GM to bolster spending on EVs by 30%

Source: Dukascopy Bank SA
General Motors is set to boost its global spending on self-driving and electric vehicles by 30% to $35B through 2025, according to Reuters.
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Wed, 16 Jun 2021 07:00:07 GMT

Blackstone close to $3B deal for Soho China

Blackstone Group is close to ink a deal to acquire Soho China, the office developer, in what could become its largest real estate investment into the Asian country, according to Bloomberg News.

Wed, 16 Jun 2021 05:00:06 GMT

US retail sales edge lower

As reported by the US Commerce Department on Tuesday, US retail sales edged lower by 1.3% in May.

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