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Grab considers secondary Singapore listing
Sat, 17 Apr 2021 02:00:09 GMT
 
According to sources with knowledge of the matter, Grab Holdings is mulling a secondary Singapore listing after finalizing the Nasdaq listing through a $40B SPAC Altimeter Growth Corp merger. >>
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GM, LG plans another US battery plant
Fri, 16 Apr 2021 20:00:05 GMT
 
General Motors and LG Energy Solution, its South Korea-based joint-venture partner, are planning to establish the second battery cell plant worth $2.3B in Tennessee, the United States. >>
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Hyundai unveils new head for mobility arm
Fri, 16 Apr 2021 19:00:09 GMT
 
On Friday, Hyundai Motor Group unveiled it had created a new mobility unit with the intention to roll out more service models, naming Song Chang-hyeon as the automaker's new chief. >>
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New Zealand gives Amazon extra $116M rebates
Fri, 16 Apr 2021 18:00:06 GMT
 
On Friday, New Zealand agreed to award Amazon an extra $116M worth subsidy on "The Lord of the Rings" TV series filming expenses in the country. >>
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Apple backs carbon removal
Fri, 16 Apr 2021 17:00:08 GMT
 
Apple created a $200M worth fund to invest into timber-producing forests, which will be managed in carbon removal efforts, while also generate a profit, the tech giant said. >>
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Goldman's communications head to quit
Fri, 16 Apr 2021 15:53:11 GMT
 
Goldman Sachs Group's corporate communication head Jake Siewert is set to step down from his role in the bank, according to the New York Times report published on Friday. >>
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Daimler posts better-than-expected profit
Fri, 16 Apr 2021 14:42:46 GMT
 
Daimler reported a better-than-anticipated Q1 profit of $6.0B, driven by surging demand for the carmaker's luxury Mercedes-Benz cars in China as well as by higher prices. >>
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Morgan Stanley posts jump in Q1 profit
Fri, 16 Apr 2021 14:04:16 GMT
 
On Friday, Morgan Stanley posted a 150% surge in its Q1 profit, topping Wall Street's estimates, while disclosing a nearly $1.0B loss from the private fund Archegos's collapse. >>
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Ocado invests £10M in Oxbotica
Fri, 16 Apr 2021 12:54:25 GMT
 
Ocado, the UK online grocer, is planning to make an investment worth £10M in Oxbotica, the autonomous vehicle software firm, amid their cooperation aimed to cut last-mile delivery costs. >>
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EU watchdog to decide over SK Hynix-Intel deal
Fri, 16 Apr 2021 12:00:09 GMT
 
The European Union's antitrust regulators will pass their verdict on SK Hynix $9.0B acquisition of Intel's NAND memory chip division by May 20, the European Commission's filing shows. >>
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Cryptocurrencies decline on Friday
Fri, 16 Apr 2021 09:26:42 GMT
 
During Friday's Asian and European trading hours, major cryptocurrency prices declines, as a retracement down was taking place in the aftermath of booking new all-time highs. >>
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Grab explores secondary Singapore listing
Fri, 16 Apr 2021 09:02:25 GMT
 
The Southeast Asian ride-hailing giant Grab Holdings is exploring an opportunity of a Singapore secondary listing after finalising the Nasdaq listing through a $40B SPAC merger. >>
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Hyundai appoints new head for mobility division
Fri, 16 Apr 2021 08:30:01 GMT
 
On Friday, Hyundai Motor Group announced it had established a new mobility unit to roll out more service models, naming an outsider Song Chang-hyeon as division's chief due to his >>
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BlackRock profit tops forecasts
Fri, 16 Apr 2021 07:49:13 GMT
 
BlackRock reported its Q1 profit topped Wall Street's expectations, as the strength in its businesses and an on-going rally in worldwide financial markets helped vault the company's assets to their >>
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Advocacy group seeks to halt Instagram for kids
Fri, 16 Apr 2021 07:00:09 GMT
 
An advocacy group urged Facebook's CEO Mark Zuckerberg to cancel the launch of an Instagram version for kids who are under the age of 13, citing potential "great risks" from >>
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