News

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Mon, 19 Apr 2021 19:00:08 GMT

Zoom launches $100M fund

Zoom Video Communications created a $100M fund to invest in software companies that create applications using its technology.

Mon, 19 Apr 2021 18:00:06 GMT

Mastercard to purchase Ekata

Mastercard plans to purchase digital identity verification firm Ekata for $850M, a report published by the global payments processor shows.

Mon, 19 Apr 2021 16:56:16 GMT

GameStop loses CEO

George Sherman will resign from the chief executive officer position at GameStop, giving major shareholder Ryan Cohen more power, as the company shifts to e-commerce.

Mon, 19 Apr 2021 15:33:02 GMT

Nokia to cut 10,000 jobs

Nokia plans to cut 10,000 employees within the next two years to decrease costs and spend more on research, the Finnish telecoms group reports.

Mon, 19 Apr 2021 14:00:08 GMT

France struggles with vaccination

A report published by Reuters on Monday revealed that French authorities struggle to distribute AstraZeneca coronavirus vaccines.

Mon, 19 Apr 2021 13:00:08 GMT

Citigroup increases investment in China

On Monday, Reuters revealed that Citigroup would expand its business in China by increasing investment banking activities.

Mon, 19 Apr 2021 12:00:09 GMT

European stocks reach high level

During Monday's European trading hours, European stock indices surged and reached new high levels.

Mon, 19 Apr 2021 10:57:10 GMT

Shopping surges in UK

On Monday, it was revealed that the number of shoppers in the United Kingdom had jumped by 87.8% during the previous week.

Mon, 19 Apr 2021 09:00:10 GMT

ESR, GIC to acquire Blackstone-owned portfolio

ESR Cayman Limited, the logistics real estate firm, is set to cooperate with Singapore's GIC to acquire the Blackstone-owned Australian logistics property portfolio for A$3.8B ($2.9B).

Mon, 19 Apr 2021 07:42:03 GMT

Renesas to restore lost output capacity at plant

On Monday, the automotive semiconductor major supplier Renesas Electronics announced its plans for restoring full output capacity at the company's fire damaged factory by the end of May after resuming the production on Saturday.

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.

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