G7 considers $100B allocation

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Source: Dukascopy Bank SA
The Group of Seven is considering reallocation of $100B from the IMF's warchest to aid countries struggling most with the coronavirus pandemic crisis, according to the White House's statement.
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Fri, 11 Jun 2021 16:00:07 GMT

Netflix to launch online store

Netflix has plans to roll out an online store deemed for the sale of limited-edition apparel, lifestyle collectables and merchandise based on its popular shows, such as "Stranger Things" or "Lupin".

Fri, 11 Jun 2021 14:00:07 GMT

BlackRock now operating China mutual fund biz

On Friday, BlackRock became the first asset manager in the world licensed to launch a wholly-owned Chinese mutual fund business, as China's government opened up its mutual fund industry worth $3.5 trillion.

Fri, 11 Jun 2021 13:00:06 GMT

Signa Sports agrees listing via SPAC deal

Signa Sports United, the sporting goods retailer, agreed to the NYSE listing via a SPAC merger, in a deal that values the company at $3.2B, according to Reuters.

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