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Vingroup reports staggering growth in 1Q21 earnings
Vietnam-based conglomerate Vingroup has reported net profits of VND2.1 trillion (US$90.84 million) for the first quarter of 2021, up 5-fold on year thanks to strong sales from its real estate, Vinfast automobile and Vsmart smartphone businesses......»»
Vingroup expands EV investments
Vietnam-based Vingroup is set to invest US$300 million in the US to prepare for the release of its newest electric bicycles and vehicles in the country, according to the Vietnamese government data......»»
Why Li Auto Stock And Nio Stock Are Getting Hammered Today
Shares of Chinese electric vehicle manufacturer Li Auto Inc. (NASDAQ: LI) are trading lower after the company said it plans to offer up to $750 million in convertible senior notes due in 2028, subject to market conditions. read more.....»»
: Slow EU vaccine rollout and Easter travel restrictions blamed for low Ryanair passenger numbers
Ryanair now forecasts passenger numbers in the year ending March 2022 toward the lower end of a previously guided range of between 80 million and 120 million......»»
Li Auto shares down 4% after debt issuance news
American depositary receipts of Li Auto Inc. fell more than 4% in the extended session Tuesday after the Chinese electric-car maker said it plans on offering up to $750 million in convertible senior notes due in 2028, subject to market condit.....»»
After deep freeze, St. Louis natural gas provider borrows, forecasts rate hikes
Spire said Tuesday it is borrowing $250 million and looking to hike rates after the deep freeze experienced last month......»»
Avis Budget Group to offer $350 million of high-yield bonds due 2028
Avis Budget Group Inc. said Tue.....»»
China smartphone AP shipments to grow 12% in 2021, says Digitimes Research
About 795.7 million smartphone application processors will be shipped to China-based handset vendors in 2021, up 12.2% on year, forecasts Digitimes Research......»»
Arconic to offer an additional $300 million of its 6.125% bonds that mature in 2028
Aluminum panel maker Arconic Inc. said Wednesay it is offering an additional $300 million of its 6.125% senior secured second-lien notes t.....»»
Eli Lilly beats profit and sales forecasts, to deliver 500,000 more COVID-19 treatment doses by end of March
Eli Lilly & Co. reported Friday a big fourth-quarter profit beat and revenue that rose 22% to top forecasts, as it recognized $850 million in U.S. revenue for bamlanivimab, the drugmaker's treatment for mile to moderate COVID-19 that has been grant.....»»
Intel invests additional US$475 million in Vietnam
Intel announced recently that it has invested a further US$475 million in Intel Products Vietnam (IPV). This new investment is.....»»
Pegatron acquires land for new plant in Vietnam
Pegatron has bought a piece of land in Vietnam for about VND528.92 billion (US$22.9 million) to build a new plant, which will be ready for production later in 2021, according to industry sources......»»
Passive component maker Ta-I to set up new plant in Vietnam
Taiwan-based chip resistor specialist Ta-I Technology will invest a total of US$12 million in the establishment of a production subsidiary in Vietnam, according to a resolution approved by the company's board of directors......»»
Match is offering $500 million in bonds that mature in 2028
Match Group Inc. said Tuesday it is offering $500 million in senior notes that mature in 2028 in a private offering. Proceeds will be used to redeem the company's 6.375% senior notes.....»»
As Nasdaq Erases 2020 Losses, Negative Rate Forecasts Send Yields To Record Lows
As Nasdaq Erases 2020 Losses, Negative Rate Forecasts Send Yields To Record Lows What's wrong with this picture... 33 million American.....»»
Bank of America forecasts a "shocking" 22 million jobs lost in April, unemployment spike to 15%
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Coronavirus update: U.S. deaths to COVID-19 exceed Vietnam War toll, and Pence slammed for not wearing face mask
The U.S. death toll from the coronavirus that causes COVID-19 has surpassed the number of lives lost in the Vietnam War as more than 1 million Americans are confirmed to have had the deadly illness......»»
COVID-19 case tally: 3.13 million cases, 217,555 deaths and U.S. death toll exceeds Vietnam war deaths
The global case tally for the coronavirus that causes COVID-19 climbed to 3.13 million on Wednesday, according to data aggregated by Johns Hopkins University. The death toll rose to 217,555. At least 935,308 people have recovered. The U.S. has .....»»
UniCredit taking €900 million loan-loss provision as it forecasts eurozone GDP to drop 13%
UniCredit , Italy's largest bank, on Wednesday s.....»»
Is There Actually Good News in the Atrocious 5.2 Million Weekly Jobless Claims?
The U.S. Department of Labor reported on Thursday that weekly jobless claims totaled more than 5 million last week. That was less than in the prior week but more than the forecasts......»»