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February 7, 2023

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Vietnam car company Vingroup starts work on $174 mln EV battery plant

December 26, 2021December 20, 2021 - by uturnutahcom

Vietnam’s biggest conglomerate Vingroup (VIC.HM) said on Sunday it had started building a $174 million battery cell plant for its VinFast electric vehicles business so the company can own its …

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Business

Dollar Tree proposes settlement talks to activist investor Mantle Ridge

December 25, 2021December 20, 2021 - by uturnutahcom

Dollar Tree (DLTR.O) said on Sunday it offered to explore a settlement with Mantle Ridge and hand a board seat to a former chief executive of a rival retailer, saying …

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Business

Dairy exporter Fonterra to invest $2.7 bln to grow, cut emissions

December 24, 2021December 20, 2021 - by uturnutahcom

Fonterra Co-Operative Group Ltd (FCG.NZ), the world’s biggest dairy exporter, said on Monday it would invest about NZ$4 billion ($2.72 billion) by 2030 to move milk into higher value products, …

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Business

Bitcoin rises 2.1% to reclaim $50,000

December 23, 2021December 20, 2021 - by uturnutahcom

Bitcoin rose on Sunday to reclaim levels above $50,000. The world’s biggest and best-known cryptocurrency gained 2.11% to $50,445.34 at 1803 GMT on Sunday, adding $1,044.80 to its previous close. …

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Business

Bank of America expects busy year of Gulf IPOs

December 22, 2021December 20, 2021 - by uturnutahcom

Gulf exchanges are likely to have another busy year of initial public offerings (IPOs) in 2022, possibly surpassing this year’s bumper crop, a Bank of America (BAC.N) executive said. After …

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Business

Intel shows research for packing more computing power into chips beyond 2025

December 21, 2021December 20, 2021 - by uturnutahcom

Research teams at Intel Corp (INTC.O) on Saturday unveiled work that the company believes will help it keep speeding up and shrinking computing chips over the next ten years, with …

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Business

China’s SenseTime Hong Kong IPO in limbo after U.S. blacklisting

December 20, 2021 - by uturnutahcom

Chinese artificial intelligence startup SenseTime Group is considering whether it can proceed with a planned $767 million Hong Kong initial public offering after the U.S. added it to an investment …

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