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
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
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
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
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
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
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
New York’s Nasdaq teams up with banks to spin out platform for pre-IPO penny stocks 21-07-2021 American stock exchange operator Nasdaq Inc was mulling a potential spin-off to launch a trading platform for the pre-IPO penny stocks
US & allies accuse China of global-scale hacking spree 21-07-2021 On Monday, the United States alongside its allies such as NATO, EU, Australia, New Zealand and Japan had accused China of anchoring a global-scale cyberespionage spree
San Francisco’s Zoom to purchase cloud-based call centre operator Five9 at $15bn deal 20-07-2021 Californian video teleconferencing software provider Zoom had agreed to a $15 billion all-stock takeover of cloud-based call-centre operator Five9 Inc
Menlo Park’s Facebook says it could not be blamed for US failing to meet vaccine goal 19-07-2021 Facebook Inc said in a statement on Saturday that it could not be blamed for the United States failing to reach vaccine targets
Greenwich’s LVMH-backed L Catterton to buy 60% of Italian fashion label Etro 19-07-2021 Fashion giant LVMH-backed French-American private equity firm K Catterton had agreed to purchase a 60 per cent stake in an Italian luxury fashion brand Etro
OPEC+ agrees oil supply boost from August as UAE wins argument with Saudi 19-07-2021 On Sunday, OPEC+ member states had reached an accord to step up oil outputs as early as by August this year
US retail sales rise unprecedentedly in June; shortages depress auto purchase 19-07-2021 US Commerce Department data had unveiled that US retail sales had bounced back 0.6 per cent in June
Italian vaccine vial maker Stevanato valued over $5bn in lacklustre NYSE debut 18-07-2021 Italian vaccine vial manufacturer Stevanato had made a tepid NYSE debut following a downsized initial offering
Palo Alto’s Tesla launches $199/month subscription for driver assistance software 18-07-2021 EV industry trailblazer Tesla Inc had launched a monthly subscription service for its advanced driver assistance software
Michigan's Ford recalls 775,000 SUVs over steering issues linked to six injuries 17-07-2021 Ford Motor Co had issued recalls late on Friday involving as many as 775,000 Ford Explorer SUVs, 41,000 Lincoln Aviator alongside 35,000 F-350 Super Duty vehicles
Pittsburgh Self-driving start-up Aurora to go public in a $13 billion SPAC deal 17-07-2021 American self-driving start-up Aurora Innovation Inc. has been mulling a $13 billion merger with an SPAC (Special Purpose Acquisition Company) in order to go public
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