Electric Last Mile Solutions (ELMS) said on Friday it has agreed to go public through a reverse merger with blank-check company Forum Merger III Corp in a deal that values the U.S. electric commercial vehicle maker at US$1.4 billion.
Investors are looking ahead to dual U.S. Senate runoffs in Georgia early next month, a potential threat to a year-end rally that has pushed stocks to record highs in the midst of a country-wide surge of coronavirus cases.
Huawei Chief Financial Officer Meng Wanzhou's witness cross examination has been extended into next week, as the court proceedings on Thursday were disrupted for over an hour after a border official admitted to giving "incomplete" testimony.
U.S. stock index futures fell 1per cent on Friday as delays over a new fiscal stimulus package and surging coronavirus infections dented sentiment even as regulators moved toward emergency use authorization of a COVID-19 vaccine.
United Airlines is telling some flight attendants whose colleagues test positive for COVID-19 to keep flying and monitor for symptoms, three employees told Reuters, raising concerns among staff about the policy.
SINGAPORE: A two-night live concert featuring Sam Willows' Benjamin Kheng and other Singaporean artistes will be held at the Sands Theatre at Marina Bay Sands (MBS) on Dec 18 and 19, with up to 500 people allowed to attend each night. This is the first performance at the Sands Theatre...
The funding round, which aims to raise US$2 billion and would make it the world's most valuable financing round in the private market, is drawing to a close after kicking off about a month ago, the two people said.
U.S. workers could soon face choices such as free COVID-19 shots and a cash bonus if all get immunized, or those unwilling to be vaccinated get reassigned or even lose their jobs.
SINGAPORE: Singapore will invest S$25 billion - or 1 per cent of its gross domestic product (GDP) - in research, innovation and enterprise for the next five years. The Research, Innovation and Enterprise 2025 Plan (RIE2025), announced by Finance Minister Heng Swee Keat at a press conference on ...
Ericsson has filed a lawsuit in the United States against Samsung in a dispute over royalty payments and patent licences, sending Ericsson's shares sharply lower on Friday as it warned the quarrel could hit earnings.
