Author Archives
-
Britain’s Northern Irish Brexit arrangements a clear breach of trust: EU’s Finance Chief
Britain’s decision to make unilateral changes to Northern Irish Brexit arrangements have triggered concerns whether it can be trusted on future trade negotiations, opined the European Union’s finance chief Mairead McGuinness. “It does open a question mark about global Britain,… Read More ›
-
U.S. Energy Department readies $40 billion in loan to transition towards clean energy
In a significant development U.S. Energy Secretary Jennifer Granholm stated, Washington is ready to reactivate a loan program which could see more than $40 billion channelized towards clean energy. “I am ready to rev those engines back up so that… Read More ›
-
Goldman Sachs-backed ThredUp Inc files for IPO
Secondhand clothing retailer ThredUp Inc has filed for a IPO disclosing a bigger than expected full-year loss ahead of its market debut. ThredUp Inc has the backing of Goldman Sachs. According to its filings, ThredUp, which was founded in 2009,… Read More ›
-
Amazon negotiating exclusive media rights with NFL
In a potential deal that marks Amazon attempting to boost its video services, the Wall Street Journal has reported that the world’s biggest online retailer is negotiating with the National Football league (NFL) for exclusive media rights to broadcast in… Read More ›
-
Identity management firm Okta acquires Auth0 for $6.5 billion in all-stock deal
In a statement Okta Inc, an identity management company said, it has agreed to acquire Auth0, a smaller rival, for $6.5 billion in an all-stock deal. The development marks one of the largest software deals so far this year. The… Read More ›
-
Charles Sussman, BAML’s co-head of global oil trading departs
According to two sources familiar with the matter at hand, Charles Sussman, the managing director and joint-head of global oil trading at Bank of America Merrill Lynch (BAML), has left the company after having spent more than 10 years in… Read More ›
-
ELon Musk to build Starlink factory at Austin, Texas
Elon Musk’s SpaceX is building a new factory in Texas for its satellite-based broadband service Starlink. Musk is heading several futuristic companies, including electric vehicle maker Tesla Inc, neurotechnology company Neuralink, and Boring Co. In December 2020, Musk moved to… Read More ›
-
Karen Seymour, Goldman Sachs top lawyer leaves bank, second departure from Goldman’s management committee this week
According to a report from Bloomberg citing sources familiar with the matter at hand, Karen Seymour, Goldman Sachs Group Inc’s general counsel is leaving the bank. Karen Seymour, Goldman’s top lawyer, played a pivotal role in negotiations the bank’s settlement… Read More ›
-
Saudi Arabian Airlines to order 70 new airlines from Airbus and Boeing
According to Saudi Arabian news outlet Maaal, Saudi Arabian Airlines (Saudia) plans on ordering 70 airliners from Airbus and Boeing. The report states, Saudia is negotiating with local banks to raise $3.07 billion (11.5 billion riyals) to partly finance an… Read More ›
-
AT&T sells minority stake to buyout firm TPG Capital, trims debt
In a statement AT&T Inc said, it plans on selling nearly a third of its stake in DirecTV to buyout firm TPG Capital in a deal that values the business at $16.25 billion. Less than 6 years ago it had… Read More ›
manageria.biz 