Singapore’s PropertyGuru to go public via $1.78bn merger with Thiel-backed SPAC 26-07-2021 Southeast Asian online real estate marketplace provider PropertyGuru had agreed to a public market floatation in NYSE through a $1.78 billion SPAC merger
Santa Monica’s Snap beats Q2 estimates with highest growth in four years; shares soar 26-07-2021 American social media company Snap Inc. had beaten second-quarter estimates for users and revenues, shelving the steepest growth in four years
Russia raises benchmark borrowing cost to 6.5% in the steepest move since 2014 26-07-2021 On Friday, Russ Central Bank had raised its benchmark borrowing cost by 100 bps to 6.5 per cent, branding the sharpest move since 2014
Major Gulf bourses eke out gains as Abu Dhabi hits record closing high 26-07-2021 On Sunday, major Gulf bourses had wrapped up the session sharply higher as investors return from the Eid holidays
Houston’s oilfield service company Schlumberger profit beats estimate as margins soar 25-07-2021 American oil field services provider Schlumberger had released a bullish forecast for the remaining of 2021
India’s Reliance revenue rises 58% as oil & natgas businesses balloon 25-07-2021 On Friday, India's oil-to-telecom conglomerate Reliance Industries had reported a 58 per cent jump in revenues over April to June quarter
Los Gatos’ streaming giant Netflix set to add mobile games as subscriber growth cools 25-07-2021 Streaming media industry giant Netflix Inc. said this week that the American multinational over-the-top content platform would introduce mobile video games into its platform
Upbeat corporate earnings heave European shares to record closing highs 25-07-2021 On Friday, a barrage of European stock indices had wrapped up the session at record closing highs
Plymouth’s EV startup Rivian announces $2.5bn funding round led by Amazon, Ford 25-07-2021 E-vehicle start-up Rivian had raised a stark upsum of $2.5 billion in a latest fundraising campaign led by Amazon.com Inc, Ford Motor Co alongside T. Rowe Price
Wall St. soars to all-time highs as Dow closes above 35,000 for the first time 25-07-2021 On Friday, all three key indices of Wall St. had closed out the session at record closing highs with Dow winding up above a 35,000-mark for the first time on record
Lower Manhattan’ AmEx beats profit estimates as spending rebounds from pandemic lows 24-07-2021 American credit card giant and financial services provider, American Express Co., had handily beaten second-quarter profit estimates on Friday as spending rebounds from pandemic lows
Florida’s Disney Cruise Line to restart sailing from US next month 24-07-2021 DIsney Cruise Line says on Friday that it will resume operations from Port Canaveral, Florida, again on August 9
Charlotte’s Honeywell raises full-year sales forecast after Q2 profit beats estimate 24-07-2021 American industrial conglomerate Honeywell raises full-year sales forecast on Friday after second-quarter profit beats estimates
Oil edges up in weekly rebound amid forecasts for squeezed supplies 24-07-2021 On Friday, both US and UK crude oil contracts edged higher and reported weekly percentage gains
US initial jobless claims climb to 2-month peak; labour market weakness persists 23-07-2021 US Labour Department said on Thursday that the number of Americans filing for first-time state unemployment benefits had jumped to a two-month peak during the week that ended on June 17
New York’s Blackstone doubles up second-quarter earnings amid surging asset sales 23-07-2021 New York-based asset manager Blackstone Group Inc had beaten analysts' estimate for second-quarter profits
Dallas’ Southwest, American Airlines post Q2 profits on federal aid, travel rebound 23-07-2021 On Thursday, Southwest and American Airlines, two of the leading airlines in the United States, had reported quarterly profits during fiscal Q2, 2021
California’s Twitter blows past revenue targets with ad improvements, shares climb 8% 23-07-2021 Late on Thursday, Twitter Inc. had insanely beaten Wall Street estimates for quarterly profits and revenues
Wall St. inches higher as investors turn to growth stocks 23-07-2021 On Thursday, all three key indices of Wall St. had wrapped up the day in an affirmative territory with growth stocks pulling the strings
Dallas’ AT&T raises full-year revenue forecast as business recovers from pandemic 22-07-2021 AT&T Inc., the United States' largest phone services provider, had insanely beaten second-quarter estimates for profit and revenues
New Jersey’s J&J, Big 3 US drug distributors, reach $26bn opioid settlement deal 22-07-2021 On Wednesday, a group of US state Attorney Generals said that the US drugmaker J&J alongside 'Big 3' drug distributors had agreed to a landmark $26 billion opioid settlement deal
Palo Alto’s Tesla will ‘most likely’ restart accepting bitcoin as payments, says Musk 22-07-2021 Speaking in a B Word Conference, Tesla Inc. Chief Elon Musk said on Wednesday that the EV industry giant would 'most likely' resume accepting payments in bitcoins
Oil climbs over 4 per cent despite rise in US inventories as risk-appetite roars back 22-07-2021 On Wednesday, both Brent and US WTI crude oil futures' prices gained more than 4 per cent
US housing starts accelerate in June but building permits slip to 8-month low 22-07-2021 On Tuesday, a US Commerce Department report had unveiled that US housing starts grew unexpectedly in June, but building permits dipped to an eight-month low
Armonk’s IBM's second-quarter revenue beats estimate on cloud strength, shares soar 21-07-2021 American multinational tech conglomerate International Business Machine Corp. had handily beaten Wall Street estimates for second-quarter revenues
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