The electric vehicle unit of defaulted property developer China Evergrande Group said Dubai-based NWTN Inc. will suspend carrying out its obligations under their share subscription agreement.
JPMorgan Chase & Co. explored a potential bid for UK lender Metro Bank Holdings Plc but decided on Saturday night not to go ahead with a possible deal because of the additional capital that would be required by a new buyer, according to the Financial Times.
Italy reaffirmed its support for Telecom Italia SpA’s network sale plan after a report saying Vivendi SE requested a strategy change aimed at keeping the company’s key asset.
Saudi Arabia said it’s interested in studying technology for small modular nuclear reactors, as the Middle East’s largest oil producer looks to diversify its energy sources and generate cleaner power for domestic use and export.
Japanese Prime Minister Fumio Kishida will unveil plans to regulate developers of generative artificial intelligence during a speech on Monday in Kyoto, the Yomiuri Shimbun newspaper reported.
A retired Salomon Brothers investment banker, a pediatric nurse and a special education teacher are on the jury that will decide whether FTX co-founder Sam Bankman-Fried is guilty of a multibillion-dollar fraud.
When Sterling Infrastructure Inc. Chief Executive Officer Joe Cutillo first started telling Wall Street that factories would return to the US, everybody thought he was crazy.
Standing outside the Bahamas Securities Commission, Gary Wang watched Sam Bankman-Fried and his father, Joseph Bankman, walk inside.
Companies looking to sell shares publicly for the first time face an extra obstacle now: the rising potential for US government shutdowns.
Singapore’s air quality in parts of the island reached “unhealthy” levels and it warned of widespread hazy conditions due to forest fires in Indonesia, increasing tension in the region over cross-border air pollution that causes respiratory illness and can slash tourism revenue.
