Tesla Chief Executive Elon Musk's SpaceX completed an equity funding round of US$850 million that sent its valuation to about US$74 billion last week, CNBC reported on Tuesday, citing people familiar with the financing.
Google is teaming up with the European Investment Fund (EIF) and two other organisations in Latin America and Asia to provide US$75 million in funding to small- and medium-sized companies suffering from the impact of COVID-19.
Hong Kong may be in its worst recession in years but its luxury property market is still thriving after a five-bedroom apartment broke records with its $59 million price tag.
Ryanair on Wednesday lost its fight against state aid granted to virus-hit rivals Air France and SAS via national schemes after Europe's second-top court backed EU competition regulators who had allowed the support under loosened rules.
Ford Motor Co on Wednesday said its car lineup in Europe will be all-electric by 2030 as the U.S. automaker races to get ahead of CO2 emissions targets and looming bans in some countries on fossil fuel vehicles.
Honda Motor Co Ltd will name Toshihiro Mibe, head of its research and development arm, as the new chief executive officer of the company, two people with direct knowledge of the matter told Reuters.
Shipping group Maersk said on Wednesday it will accelerate plans to decarbonise sea-borne container shipping by putting the world's first carbon-neutral vessel into operation in 2023, seven years ahead of its original plan.
ABUJA: Nigerian students have built a machine they hope can one day help hospitals remotely treat COVID-19 patients, taking temperatures, transporting medicine and allowing medical workers to communicate with patients with a webcam and screen. The robot is a remote-controlled cabinet on wheels ...
U.S. investment firm Artisan Partners called on French food group Danone to separate its medical nutrition business from its baby foods unit to boost returns, French daily Le Figaro reported on Wednesday.
SINGAPORE: Certificate of Entitlement (COE) premiums closed lower in the latest bidding exercise on Wednesday (Feb 17). For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$41,001, down from S$42,000 in the last exercise. Premiums for larger ...
