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Volvo Cars Announces IPO Plan That Could Value It at $25 Billion
Business, Published on 06/10/2021
» Volvo Cars, the Swedish auto maker owned by China's Zhejiang Geely Holding Group, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.
Indonesian village turns trash into Covid helper
Asia focus, Published on 20/09/2021
» TEMBOK GEDE, East Java: A homemade robot designed by Indonesian villagers and scientists for fun has found a new use during the pandemic -- bringing food and, hopefully, a smile, to self-isolating residents who have contracted Covid-19.
Volvo's Polestar joins electric car race with rival to Tesla 3
Business, Published on 01/03/2019
» STOCKHOLM: Volvo Cars' luxury performance brand Polestar unveiled its first fully electric sedan on Wednesday, opening up online pre-orders for the five-seater fastback at a price and with a driving range to rival Tesla Inc's mass market Model 3.
Trump comments, 'hard Brexit' talk depress stocks
Business, Published on 23/01/2017
» Recap: Donald Trump's comment that the US dollar was too strong and blunting the country's competitiveness rattled global stock markets last week, as did fears over the impact of a "hard Brexit" as outlined by British PM Theresa May. As well, confusion about Mr Trump's political and economic agenda made investors step back from risky assets ahead of his inauguration on Friday. The Thai stock market tracked the global trend, but the magnitude of its fall was limited.