Bloomberg Business

Vietnam Tycoon’s EV Arm VinFast Inks $23 Billion SPAC Deal

VinFast, an electric vehicle maker founded by Vietnam’s richest person, is going public through a merger with blank-check company Black Spade Acquisition Co. in what would be the largest-ever US listing by a company from the Southeast Asian country.

Rand at Record Low on Fears Russia Row Will Hit US Trade Ties

The rand slumped to its weakest level on record against the dollar and government bond yields soared amid investor concern a diplomatic row between Pretoria and the US may put trade worth billions of dollars to South Africa at risk.

Tucker Carlson’s Relaunch Plan Is Bigger Than Twitter

When Tucker Carlson said this week that he’s starting a new show on Twitter, he sounded much like he did as the top-rated host on Fox News. He asked rhetorical questions. He criticized the news media. He lamented the loss of free speech.

Germany to Place Leopard Tank Order Worth Up to $3.2 Billion

Germany is poised to order 18 Leopard 2 main battle tanks to replace units sent to Ukraine with an option for 105 more at a total cost of around €2.9 billion ($3.2 billion), according to people familiar with the plan.

Billionaire Adani’s Firms Weigh Raising Up to $5 Billion, Sources Say

Three companies controlled by billionaire Gautam Adani are considering a fundraising that may draw as much as $5 billion, according to people familiar with the matter, in a pivotal test of investor confidence in the tycoon’s empire less than four months after a scathing short-seller report plunged it into crisis.

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