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ARK buys more Coinbase, Tesla shares
Sat, 17 Apr 2021 09:36:29 GMT
 
On Friday, ARM acquired Coinbase Global Inc's another 187,078 shares worth nearly $64M. >>
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LG, GM to build second battery factory in US
Sat, 17 Apr 2021 07:00:09 GMT
 
On Friday, LG Energy Solution and General Motors announced plans to build the second battery factory in Tennessee. >>
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US homebuilding surges to nearly 15-year highs
Sat, 17 Apr 2021 06:00:08 GMT
 
As reported by the US Commerce Department on Friday, US homebuilding rose to almost 15-year highs last month. >>
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Dow, S&P 500 hit record highs
Sat, 17 Apr 2021 05:00:08 GMT
 
On Friday, the Dow Jones Industrial Average and the S&P 500 hit record highs, boosted by US corporate company earnings reports. >>
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Siewert to leave Goldman Sachs
Sat, 17 Apr 2021 04:00:06 GMT
 
As reported by the New York Times on Friday, Goldman Sachs's Communications Chief Jake Siewert is leaving the bank. >>
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Global equities near record highs
Sat, 17 Apr 2021 03:00:07 GMT
 
On Friday, global equity markets hovered near record highs, as data from the United States and China cemented expectations of quick global economy recovery. >>
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Grab considers secondary Singapore listing
Sat, 17 Apr 2021 02:00:09 GMT
 
According to sources with knowledge of the matter, Grab Holdings is mulling a secondary Singapore listing after finalizing the Nasdaq listing through a $40B SPAC Altimeter Growth Corp merger. >>
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GM, LG plans another US battery plant
Fri, 16 Apr 2021 20:00:05 GMT
 
General Motors and LG Energy Solution, its South Korea-based joint-venture partner, are planning to establish the second battery cell plant worth $2.3B in Tennessee, the United States. >>
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Hyundai unveils new head for mobility arm
Fri, 16 Apr 2021 19:00:09 GMT
 
On Friday, Hyundai Motor Group unveiled it had created a new mobility unit with the intention to roll out more service models, naming Song Chang-hyeon as the automaker's new chief. >>
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New Zealand gives Amazon extra $116M rebates
Fri, 16 Apr 2021 18:00:06 GMT
 
On Friday, New Zealand agreed to award Amazon an extra $116M worth subsidy on "The Lord of the Rings" TV series filming expenses in the country. >>
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Apple backs carbon removal
Fri, 16 Apr 2021 17:00:08 GMT
 
Apple created a $200M worth fund to invest into timber-producing forests, which will be managed in carbon removal efforts, while also generate a profit, the tech giant said. >>
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Goldman's communications head to quit
Fri, 16 Apr 2021 15:53:11 GMT
 
Goldman Sachs Group's corporate communication head Jake Siewert is set to step down from his role in the bank, according to the New York Times report published on Friday. >>
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Daimler posts better-than-expected profit
Fri, 16 Apr 2021 14:42:46 GMT
 
Daimler reported a better-than-anticipated Q1 profit of $6.0B, driven by surging demand for the carmaker's luxury Mercedes-Benz cars in China as well as by higher prices. >>
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Morgan Stanley posts jump in Q1 profit
Fri, 16 Apr 2021 14:04:16 GMT
 
On Friday, Morgan Stanley posted a 150% surge in its Q1 profit, topping Wall Street's estimates, while disclosing a nearly $1.0B loss from the private fund Archegos's collapse. >>
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Ocado invests £10M in Oxbotica
Fri, 16 Apr 2021 12:54:25 GMT
 
Ocado, the UK online grocer, is planning to make an investment worth £10M in Oxbotica, the autonomous vehicle software firm, amid their cooperation aimed to cut last-mile delivery costs. >>
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