Volkswagen eyes SK Innovation to build EV battery gigafactoryInternational Finance DeskApril 15, 2019 by International Finance DeskApril 15, 2019 Volkswagen will purchase $56.57 billion worth of battery cells for electric vehicles... Read more
Abu Dhabi fund’s $1.1 bn investment in pipelines to deliver ‘solid returns’International Finance DeskApril 15, 2019 by International Finance DeskApril 15, 2019 In a first for the UAE, a domestic institutional investor pumps capital into energy infrastructure... Read more
Why is the Aramco bond deal losing steam?International Finance DeskApril 12, 2019 by International Finance DeskApril 12, 2019 Possible deal padding raises concern that final order book can’t be trusted... Read more
New Airbus CEO brings strategic changes, to reorganise management structureInternational Finance DeskApril 12, 2019 by International Finance DeskApril 12, 2019 New company CEO Guillaume Faury said digital technologies will be used to optimise Airbus’ industrial system... Read more
Uber loses market share everywhere, may never make a profitInternational Finance DeskApril 12, 2019 by International Finance DeskApril 12, 2019 IPO filing with SEC says it sees surge in expenses as well... Read more
JetBlue to offer flight tickets at fraction of existing prices with European forayInternational Finance DeskApril 11, 2019 by International Finance DeskApril 11, 2019 The budget carrier plans to start with multiple flights to London from the US in 2021... Read more
Wollongong Coal forced to shut operations at last operational mineInternational Finance DeskApril 11, 2019 by International Finance DeskApril 11, 2019 The company will plan an underground expansion for its only other mine Russell Vale “later this year”... Read more
Shell, Sinopec to jointly explore new oil reserves in ChinaInternational Finance DeskApril 11, 2019 by International Finance DeskApril 11, 2019 Shell is one of the few international oil and gas explorers to venture into China’s shale oil discovery... Read more
Uber Technologies plans to sell $10 billion worth of stock in IPOInternational Finance DeskApril 10, 2019 by International Finance DeskApril 10, 2019 The company will widen its presence in the Middle East through acquisition of a Dubai-based ride-sharing startup Careem... Read more
Thousands of jobs at stake as Debenhams falls into administrationInternational Finance DeskApril 10, 2019 by International Finance DeskApril 10, 2019 With lenders taking over the department store group, 50 stores are under risk of closure... Read more