Leadership
Volkswagen invests US$5 billion in EV startup Rivian to form joint venture
VOLKSWAGEN (VW) will invest US$5 billion to form a joint venture with electric vehicle (EV) maker Rivian Automotive, throwing a lifeline to the struggling startup and giving the German...
Keppel Infrastructure Trust unit obtains S$612.5 million green loan
It will make payment of approximately equal debt-servicing amounts (principal and interest) every six monthsKEPPEL Infrastructure Fund Management said that a subsidiary of Keppel Infrastructure Trust has obtained a...
Bybit is now the world’s second-largest crypto exchange
BYBIT surpassed Coinbase in March to become the world’s second-largest cryptocurrency exchange after Binance, according to a report from crypto research firm Kaiko.
The launch of spot Bitcoin exchange-traded-funds in...
US: Nasdaq, S&P 500 open higher after Nvidia and other AI-linked stocks selloff
The Nasdaq and the S&P 500 opened higher on Tuesday (Jun 25) as Nvidia and some other AI-linked stocks rose after bruising selloffs, while investors awaited further cues on...
Nissan to start producing EVs for Dongfeng Motor by year-end: Nikkei
NISSAN Motor will produce electric vehicles for its Chinese joint-venture partner Dongfeng Motor at its Wuhan factory by year-end, the Nikkei newspaper reported on Tuesday (Jun 25), a sign...
Lufthansa raises ticket prices to meet environmental requirements
Lufthansa will not be able to bear additional costs resulting from regulatory requirements in the next few yearsLufthansa will increase ticket prices on all flights departing from EU countries,...
US dollar’s dominance secure, Brics see no progress on de-dollarisation: report
THE US dollar remains the world’s primary reserve currency, and neither the euro nor the so-called Brics countries have been able to reduce global reliance on the US dollar,...
India’s Adani Group to increase capex to US$15.6 billion in fiscal 2025, CFO says
The group is betting on infrastructure spending, which is expected to grow at a compounded annual growth rate of 20 per cent-25 per cent Indian ports-to-power conglomerate Adani Group...
