In a statement, actress Jessica Alba founded Honest Company Inc said, it has priced its initial public offering (IPO) slightly above the midpoint of its indicated price range, raising $412.8 million. Late on Tuesday, the company said it had sold 25.8… Read More ›
In a statement organizers of the Shangri-La Dialogue Asian security summit, which is scheduled to be held in Singapore next month said, U.S. Defense Secretary Lloyd Austin will be attending the security summit. The annual meeting was cancelled in 2020… Read More ›
According to a source familiar with the matter at hand, KKR & Co Inc has collected $18.5 billion for its latest flagship North America private equity fund, in what is slated to be its biggest-ever fund in less than five… Read More ›
On Tuesday, in a significant development, Britain is set to agree to a firm decisive stand from its G7 partners to protect democracies against global threats stemming from China and Russia. Hosting the event, Britain is likely to lay the… Read More ›
On Monday, Siemens Healthineers raised its full-year sales and profit forecast on the back of heightened demand for rapid antigen tests coming from the Wuhan Coronavirus-induced COVID-19 pandemic. The German health technology company expects its sales to grow by 14%… Read More ›
Early on Monday, according to a report from The Times, BP Plc is preparing to bid for the rights to build wind farms off Scotland. In an interview, BP’s CEO Bernard Looney stated, the company “was looking at bidding in the… Read More ›
As per a source familiar with the matter at hand, Apollo Global Management Inc is closing in on a deal to acquire the media assets of Verizon Communications Inc in a deal that could be valued close to $5 billion. Earlier on… Read More ›
With a third wave of the Covid-19 pandemic hitting some countries of the Eurozone forcing re-imposition of lockdowns and restrictions, the euro zone economy contracted in the first quarter of 2021. According to preliminary data released by Europe’s statistics office… Read More ›
Barclays chief Jes Staley believes that the biggest economic boom since the one after World War Two will be experienced by the United Kingdom. This comment was made by him even as the bank reported more than doubling of profits… Read More ›
The largest social media company of the world Facebook has warned that its growth later this year could “significantly” drop because of new Apple Inc privacy policies which will make it much more difficult for the company to target ads…. Read More ›
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