Chinese electric car maker XPeng, whose investors include internet heavyweight Alibaba Group and smartphone supplier of Beijing Xiaomi, submitted to go into the United States on Friday. The move comes after the June 30 Nasdaq listing of Li Auto, which raised $ 1.1 billion and whose shares have increased. They …
Read More »ADNOC Announces $ 20.7 Billion Energy Infrastructure Investment Agreement
A consortium of six global investors has signed a $ 20.7 billion deal with the Abu Dhabi National Petroleum Company (ADNOC), the state-owned oil company said Tuesday. As part of the agreement, the group will invest $ 10.1 billion to acquire a 49% stake in a newly formed subsidiary, ADNOC …
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