According to sources familiar with the matter at hand, William Ackman, has approached Airbnb Inc about going public through a reverse merger with his blank-check company. The negotiations though are currently not moving ahead with Airbnb being more focused with… Read More ›
In a landmark moment for Europe’s push towards climate focused financing, investors lapped up Germany first-ever green bond. Germany has raised 6.5 billion euros from the 10-year bond after investors queued up for over 33 billion euros. “With today’s issue… Read More ›
According to a report from the Wall Street Journal, Robinhood Markets Inc is being investigated by the U.S. Securities and Exchange Commission (SEC) over its early failure to fully disclose its practice of selling clients’ orders to high-speed traders. The… Read More ›
In a development that sees Walmart Inc ramping efforts to compete with rival Amazon.com Inc’s Prime membership program, Walmart unveiled its own membership program, Walmart Plus, which grants subscribers unlimited free delivery, fuel discounts and the option of zero checkout… Read More ›
On Wednesday, shares of Australia’s Afterpay Ltd as well as its smaller consumer lenders tumbled for a second day following the entry of U.S. giant PayPal into the buy-now-pay-later sector which sent investors scrambling to re-price its stocks. Shares of… Read More ›
On Wednesday, in a significant development, Unilever Plc said by 2030 it aims to remove fossil fuels from its cleaning products and will be investing 1 billion euros to that end, including cutting down on carbon emissions created by the… Read More ›
In a statement on Tuesday, Australian fuel supplier Ampol Ltd said, Chevron Corp has launched court proceedings against alleging breaches of a trademark license deal through which previously it used to use the company’s “Caltex” brand. According to Chevron, these… Read More ›
According to sources familiar with the matter at hand, private equity firm TPG is exploring the potential sale of Astound in a deal that could value the “owner of a U.S. network of regional cable TV and internet providers at… Read More ›
Billionaire investor Warren Buffett has chosen Japan’s five biggest trading houses to invest $6bn. These conglomerates have arrange of businesses in everything – ranging from importing food and textiles to the technology and manufacturing industries. Analysts view this move by… Read More ›
According to sources familiar with Exxon Mobil Corp’s operations, the oil giant has restarted it’s small crude distillation unit (CDU) and gasoline-producing fludic catalytic cracker (FCC) at its 369,024 barrel-per-day (bpd) Beaumont, Texas, refinery. The 110,000-bpd Crude A CDU and… Read More ›
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