Bloomberg Tesla Inc. is splitting its elevated shares in a 5-for-1 exchange, a move timed to make the stock less expensive for individual investors after the company become the world’s most valuable automaker. Its shares surged on the news in aftermarket trading. Each shareholder of record on August 21 will receive a dividend of four additional shares of common stock ...

Bloomberg Indian equities declined, halting their longest run of gains in three weeks, as economic growth concerns resurfaced amid a steady increase in new infections. The S&P BSE Sensex falls 0.4% to 38,244.45 as of 9:40 am in Mumbai, after rising for four straight sessions. The NSE Nifty 50 Index also declined by a similar magnitude. The nation’s factory output ...

Dubai / Emirates Business Emaar Malls, the developer of premium shopping malls and retails assets including The Dubai Mall, majority-owned by Emaar Properties, reports revenue of AED1.657 billion in the first half of 2020 (January to June). With a first-half net profit of AED345 million, the result demonstrates the resilience of the business. Commenting on the results of the first ...