Li Auto Inc, a prominent Chinese automotive company, has revealed its plans to debut its first all-electric vehicle in March, with deliveries commencing around the same time. This announcement comes as a
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According to a report published on January 1st, Saudi Arabia’s Public Investment Fund (PIF) played a significant role in global sovereign wealth fund spending in 2023, accounting for approximately 25% of the
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In a year-end report, U.S. Supreme Court Chief Justice John Roberts has offered a nuanced perspective on the impact of artificial intelligence (AI) on the legal field. He emphasized the need for
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Switzerland’s financial regulatory body, FINMA, is actively considering the implementation of measures to claw back bonuses from bankers in the wake of Credit Suisse’s recent troubles and its subsequent sale to UBS.
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Fisker, the California-based electric vehicle manufacturer, reported a remarkable surge in electric vehicle deliveries during the final quarter of the year, with numbers exceeding four times the previous figures. This surge in
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Several asset management firms are eagerly awaiting regulatory approval to launch exchange-traded funds (ETFs) linked to the spot price of Bitcoin. In a flurry of activity last Thursday and Friday, major players
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Canada’s primary stock index closed the year on a positive note, with gains driven by the energy and financial sectors. The S&P/TSX composite index on the Toronto Stock Exchange (TSX) increased by
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A U.S. federal judge recently issued a verdict favoring Israel’s Teva Pharmaceutical Industries (TEVA.TA) in a patent infringement lawsuit initiated by Corcept Therapeutics (CORT.O), prompting a significant decline in the stock prices
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DBS Group Holdings (DBSM.SI) has announced a strategic move to enhance its presence in China’s financial landscape by increasing its stake in Shenzhen Rural Commercial Bank through a S$376 million ($284.72 million)
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Struggling liquefied natural gas (LNG) developer Tellurian (TELL.A) has announced the engagement of a financial advisor to address its balance sheet challenges. This decision comes on the heels of the recent removal
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