Middle East asset manager Investcorp eyes up to $550 million in first China yuan fund

(Reuters) – Bahrain-based alternative asset manager Investcorp is aiming to raise 2 billion to 4 billion yuan ($274 million-$548 million)…

Joby Aviation demonstrates electric air taxi in New York, eyes 2025 launch

Joby Aviation (NYSE:JOBY), a pioneer in the development of electric vertical takeoff and landing (eVTOL) aircraft, has successfully demonstrated its…

Altus Power reports 48% surge in Q3 operating revenue

Altus Power Inc (NYSE:AMPS), a leader in solar energy solutions, has reported a significant increase in its financial performance for…

ICBC paid ransom after hack that disrupted markets, cybercriminals say

(Reuters) – China’s biggest lender, the Industrial and Commercial Bank of China (ICBC), has paid a ransom to cybercriminals who…

Renault to launch new Slovenia-made electric city car – sources

(Reuters) – Renault (EPA:RENA) will reveal the launch of an additional “affordable” city electric car during this week’s capital markets…

Novo Nordisk’s Wegovy may not secure Medicare approval for heart – Deutsche Bank

Novo Nordisk ‘s (NYSE:NVO) (CSE:NOVOb) blockbuster weight-loss drug Wegovy may have difficulty securing approval from Medicare for coverage as a…

Salesforce names Denise Dresser as new CEO of Slack

Salesforce (NYSE:CRM) has named Denise Dresser as the new head of its Slack workplace messaging service, according to a post…

Lloyd’s of London SPAC venture scrapped due to volatile markets

(Reuters) – Financials Acquisition Corp said on Monday it would enter liquidation as it scraps a planned merger with its…

Israel stocks lower at close of trade; TA 35 down 0.37%

Israel stocks were lower after the close on Monday, as losses in the Real Estate, Insurance and Banking sectors led…

US Supreme Court seeks Biden administration view on US Soccer antitrust case

(Reuters) – The U.S. Supreme Court on Monday asked President Joe Biden’s administration for its views on whether the justices…