PIF, the Saudi Arabian sovereign wealth fund that Tesla's CEO Elon Musk said would secure the $72bn funding to take the carmaker private, is in talks to invest in rival company Lucid Motors, according to reports.
London stocks started the week on the front foot, buoyed by a strong showing for the mining sector, as investors grew more optimistic ahead of trade talks between the US and China later this week.
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Kathryn Purves, a non-executive director of Intermediate Capital Group acquired 8,500 ordinary shares in the specialist asset manager on Monday.
Most markets in Asia finished in the green on Friday, taking their leads from a decent session on Wall Street overnight amid developments in the ongoing US-China trade dispute.
By Brendan Pierson NEW YORK, July 23 (Reuters) – The operator of a shuttered bitcoin-denominated exchange pleaded guilty on Monday to federal charges that he defrauded investors and lied to U.S.