Private equity firm CVC bags $4.45 billion so far in sixth Asia-focused fund
(Reuters) – Europe-based private equity firm CVC Capital Partners has raised over $4.45 billion so far for its new Asia-focused…
China drugmakers axe IPO plans as they face scrutiny in anti-graft drive
(Reuters) – A growing number of healthcare companies in China are shelving their initial public offering (IPO) plans as its…
UBS ends state guarantee granted over Credit Suisse rescue
(Reuters) – UBS won’t need the government guarantee it secured to rescue failing rival Credit Suisse and has repaid billions…
Australia stocks lower at close of trade; S&P/ASX 200 down 0.24%
Australia stocks were lower after the close on Friday, as losses in the Energy, Resources and IT sectors led shares…
European stocks weaken; U.K. GDP grows slightly more than expected
European stock markets retreated Friday, with better-than-expected U.K. growth data unable to overcome the unease generated by the rise in…
Exclusive-China’s Nanfang to open major copper smelter ahead of expectations
(Reuters) – China’s largest private copper producer Nanfang Nonferrous is due to bring a major new smelter to production by…
Walkme earnings beat by $0.06, revenue topped estimates
Walkme (NASDAQ: WKME) reported second quarter EPS of $0.00, $0.06 better than the analyst estimate of $-0.06. Revenue for the…
Tesla and other top companies capitalize on bitcoin portfolio
Top publicly traded firms reveal their Bitcoin (BTC) portfolios. MicroStrategy leads the list, showcasing the fusion of traditional finance and…
UK parliament opens probe into EV transition
Britain’s parliament revealed Wednesday that the upper house is launching an inquiry into the country’s approach to phasing out fossil…
Lucid releases full specs of its Air Sapphire halo EV
Lucid Group Inc (NASDAQ:LCID) unveiled the final specifications for their Air Sapphire halo in a press release posted on their…