Polestar Prepares to Raise Up to $1 Billion for EV Sales Push
Polestar Automotive Holding is taking steps to raise more capital as the electric-vehicle maker struggles with an increasingly strained balance sheet and continued cash burn.
Polestar Automotive Holding is taking steps to raise more capital as the electric-vehicle maker struggles with an increasingly strained balance sheet and continued cash burn.
A global tax deal is inching toward implementation after negotiators presented a legal text that sets out who can levy the profits of the world’s biggest corporations in order to prevent a resurgence of trade tensions.
The 19% rally in Italian stocks this year has left them exposed to sovereign debt risks as bond yields climb, according to Goldman Sachs Group Inc. strategists.
Bank of Korea Governor Rhee Chang-yong highlighted the improving outlook for semiconductors, conveying his hopes that recovering exports of technology products will support economic growth next year.
Taiwan’s exports unexpectedly grew in September for the first time in more than a year, adding to signs that global trade is recovering.
Product managers and designers are skeptical about the tool, messages from an ‘official’ Discord group show
Turkey’s current-account deficit shrank by almost 90% in August from the previous month, as a boom in tourism helps offset a yawning gap in trade.
Chinese stocks advanced after a report saying Beijing is planning further support for the nation’s struggling economy boosted sentiment.
Ukraine’s commodities are again heading directly to traditional buyers across Europe and Asia via its new shipping corridor in the Black Sea.
Refiners in India are buying cargoes of Russian oil at the widest premium above a G-7 imposed cap since the curb was introduced, highlighting the market’s importance to Moscow and a gap that may intensify scrutiny of the controversial mechanism.