Walmart Breaks Green-Bond Record With $2 Billion Debut Sale
(Bloomberg) — Walmart Inc. made its green bond market debut with a $2 billion offering Wednesday, the largest ever from a U.S. corporation, according to data compiled by Bloomberg. The retail giant’s inaugural sustainable debt issuance comes amid…
Reliance Industries in talks to acquire solar panel maker REC Group for $1 billion: Report
© Provided by CNBCTV18 dir=”auto”>Mukesh Ambani-led Reliance Industries is planning to acquire the REC Group, the largest solar panel manufacturer in Europe, from state-run China National Chemical Corp (ChemChina). The acquisition is…
Chinese EV Startup Iconiq Said to Mull $4 Billion U.S. SPAC Deal
(Bloomberg) — Iconiq Motors, a Chinese electric vehicle firm, is considering going public in the U.S. through a merger with a blank-check company, according to people familiar with the matter. The startup is working with an adviser on a potential…
Rivian is shooting for an $80 billion valuation in its blockbuster IPO. Here’s how the EV startup made itself the top contender to become the next Tesla.
Rivian is preparing to release its first vehicle, the R1T electric pickup truck. Rivian Rivian is preparing to roll out its first two vehicles, the R1T pickup truck and R1S SUV. Experts consider it the most promising contender among today’s EV startups.…
Rivian is shooting for an $80 billion valuation in its blockbuster IPO. Here’s how the EV startup made itself the top contender to become the next Tesla.
Rivian is preparing to release its first vehicle, the R1T electric pickup truck. Rivian Rivian is preparing to roll out its first two vehicles, the R1T pickup truck and R1S SUV. Experts consider it the most promising contender among today’s EV…
Renault Reports Record $8 Billion Loss
(Bloomberg) — Renault SA’s alliance with Nissan Motor Co. is showing increasing strain, with the Japanese partner mostly to blame for the French carmaker’s record 7.29 billion euro ($8.58 billion) first-half loss. Nissan alone accounted for 4.8…
Chinese Electric SUV Maker Li Auto Raises $1.1 Billion in IPO
(Bloomberg) — Chinese carmaker Li Auto Inc. raised $1.1 billion in an above-range U.S. initial public offering, adding to the market focus on electric-vehicle companies, according to terms of the deal reviewed by Bloomberg. Li Auto sold 95 million…
An $8 Billion U-Turn Works for Europe’s Top Tech Firm
(Bloomberg Opinion) — It’s not a good look to sell a company less than two years after buying it. But SAP SE’s planned listing of its Qualtrics unit makes sense for the same reason the original acquisition by Europe’s largest technology company was…
Teflon Tesla? Elon Musk Qualifies for a $2.1 Billion Payout as Stocks Continue to Rally
Click here to read the full article. The economy may be in dire straits for most, but not so for Elon Musk. The Tesla CEO just received a major payday––and it happens to be the largest of its kind. Due to yet another in a long string of stock surges for…
Tesla’s $200 Billion Question Remains Unanswered
(Bloomberg Opinion) — You know Tesla Inc. is maturing as a carmaker when it manages to be slightly dull. Wednesday evening’s earnings update was even more eagerly anticipated than usual after the recent surge in its share price. Elon Musk’s company…