EV maker Fisker to go public by merging with blank check firm at US$2.9 billion valuation

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Electric-car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management Inc at a...

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News Sports

Federer-backed sports shoe maker On denies preparing for IPO

July 13, 2020July 13, 2020

Swiss sports shoe maker On, partly owned by tennis champion Roger Federer, denied on Monday a newspaper report that said it was making preparations for...

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Breaking News Business News

Apple to spend more than US$400 million of US$2.5 billion California housing fund this year

July 13, 2020July 13, 2020

Apple Inc on Monday said it has allocated more than US$400 million of US$2.5 billion it pledged last year to stem California's housing crisis. FILE...

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News Sports

Football: Mourinho targets third Europa League title with Spurs next season

July 13, 2020July 13, 2020

[caption id="attachment_5479" align="alignnone" width="928"] Tottenham manager Jose Mourinho celebrates his side's win against Arsenal LONDON: Tottenham boss Jose Mourinho has set his sights on winning...

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News Sports

Japan’s sumo body to allow spectators for July tournament

July 13, 2020July 13, 2020

[caption id="attachment_5473" align="alignnone" width="949"] The spring grand sumo tournament was held behind closed doors due to the coronavirus outbreak [/caption] TOKYO: Japan's sumo association said...

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Business News

IMF predicts worst Middle East downturn in half century

July 13, 2020July 13, 2020

[caption id="attachment_5380" align="alignnone" width="959"] A Beirut protest last month against dire economic conditions in Lebanon, which has grappled with its worst financial crisis since the...

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News

Oppo to introduce 125W fast charging solution on July 15

July 13, 2020July 13, 2020

Despite the overwhelming speeds at which the new fast-charging tech can charge your smartphone, there is also concern over the longevity of the battery. [caption...

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News Sports

England’s Tuilagi signs for Sale after leaving Leicester

July 13, 2020July 13, 2020

England centre Manu Tuilagi has joined Sale Sharks until the end of next season after leaving Leicester Tigers, the Premiership club announced on Monday. [caption...

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Business News

Federal Reserve’s US$3 trillion virus rescue inflates market bubbles

July 13, 2020July 13, 2020

[caption id="attachment_5434" align="alignnone" width="960"] FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. [/caption] NEW YORK: The...

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Business News

Brazil’s offshore oil workers chilled by coronavirus outbreaks

July 13, 2020July 13, 2020

[caption id="attachment_5431" align="alignnone" width="951"] FILE PHOTO: A worker walks on the heliport at the Brazil's Petrobras P-66 oil rig in the offshore Santos basin in...