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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.
Philip Morris bets on a smoke-free future
Business, Published on 16/01/2018
» Philip Morris International is switching its strategy to emphasise its heat-not-burn tobacco products, which, according to studies submitted to the US Food and Drug Administration, contain less harmful agents than traditional cigarettes.