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Dubai Automaker to Pump Cash Into China Evergrande's EV Business
Business

Dubai Automaker to Pump Cash Into China Evergrande's EV Business

The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment would help it meet imminent funding needs. Source link

Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors
Business

Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors

The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic

Carvana Strikes Deal to Avert Cash Crunch
Finances

Carvana Strikes Deal to Avert Cash Crunch

The used-car seller will sell stock and pledge assets to back new debt. Source link

Suspended Twitter account tracking Elon Musk's jet moves to rival Meta's Threads By Reuters
Finances

Elon Musk says Twitter’s cash flow still negative as ad revenue drops By Reuters

© Reuters. A promoted tweet on Twitter app is displayed on a mobile phone near a Twitter logo, in this illustration picture taken September 8,

Unions Park Their Cash at This Bank. Will They Stick Around?
Finances

Unions Park Their Cash at This Bank. Will They Stick Around?

Amalgamated has big paper losses and a large number of uninsured deposits. Source link

Exclusive: ThinkMarkets IPO hits snag after SPAC shareholders demand cash back
Finances

Exclusive: ThinkMarkets IPO hits snag after SPAC shareholders demand cash back

FNG Exclusive… FNG has learned that virtually all of the public class A shareholders of special purpose acquisition company (SPAC) FG Acquisition Corp (TSE:FGAA.U) have

New UBS CEO plays down concerns over size of Swiss bank combination By Reuters
Stock Market

Exclusive-TikTok parent ByteDance to allow U.S. staff to cash out on shares-sources By Reuters

© Reuters. By Echo Wang NEW YORK (Reuters) – ByteDance, the Chinese owner of short video app TikTok, will allow shares of U.S. employees to

Rivian's Rally Makes No Sense---Unless It Uses It to Raise Cash
Finances

Rivian's Rally Makes No Sense—Unless It Uses It to Raise Cash

Shares in the electric-vehicle startup are on track for a record-breaking streak of gains that it could exploit to shore up its balance sheet. Source

Finances

China's Ant Gives Trapped Investors an Opportunity to Cash Out

China's Ant Gives Trapped Investors an Opportunity to Cash Out Source link

Tesla hit with class action lawsuit over alleged privacy intrusion By Reuters
Stock Market

Tesla to offer cash bonus to new buyers of its EVs in China By Investing.com

© Reuters. Tesla (TSLA) to offer cash bonus to new buyers of its EVs in China On Friday, electric vehicle giant Tesla (NASDAQ:) announced that