DETROIT: The US government's highway safety agency is investigating complaints that the air bags may not inflate in a crash on thousands of General Motors vehicles. The National Highway Traffic Safety Administration says the probe covers nearly 750,000 Chevrolet, Cadillac and GMC vehicles from the ...
SINGAPORE: Singapore-based Grab Holdings said on Tuesday (Apr 13) it plans a US listing after merging with the investment fund Altimeter Capital Management in an operation that values the firm at US$39.6 billion. READ: Grab to list in the US through world's biggest SPAC merger, valued at nearly US ......
SINGAPORE: Grab Holdings on Tuesday (Apr 13) confirmed its US$40 billion merger with a publicly-listed shell company backed by Altimeter Capital, marking the biggest ever deal with a blank cheque firm. The proposed transactions value Grab at an initial pro-forma equity value of about US$39.6 ...
LONDON: Bitcoin hit a record of US$62,741 on Tuesday (Apr 13), extending its 2021 rally to new heights a day before Coinbase's share listing in the United States. The largest US cryptocurrency exchange's listing on the Nasdaq on Wednesday is considered a landmark victory for cryptocurrency ...
NEW YORK: The arrival Wednesday (Apr 14) of cryptocurrency exchange Coinbase on Nasdaq is one of the most anticipated events of the year on Wall Street, where enthusiasm for record-breaking bitcoin is in full swing, despite questions about the sustainability of the market. The first company ...
KUALA LUMPUR: Singapore-incorporated merchant commerce platform Pine Labs has acquired e-commerce and fintech firm Fave in a cash and equity deal valued at more than US$45 million, for joint global expansion, the companies said on Tuesday (Apr 13). In a joint statement, the companies said Fave's ...
BEIJING: China's exports grew at a robust pace in March in yet another boost to the nation's economic recovery as global demand picks up amid progress in worldwide COVID-19 vaccination, while import growth surged to the highest in four years. The data reinforces signs of gathering momentum for the...
