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BBCNEWS Asia Business Report June 4, 2024 00:36:00

With vinfast s spac partner black spade acquisition. it surged further during the session, ending at more than $37. the merger with the special purpose acquisition company gave vinfast a listing in the us market, where it s hoping to take on industry leader tesla with a $4 billion factory currently under construction in north carolina. well, a year ago today, president biden signed into law america s first serious attempt to tackle the climate crisis. a year ago today, president biden signed into law america s first serious attempt to tackle the climate crisis. but the move has ruffled feathers as it includes protectionist measures that might hurt europe s green industry. the bbc s michelle fleury has more. the name inflation reduction act is confusing, since most experts agree it has done little to lower inflationary pressures . so why is it called that? well, let s just say it fit the politics of the day. when it was signed into law a year ago today, prices were rising at their faste ....

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BBCNEWS Asia Business Report June 4, 2024 23:35:00

Them back in 2014. a lot of this growth over recent years is of course being driven by the likes of apple, which has been betting big on india as it diversifies supply chains away from china. it s already tripled its production from india in the last year and may move a quarter of iphone production to the country by 2025, according to the wall street bankj.p. morgan. the shares of vietnamese electric car maker, vinfast, have soared in thin trading in their nasdaq debut. the stock opened at $22, more than double the $10 per share agreed with vinfast s spac partner black spade acquisition. it surged further during the session, ending at more than $37. the merger with the special purpose acquisition company gave vinfast a listing in the us market, where it s hoping to take on industry leader tesla with a $4 billion factory currently under construction in north carolina. ....

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Vietnamese EV maker VinFast gets go ahead for Nasdaq SPAC listing

Shareholders of Hong Kong-based Black Spade Acquisition, a blank-check company, voted on Thursday to approve the merger with VinFast ....

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