News

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Mon, 19 Apr 2021 07:36:04 GMT

Goldman invests $69M in Starling Bank

Goldman Sachs has made an investment worth $69M in Britain's Starling Bank, the UK lender stated on Monday.

Mon, 19 Apr 2021 06:30:53 GMT

Clubhouse app valued at $4.0B

Clubhouse, the audio-based social network, has closed the Series C funding round, which reportedly values the app at around $4.0B, according to Reuters.

Mon, 19 Apr 2021 05:00:08 GMT

EU inflation rises

Inflation in the European Union increased to 1.7% in March from 1.3% in February, a report published by the European Statistical Office shows.

Mon, 19 Apr 2021 04:00:08 GMT

Asian economy to grow 6.5%

The Asian economy is expected to expand 6.5% in 2021 after the 1.7% contraction the prior year, data published by the International Monetary Fund show.

Mon, 19 Apr 2021 03:00:07 GMT

Morgan Stanley reports $911M Archegos loss

Morgan Stanley lost around $1B from the liquidation of Archegos Capital Management, a report published by the multinational investment bank shows.

Sun, 18 Apr 2021 21:03:23 GMT

Musk: NASA rules as SpaceX wins $2.9B contract

Elon Musk's SpaceX won a $2.9B contract to construct a spacecraft to bring people to the moon starting 2024, the US space agency NASA reports.

Sun, 18 Apr 2021 20:00:07 GMT

Clubhouse raises funds

On Sunday, Clubhouse announced that the company had raised additional capital, which put the company's value at almost $4 billion.

Sun, 18 Apr 2021 19:00:06 GMT

Standoff persists in German succession

Reuters revealed on Sunday that German politicians had encountered a standoff in the country's Chancellor succession.

Sun, 18 Apr 2021 18:00:07 GMT

Britain increases vaccination

On Sunday, the government of the United Kingdom revealed that it had vaccinated more than 600,000 people during the last 24 hours.

Sun, 18 Apr 2021 17:02:58 GMT

UK government comments on lobbying

The government of the United Kingdom stated on Sunday that the lack of help for financial firms serves as proof of lack of lobbying in the country.

Sun, 18 Apr 2021 15:41:09 GMT

Raul Castro leaves politics

On Sunday, the brother of Fidel Castro Raul Castro revealed that he would leave politics.

Sun, 18 Apr 2021 15:00:12 GMT

Macron comments on Russia

The President of France announced on Sunday that red lines should be drawn in regards to Russia.

Sun, 18 Apr 2021 13:49:15 GMT

AstraZeneca comments on vaccines

On Sunday, AstraZeneca announced that it could have a vaccine for the new variants of the coronavirus.

Sun, 18 Apr 2021 13:29:26 GMT

Bitcoin drops 11.1%

On Sunday, the price of Bitcoin lost $6675.9 or 11.1% from the previous market closure.

Sun, 18 Apr 2021 12:37:03 GMT

Petrobas confirms top management

On Friday, the Petrobas board confirmed appointment of four new executives including the company's CEO Carlos de Oliveira.

Sun, 18 Apr 2021 11:38:51 GMT

Italy might miss a deadline

According to sources familiar with the matter, the Italian government might fail to present to the European Commission a recovery plan to the April 30 deadline.

Sun, 18 Apr 2021 10:32:01 GMT

Daimler to hire 1000 employees

Daimler AG stated on Sunday that it would hire nearly 1000 software developers that would work on its operating system for EVs.

Sun, 18 Apr 2021 09:39:11 GMT

GM, LG Energy to build plant in Tennessee

On Friday, LG Energy Solution and General Motors announced their plans to build a battery production plant in the state of Tennessee.

Sun, 18 Apr 2021 08:23:49 GMT

Iran and Saudi Arabia hold talks

On Sunday, the representatives of Saudi Arabia and Iran met to patch up relationships.

Sun, 18 Apr 2021 07:00:17 GMT

Ant Group considers options for Ma to exit

According to a source with knowledge of the matter, China's Ant Group is considering ways for Alibaba co-founder Jack Ma to exit.

Sun, 18 Apr 2021 05:00:06 GMT

Morgan Stanley announces $911M loss

On Friday, the US investment bank Morgan Stanley revealed that the collapse of hedge fund Archegos Capital Management cost the bank $911 million.

Sun, 18 Apr 2021 04:00:09 GMT

Pension fund files lawsuit against Credit Suisse

On Friday, the City of St. Clair Shores Police & Fire Retirement System filed a class-action lawsuit against Credit Suisse in the United States.

Sun, 18 Apr 2021 03:00:08 GMT

ARK sells $99.5M of Tesla shares

According to data released by Ark Invest's Cathie Wood, ARK funds sold 134,541 shares of Tesla, estimated at $99.5M.

Sun, 18 Apr 2021 02:00:05 GMT

ARK acquires more Coinbase shares

ARK funds purchased 187,078 shares of Coinbase worth nearly $64 million, Cathie Wood's funds announced on Friday.

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