Tesla's board of directors said Tuesday it formed a special committee to consider chief executive Elon Musk's proposal to take the electric auto giant private.
Business
Aug 14, 2018
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4
Chinese electric carmaker NIO has filed for a $1.8 billion initial public offering in the United States as the burgeoning company seeks to compete with US rival Tesla.
Automotive
Aug 14, 2018
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5
Tesla CEO Elon Musk's elaboration on his plan to engineer a buyout of the electric car maker could get the Silicon Valley maverick into legal trouble by revealing that the deal is far more uncertain than how he initially ...
Business
Aug 14, 2018
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7
Tesla chief executive Elon Musk disclosed Monday that he was in talks with Saudi Arabia's sovereign wealth fund and other investors to take the electric automaker private.
Business
Aug 13, 2018
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8
Japanese telecom giant SoftBank on Wednesday reported a surge in its annual operating profit, driven by the increasing value of its Vision Fund and robust performances from its telecoms units.
Business
May 9, 2018
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2
Leading global paintmaker AkzoNobel announced Tuesday it was selling its chemicals arm to US-based investors Carlyle Group and Singapore's GIC for 10.1 billion euros ($12.6 billion), seeking to restore investor confidence ...
Business
Mar 27, 2018
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11
Recently, a number of institutional investors, including Caisse de dépôt et placement du Québec in Canada and Norway's sovereign wealth fund, announced their intent to reduce their exposure in investments linked to fossil ...
Environment
Dec 11, 2017
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11
Startups have long been the domain of venture capitalists. But with last week's staggering $3.5 billion investment in Uber from Saudi Arabia's Public Investment Fund, the tech world has been put on notice - sovereign wealth ...
Business
Jun 8, 2016
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9
Symantec will sell its Veritas information management business for $8 billion in cash with plans to funnel proceeds back into its main line of work, cybersecurity, and to buy back shares.
Business
Aug 11, 2015
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22
Oil-rich Norway moved Friday to target its huge sovereign wealth fund's investments more closely at boosting green businesses, but environmentalists said the proposals were not strong enough.
Energy & Green Tech
Apr 4, 2014
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