News

Thu, 24 Jun 2021 13:24:12 GMT

Wise prepares for listing

The British money transfer company Wise announced on Thursday its plans for a listing on London's stock exchange on July 7th.

Thu, 24 Jun 2021 12:34:38 GMT

St. Modwen accepts Blackstone's offer

On Thursday, St. Modwen Properties accepted Blackstone's $2.2B private acquisition offer.

Thu, 24 Jun 2021 10:46:59 GMT

Deutsche asks Oracle to simplify IT

According to a Deutsche Bank board member, the bank asked Oracle to simplify its IT systems, thus allowing to cut costs.

Thu, 24 Jun 2021 09:22:07 GMT

Siemens CEO outlines targets

Siemens CEO Roland Busch stated on Thursday that the company's growth would be secured by a combination of digital and real worlds and the company would enter adjacent markets via acquisitions and organic growth.

Thu, 24 Jun 2021 08:15:48 GMT

Visa to acquire Swedish Tink

Visa Inc stated on Thursday that it would acquire Swedish fintech company Tink for $2.2B.

Thu, 24 Jun 2021 07:20:53 GMT

Biden to discuss infrastructure plan

The US President Joe Biden is expected to have a meeting with a group of Senators from both parties to discuss proposal on inftrastructure bill.

Thu, 24 Jun 2021 06:00:09 GMT

WeRide deepens cooperation with Nissan

The China-based self-driving startup WeRide is set to expand development with Nissan Motor over autonomous driving technology for the Chinese market, as it raised $310M at a $3.3B valuation.

Thu, 24 Jun 2021 05:00:07 GMT

Atom Finance gets $28M from SoftBank

Atom Finance, the startup providing financial information to retail investors, announced that it raised $28M in Series B financing led by the SoftBank Latin America Fund.

Thu, 24 Jun 2021 04:00:07 GMT

Nespresso not to rise coffee prices

Nespresso, the Nestle-controlled premium coffee division, decided not to increase prices for capsules at the moment despite a sharp rise in arabica beans benchmark price.

Thu, 24 Jun 2021 03:00:06 GMT

Tecan to buy Paramit for $1B

Swiss laboratory instruments producer Tecan Group agreed to buy the US medical devices group Paramit for $1B, Tecan stated.

Wed, 23 Jun 2021 22:35:59 GMT

Tesla fuels Nasdaq to record close

The Nasdaq climbed to a record-high closing price on Wednesday, fueled by Tesla Inc, as investors cheered data showing a peak for US factory activity in June.

Wed, 23 Jun 2021 20:00:06 GMT

Europcar rejects €2.2B bid from VW

Europcar Mobility Group rejected Volkswagen's takeover bid valuing the auto-rental company at about €2.2B, sources with knowledge of the matter said.

Wed, 23 Jun 2021 19:00:07 GMT

Clear Secure aims to get $2.2B valuation

lear Secure Inc, the firm using biometric technology to validate identity, was looking to raise $396M through the US IPO initial public offering at about $2.2B valuation.

Wed, 23 Jun 2021 18:00:07 GMT

Amazon buys renewable power in US, Europe

Amazon.com signed agreements on buying power from 14 solar and wind farms across Europe and North America, bolstering the company's position as the biggest renewable electricity buyer.

Wed, 23 Jun 2021 17:00:07 GMT

US current account deficit up to 14-year high

The US current account deficit rose to the highest level in 14 years in the Q1, as economic growth acceleration drew in imports.

Wed, 23 Jun 2021 16:00:08 GMT

Buffett quits Gates Foundation

Warren Buffett stepped down as the trustee from Gates Foundation and has donated half of his wealth, as he pledged to give away the fortune built up managing Berkshire Hathaway.

Wed, 23 Jun 2021 14:50:04 GMT

Tesla sets up solar charging station in China

The US electric car maker Tesla opened its first solar-powered charging station in the Tibetan capital Lhasa, China, the company stated on Wednesday.

Wed, 23 Jun 2021 14:27:30 GMT

US factory activity at record high in June

The Index of the US factory activity rose to a record high in June, though manufacturers were still struggling to secure qualified workers and raw materials, substantially their raising prices.

Wed, 23 Jun 2021 13:00:09 GMT

SoftBank CEO comments on share buybacks

Masayoshi Son, the Chief Executive Officer of SoftBank Group, stated on Wednesday that stock buybacks remain a possibility for the company.

Wed, 23 Jun 2021 12:00:08 GMT

Warby Parker files for US listing

On Tuesday, eyewear company Warby Parker announced that it has confidentially filed with the US Securities and Exchange Commission to go public.

Wed, 23 Jun 2021 11:00:08 GMT

Amazon's Prime Day sales increase

According to data from Adobe's Digital Economy Index, Amazon.com Inc's Prime Day sales across all US retailers surged by 8.7% from last year's levels to $5.6B.

Wed, 23 Jun 2021 10:00:08 GMT

Alfi Inc shares edge higher by 108.8%

Shares of Alfi Inc surged by 108.8% to $16.29 on Tuesday, making it the third most traded stock on the US stock exchanges on the day.

Wed, 23 Jun 2021 09:00:09 GMT

KK targets around $4B valuation in US IPO

Krispy Kreme is eyeing a valuation of around $4B in the US stock market listing, a regulatory filing showed.

Wed, 23 Jun 2021 08:00:08 GMT

UK pilots urge politicians to save travel sector

On Wednesday, British pilots called on politicians across the UK to put more pressure on the government to act now and rescue the travel industry.

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