Physical gold premiums eased slightly in top consumer China this week, but remained elevated on high investor demand amid a broadly weaker yuan and economic worries, while lower prices in India failed to boost retail purchases. Chinese dealers charged premiums XAU-CN-PREM of between $80 and $100 an ounce over global spot prices, compared with $60-$130 last…
(Reuters) – Pershing Square SPARC Holdings Ltd, said that it will pursue business combinations with privately-held companies after receiving regulatory approval from U.S regulators for distributing special purpose acquisition rights. The SPARC, an affiliate of billionaire investor Bill Ackman’s Pershing Square Tontine Holdings Ltd, is targeting companies that seek to raise a minimum of $1.5…
SHANGHAI (Reuters) – U.S. automaker Tesla on Sunday released an updated version of its Model Y in China, with minor changes to the vehicle’s exterior and interior. The changes include a new wheel design, according to a post by Tesla’s official WeChat account. The starting price in China for the Model Y, the company’s global…