Bloomberg Business

Toyota’s New CEO Assembles Leadership Team for EV Future

Toyota Motor Corp. unveiled several changes to its senior management as Koji Sato prepares to take over as chief executive officer, seeking to improve the carmaker’s strategy and messaging in the shift to an electric future and to take on Tesla Inc.

Grocery Delivery App Shelves Seoul IPO on Valuation Frustration

Oasis Corp., a South Korean grocery delivery app that competes with US-listed Coupang Inc., decided to withdraw what was expected to be the nation’s largest initial public offering in five months amid difficulty in reaching expected valuation.

DBS CEO Says Not Concerned About $976 Million Adani Exposure

DBS Group Holdings Ltd. has about a S$1.3 billion ($976 million) exposure to Adani Group, of which S$1 billion is from a cement firm acquisition financing and the remaining S$300 million is from other Adani firms, its Chief Executive Officer Piyush Gupta said at a briefing Monday.

Close Bitnami banner
Bitnami