Wall St. totters as IBM, Intel weigh, but clocks weekly percentage gain 23-01-2021 On Friday, a slew of US stocks closed out the session modestly lower, but all three key indices of Wall St. had reported weekly percentage gains
New York capital manager BlackRock to add bitcoin as eligible investment in two funds 22-01-2021 Earlier this week, BlackRock Inc., the world's largest asset management firm, said in a statement that it had added bitcoin futures as eligible investments on two of its funds
German Online fashion retailer Mytheresa jumps 37% in NYSE debut 22-01-2021 On Thursday, shares' prices of the German luxury fashion retailer Mytheresa spacedived as much as 37 per cent in US public market debut
US weekly jobless claims dip marginally as solid factory activity anchors economy 22-01-2021 On Thursday, US Labour Department said in a statement that the US initial jobless claims fell by 26,000 to a seasonally adjusted 900,000 during the week that ended on January 16
S&P, Nasdaq extend record-setting rally on optimism over Biden stimulus plan 22-01-2021 On Thursday, a slew of US stocks had curtailed the day in an upbeat tone with the benchmark S&P 500 and tech-heavy Nasdaq extending their record-setting rally
Brazilian asset manager Vinci seeks $1 billion valuation in Nasdaq debut 22-01-2021 As a number of Brazilian investors apparently had turned tails on Government bonds amid a record-low interest rate, leading to a rapid hype in equity investments, Brazilian asset manager Vinci seeks a $1 billion valuation following a Nasdaq debut
Texas’ oil pipeline mogul Kinder Morgan beats estimate, raises concerns on spending 21-01-2021 Earlier this week, the leading North American gas and oil pipeline company Kinder Morgan had revealed its quarterly earnings' report for Q4, 2020 that beat an analysts' estimate by a fair margin for both profits and revenues
Plymouth’s Rivian adds $2.65 billion in new investments, valued over $27bn 21-01-2021 Earlier this week, Ford Motor- and Amazon-backed e-vehicle start-up Rivian said in a statement that the Plymouth-based company had added $2.65 billion in a fresh fundraising campaign led by the Baltimore-based investment management company T. Rowe Price
Wall St. hovers at record highs after Biden inauguration 21-01-2021 A slew of US stocks eked out robust gains on Wednesday, lifting all three key indices of Wall St. at record closing highs
Washington rolls back Trump policies on pandemic, climate after Biden inauguration 21-01-2021 On Wednesday, shortly after Joe Biden's inauguration as the 46th US President, Biden had signed off more than 15 executive laws, mostly aimed at cleaning up a mess the Trump Administration had left behind
Houston’s oil giant Halliburton beats profit estimates, forecasts recovery by Q2, '21 21-01-2021 On Tuesday, Houston-based oil and natgas industry giant Halliburton had beaten fourth-quarter estimates for profits and revenues
New York lender Goldman Sachs dwarfs profit estimate as fourth-quarter profit doubles 20-01-2021 On Tuesday, the New York City-based leading American multinational lender, Goldman Sachs had reported a robust rise in profits over its fiscal fourth quarter of the year
California’s Cruise, GM team up with Microsoft to commercialize autonomous vehicles 20-01-2021 On Tuesday, self-driving start-up Cruise and GM said in a joint statement that they had teamed up with Microsoft Corp in a bid to commercialize self-driving vehicles
San Jose’s Cisco Systems receives China approval on $4.5bn Acacia takeover 20-01-2021 On Tuesday, the US-based networking gear maker Cisco had received an approval from China's anti-trust authority for its $4.5 billion Acadia buyout deal
Crude oil surges over 2% on stimulus optimism ahead of Biden inauguration 20-01-2021 On Tuesday, both Brent and US WTI (West Texas Intermediate) crude oil contracts' prices jumped ahead of an inauguration of the President-elect Joe Biden
Wall St. ascends as Biden's Treasury Secretary nominee Yellen backs more stimulus 20-01-2021 On Tuesday, a slew of US stocks eked out robust gains with tech-heavy Nasdaq leading the rallies ahead of the inauguration of President-elect Joe Biden
Oil supermajor Total steps up renewable energy push with $2.5bn investment in AGEL 19-01-2021 On Monday, French oil Supermajor Total SE said that the Paris-based energy industry behemoth had agreed to lay off a jawdropping $2.5 billion in fresh investments in an Indian renewable energy firm
Singapore-based ride-sharing giant Grab mulls $2 billion US IPO 19-01-2021 Grab Holdings Inc., the Southeast Asian multinational ride-sharing and online food delivery start-up had been exploring a US IPO earlier in the year
PSA-FCA merger Stellantis shares soar in European debut 19-01-2021 On Monday, shares' prices of Groupe PSA-Fiat Chrysler merger Stellantis rose just a notch shy of 8 per cent in their European market debut
Global stocks tremble as pandemic resurgence offset upbeat China data 19-01-2021 On Monday, a basket of global equity indices had winded down the session sharply lower despite a better-than-anticipated China data released earlier in the day
Israeli economy to grow 4.6% in 2021 amid positive vaccine response: Finance Ministry 19-01-2021 Israeli Finance Ministry had said in a statement earlier on Sunday that the country would likely to witness a growth of 4.6 per cent this year
UK’s Deliveroo raises $180 million from existing investors, valued over $7 billion 18-01-2021 London-based British multinational online food delivery company Deliveroo said in a statement earlier on Sunday that the company had raised a fresh $180 million from existing investors ahead of its slated public market debut in the coming months
Major Gulf bourses tumble ahead of likely dour earnings’ season 18-01-2021 On Sunday, a basket of major Gulf bourses edged lower with Dubai's main index leading the losses
Italy’s debt to hit record 158.5% of GDP in '21, 2nd-highest after Greece in bloc 18-01-2021 On Saturday, Italy's senior Government officials said that the country would witness a record rise in public debts to 158.5 per cent of GDP this year
Brazil’s Bolsonaro to allow China’s Huawei in 5G tender, says local newspaper 18-01-2021 On Saturday, a Brazilian local newspaper Estado de S. Paulo had quoted the country's Vice President Mourao as saying that the world's No 1 low-cost telco gear maker Huawei would not be barred from a 5G aution scheduled to takeplace on June
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