Aston Martin said on Friday it would issue new shares worth up to 20per cent of its existing equity capital as the luxury carmaker seeks additional funds to ride out the coronavirus crisis.
PG&E Corp has raised about US$5.5 billion from a share offering and sale of equity units as the biggest U.S. power provider by customers looks to emerge from Chapter 11 bankruptcy next week.
SINGAPORE: Singapore’s manufacturing output fell 7.4 per cent year-on-year in May after two straight months of increase as demand weakened across most segments, with only the biomedical manufacturing cluster reporting gains. Excluding this cluster, the country’s output fell 10.4 per cent, the ...
Amazon.com Inc has agreed to pay over US$1 billion to buy self-driving startup Zoox Inc, the Information reported on Thursday, citing sources, in a move that would expand the e-commerce giant's reach in autonomous-vehicle technology.
Apple Inc said on Thursday that it would close 14 stores in Florida starting Friday due to a rise in COVID-19 cases, bringing its total re-closures to 32 stores in the United States.
SINGAPORE: Cybercrime cases jumped by more than 50 per cent last year, accounting for more than a quarter of all crimes in committed in the country, said the Cyber Security Agency of Singapore (CSA) in its annual report published on Friday (Jun 26). There were 9,430 cybercrime cases reported...
Ford Motor Co on Thursday unveiled the next generation of its F-150 pickup in an online event, showing a truck with a familiar look but that incorporates the automaker's new strategy for profiting from software and connectivity.
The New York City Council on Thursday approved several bills that will legalize the private use of electric scooters and bicycles in the city's five boroughs, a change long-sought by food delivery workers and transportation advocates.
WASHINGTON: A bipartisan group of lawmakers on Thursday introduced a measure aimed at strengthening chip manufacturing in the United States, adding to efforts to champion the sector and lure high tech supply chains back into the United States. The measure, backed by top Senate Democrat Chuck ...
The outlook for a global economic recovery over the past month has worsened or at best stayed about the same, according to a firm majority of economists in Reuters polls, with the ongoing recession expected to be deeper than predicted only last month.
