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Tesla plans to partly resume production in Shanghai plant

Bloomberg Tesla Inc is calling back its workers in Shanghai to prepare for the initial resumption of production as soon as next week, after a weeks-long suspension because of the city’s strict lockdown to contain the Covid outbreak, people familiar with the matter said. The electric vehicle pioneer told some employees to enter a so-called “closed-loop” production system on April ...

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DiDi plans meeting to vote on US delisting in May

  Bloomberg DiDi Global Inc will hold an extraordinary general meeting on May 23 to vote on delisting its shares from the New York Stock Exchange, a sign the ride-hailing giant is heeding Beijing’s call to address concerns about how its data is handled abroad. The company said in statement it won’t apply to sell shares on any other stock ...

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Malaysia’s Hibiscus explores Spac listing in Singapore

  Bloomberg Hibiscus Petroleum Bhd is considering listing a special purpose acquisition company in Singapore that could raise as much as S$200 million ($147 million), according to people familiar with the matter. The Malaysian independent oil and gas explorer has held talks with potential advisers on the potential Spac initial public offering, said the people, who asked not to be ...

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