cell trucks, allowing Lucid to concentrate on its strategic objectives.

Recent developments in the retail sector have taken an intriguing turn as French giant Carrefour ups its offer to acquire minority shares in its Brazilian subsidiary, Carrefour Brasil. The new bid raises the purchase price to 8.50 reals (approximately $1.51 per share), marking a 10% increase from the previous offer of 7.70 reals. This strategic move underscores Carrefour’s commitment to unlocking long-term growth potential while reducing state influence over the operations of Carrefour Brasil.