(Reuters) – Tulsa, Oklahoma, is an oil industry city with a 75-foot (23m) statue called “The Golden Driller.” FILE PHOTO: Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla’s Model Y show, made in China, in Shanghai, China on January 7, 2020. REUTERS / Aly Song / …
Read More »Electric car maker Fisker will go public through a SPAC deal with a valuation of $ 2.9 billion.
(Reuters) – Electric car maker Fisker will publish a merger with a blank checking company backed by private equity firm Apollo Global Management Inc to a valuation of $ 2.9 billion, the companies said Monday. FILE PHOTO: The Fisker logo is seen on a Fisker Karma car at the “Auto …
Read More »US EPA Approves Lysol Desinfectant Spray for use against COVID-19
FILE PHOTO: Metropolitan Transportation Authority (MTA) staff use a Lysol to clean a station in the lobby of Grand Central Station after the outbreak of coronavirus disease (COVID-19), in New York City , USA, March 16, 2020. REUTERS / Jeenah Moon (Reuters) – UK-based Reckitt Benckiser Group Plc (RB.L) said …
Read More »Chinese chipmaker SMIC to raise $ 6.55 billion in Shanghai share sale
BEIJING (Reuters) – China’s Semiconductor Manufacturing International Corp (SMIC) (0981.HK) Will Raise 46.29 Billion Yuan ($ 6.55 Billion) In A Shanghai Stock Sale, More Than Double Its Initial Target, Pricing Its Offering After An Increase In Its Hong Kong Listed Stocks . The company, which had originally tried to raise …
Read More »Factbox: struggling Canadian energy companies face debt pressure
WINNIPEG, Manitoba / TORONTO (Reuters) – Canadian energy companies have about Cdn $ 6 billion ($ 4.42 billion) in refinancing needs this year, the Bank of Canada says. FILE PHOTO: Oil pipeline warning signs are seen on a fence in “Refinery Row” outside of the facilities managed by Enbridge, Kinder …
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