Velodyne becomes latest tech company to go public using a SPAC, eschewing the traditional IPO path
Velodyne Lidar, the leading supplier of a sensor widely considered critical to the commercial deployment of autonomous vehicles, said it has struck a deal to merge with special-purpose acquisition company Graf Industrial Corp.,…
China’s economic recovery reveals its resilience, dynamism
The US Consumer News and Business Channel website quoted economists as saying that the Chinese economy is improving and there may be “impressive” growth in China’s economic development.Strong and precise government supports, including…
Chesapeake Energy’s bankruptcy delivers hit to reeling pipeline, service firms
Chesapeake Energy Corp’s bankruptcy will pile more pain onto leading energy service and pipeline companies whose revenues were already being slammed during the latest collapse in oil prices, according to energy analysts and…
GEELY Automobile to list shares in Shanghai
Affected by the pandemic situation and the economic recession, global automakers have fallen into the dilemma of ‘lack of money’ and GEELY is no exception. However, If GEELY can be listed on the…
Europe’s borders reopen but long road for tourism to recover
Europe’s reopening isn’t a repeat of the chaotic free-for-all in March, when panicked, uncoordinated border closures caused traffic jams that stretched for miles. With flights only gradually picking up, nervousness about new outbreaks…
Battery makers in demand with global carmakers
The growing electric vehicle market will drive demand for a large number of batteries. Tesla, Audi, Jaguar Land Rover and some other carmakers suspended production due to supply problems at one time. Global…
