Thursday , 18 December 2025

Recent Posts

Display maker Royole mulls China IPO as US plans stall

Bloomberg Chinese flexible display maker Royole Corp. is weighing an initial public offering in China while its planned US listing is put on hold, according to people familiar with the matter. Royole had filed confidentially for a US IPO that could raise about $1 billion, Bloomberg News reported earlier this year. However, the startup is now considering a listing in …

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Daimler to sell French car plant

Bloomberg Daimler AG plans to sell its factory in Hambach, France, as the maker of Mercedes-Benz cars pursues deeper-than-expected restructuring to overcome the fallout of the coronavirus pandemic. The move to unload the home of the Smart two-seater will result in a negative one-time effect of roughly $562 million in the second quarter, Daimler said. It doesn’t expect an impact …

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Sheikh Mohamed, Costa Rican president review bilateral ties

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has received a telephone call from President Carlos Alvarado Quesada of Costa Rica on the prestigious strategic relations binding the two friendly nations, as well as regional and international issues of mutual interest. President …

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