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Thai IPO fundraising to hit 4-year high

Bloomberg Thai companies are likely to raise the most money from initial public offerings in four years in 2019 as the formation of the nation’s first democratic government since the 2014 military coup has encouraged domestic firms to tap equity markets. Companies have raised 80 billion baht ($2.6 billion) this year on the Stock Exchange of Thailand and the Market ...

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Ford unveils all-electric SUV to take on Tesla dominance

Bloomberg Ford Motor Co is reinventing one of its marquee models — the Mustang muscle car — as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade. In a splashy ceremony ahead of the Los Angeles Auto Show, the carmaker unveiled the Mustang Mach-E, a swoopy hatchback with ...

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Trump to visit Apple’s Austin plant tomorrow

Bloomberg President Donald Trump is scheduled to tour an Apple Inc manufacturing plant in Austin, Texas, on Wednesday, the White House said. The president plans to visit the plant along with Apple Chief Executive Officer Tim Cook, according to a tweet by spokesman Judd Deere. The Austin American-Statesman newspaper reported that Trump will travel with Treasury Secretary Steven Mnuchin and ...

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