In a statement Boeing Co said, it has tapped former General Electric executive Brian West as its chief financial officer. The development comes two months after the surprise retirement of finance chief Greg Smith. West is scheduled to take charge on August… Read More ›
Day: July 1, 2021
Cyber security provider SentinelOne Inc valued at $11 billion on market debut
Shares of SentinelOne Inc, a security software provider, jumped by 21.4% in their U.S. stock market debut giving the company a market capitalization of around $11 billion. Shares of SentinelOne opened at $46 on Wednesday and closed at $42.5, above… Read More ›
South Korea’s exports extends double digit growth, trade surplus at $4.44 billion
Exports from South Korea have grown consistently across 4 quarters, posting a double digit growth in June, propelled by a strong economic recovery in major markets globally and continued strong demand for memory chips and automobiles. In June, South Korean… Read More ›
FTSE adds China’s Didi to its global indexes
In a statement FTSE said, China’s Didi Global Inc will be added to its global equity indexes on July 8 following its U.S. stock market debut. In a statement FTSE said, Didi’s shares will be included in the FTSE All-World… Read More ›
Scott Bommer to launch 2 funds worth $2 billion under Blackstone Group
According to two sources close, Scott Bommer, a former hedge fund manager, is set to launch a hybrid hedge fund and private equity fund under Blackstone Group with close to $2 billion in assets. The bulk of the capital raised for… Read More ›
SoftBank Group Corp to sell US, Euro dominated bonds worth $3.85 billion this month
On Thursday, in a statement SoftBank Group Corp said it plans on raising $7.35 billion by selling U.S. dollar- and euro-denominated bonds sometime this month. The development marks the Japanese conglomerate’s first such foreign bond sale in three years. SoftBank… Read More ›