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Morgan Stanley announces $911M loss
Sun, 18 Apr 2021 05:00:06 GMT
 
On Friday, the US investment bank Morgan Stanley revealed that the collapse of hedge fund Archegos Capital Management cost the bank $911 million. >>
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Pension fund files lawsuit against Credit Suisse
Sun, 18 Apr 2021 04:00:09 GMT
 
On Friday, the City of St. Clair Shores Police & Fire Retirement System filed a class-action lawsuit against Credit Suisse in the United States. >>
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ARK sells $99.5M of Tesla shares
Sun, 18 Apr 2021 03:00:08 GMT
 
According to data released by Ark Invest's Cathie Wood, ARK funds sold 134,541 shares of Tesla, estimated at $99.5M. >>
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ARK acquires more Coinbase shares
Sun, 18 Apr 2021 02:00:05 GMT
 
ARK funds purchased 187,078 shares of Coinbase worth nearly $64 million, Cathie Wood's funds announced on Friday. >>
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Morgan Stanley loses $911M
Sat, 17 Apr 2021 20:12:07 GMT
 
Morgan Stanley reported on Friday a $911M loss appeared after the collapse of Archegos Capital Management. >>
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China, Iran comment on nuclear talks
Sat, 17 Apr 2021 20:08:17 GMT
 
On Saturday, the Iranian chief negotiator at nuclear talks in Vienna said that an understanding was emerging at the negotiations, while the Chinese envoy also reported the progress. >>
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US companies stand for emissions cuts
Sat, 17 Apr 2021 19:26:17 GMT
 
A number of the US energy companies sent a letter to Presiden Biden calling to realize policies that would result in 80% emmissions cut by 2030. >>
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Cryptocurrencies decline
Sat, 17 Apr 2021 17:06:27 GMT
 
During Saturday's trading, the price for bitcoin and other cryptocurrencies declined, as profit taking occurred. >>
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Yandex to roll out e-grocery delivery in Europe
Sat, 17 Apr 2021 16:00:10 GMT
 
Russia's internet giant Yandex is bringing the online grocery delivery to Europe by launching it in Paris in 2021's Q2 and plans to roll out the service later in London, >>
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Revolut on track for $10B valuation
Sat, 17 Apr 2021 15:00:11 GMT
 
The British fintech company Revolut is on path to over $10.0B valuation with a new fundraising, according to a Sky News report published on Saturday. >>
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Musk's SpaceX awarded moon lander contract
Sat, 17 Apr 2021 14:05:18 GMT
 
Space X space company owned by Elon Musk has won the $2.9B NASA contract for building a spacecraft that will make it possible for astronauts to land on the moon >>
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Japan, US unite against China
Sat, 17 Apr 2021 13:29:10 GMT
 
The US President Joe Bide and Japanese Prime Minister Yoshihide Suga stated on Saturday that both countries would counter China's expansion. >>
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GM, LG Energy to build battery plant
Sat, 17 Apr 2021 12:32:58 GMT
 
LG Energy Solution and General Motors stated on Friday that would build a second battery production plant in the state of Tennessee by 2023. >>
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Credit Suisse faces lawsuit
Sat, 17 Apr 2021 11:35:02 GMT
 
One of Michigan pension funds on Friday filed a lawsuit against Credit Suisse for improperly managing risky customers, such as Archegos and Greensill Capital. >>
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Morgan Stanley reports $911M loss
Sat, 17 Apr 2021 10:32:29 GMT
 
Morgan Stanley reported on Friday that it had lost $911M from the crash of Archegos Capital Management. >>
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