Vietnam EV Maker VinFast to List in the U.S. via a SPAC

HANOI, May 12 Reuters Vietnamese electric automaker VinFast said on Friday it will list in the U.S. via a merger with special purpose acquisition company SPAC Black Spade Acquisition Co. After the merger, the new entity will have an enterprise value of approximately 27 billion and an equity value of 23 billion, assuming no BSAQ shareholders […]
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Emirates Airline Creates 200M Aviation Sustainability Fund

DUBAI, May 11 Reuters Emirates airline said on Thursday it had committed 200 million to a research fund focusing on reducing the impact of fossil fuels in commercial aviation, because hitting net zero emissions targets would not be possible with currently available options. Emirates President Tim Clark said the biggest impediment for airlines in reducing […]
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Japans Sharp Tumbles to 1.9 bln Loss on Hefty Writedown

TOKYO, May 11 Reuters Sharp Corp, the Japanese electronics maker owned by Taiwan39;s Foxconn, posted on Thursday a fullyear loss of 1.9 billion after writing down the value of its panel display business and a swathe of other assets. The supplier of sensors and screens for Apple Inc39;s iPhone reported a group net loss of 261 billion […]
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