Recent Posts - page 333

• ‘Normal Communication’ Being Maintained With US On Trade, Claims China

  By admin2 on August 26, 2021 • ( 0 )

  

  “Normal communication” with the United States is being maintained by China on the issue of trade, the Chinese government said on Thursday. This is one of the very few areas where the two largest economies of the world have not… Read More ›

• Citi Could Soon Offer Bitcoin Futures Trading For Some Of Its Institutional Customers

  By admin2 on August 26, 2021 • ( 0 )

  

  An increase in demand for services in the cryptocurrency space has now prompted Citigroup Inc to closely consider offering some of its institutional customers the services of bitcoin futures trading, a spokesperson for the bank said earlier this week. After… Read More ›

• Brazilian unicorn fintech Nubank seeking valuation above $55 billion for upcoming US IPO

  By admin1 on August 26, 2021 • ( 0 )

  

  According to two sources familiar with the matter at hand, Brazil’s Nubank is seeking a valuation above %55.4 billion in its planned U.S. initial public offering. In Nubank’s recent funding round, led by Berkshire Hathaway Inc, Nubank was valued at… Read More ›

• Onsemi to acquire GT Advanced Technologies in EV push

  By admin1 on August 26, 2021 • ( 0 )

  

  In a statement Onsemi said, it would acquire GT Advanced Technologies in a $415 million cash deal. GT Advanced Technologies manufactures silicon carbide – a key material used in chips for electric vehicles. The move is a major push into… Read More ›

• UK car production volumes fell to lowest level since 1950s: SMMT

  By admin1 on August 26, 2021 • ( 0 )

  

  On Thursday, a trade industry body in Britain said, in July 2021 car production in the country has fallen to its lowest level since 1956; the global shortage of semiconductors as well as a shortage of staff because of the… Read More ›

• Tencent Holdings increases stake in Studio 9

  By admin1 on August 25, 2021 • ( 0 )

  

  In a statement China’s market regulator said, it has approved Tencent Holdings’ plan to purchase an equity stake in Studio 9, a Chinese animation company. China’s State Administration for Market Regulation made the announcement on its website. Tencent, which already had… Read More ›

• Healthcare Services Group Inc agrees to pay $6M fine to settle SEC civil charges

  By admin1 on August 25, 2021 • ( 0 )

  

  In a statement the U.S. Securities and Exchange Commission said, Healthcare Services Group Inc has agreed to pay a $6 million fine to settle civil charges for its alleged failure to account for legal settlements with its employees, which resulted in… Read More ›

• Delta Air orders 30 A321neo narrowbody aircraft from Airbus

  By admin1 on August 25, 2021 • ( 0 )

  

  In a statement Delta Air Lines said, it has ordered 30 A321neo narrowbody aircraft from Airbus. The development comes at a time when the U.S. carrier prepares for a rebound in travel. Following the new orders, Delta Air’s outstanding orders total… Read More ›

• Virgin Orbit goes public through merger with blank check company NextGen Acquisition Corp. II

  By admin1 on August 25, 2021 • ( 0 )

  

  In a statement Richard Branson’s Virgin Orbit said, it is going public through a merger with a blank-check company in a deal valued at around $3.2 billion. The deal is expected to provide $483 million in proceeds to the combined… Read More ›

• Asia’s Economic Recovery Stumbles On Fresh Covid-19 Outbreaks

  By admin2 on August 24, 2021 • ( 0 )

  

  A surge in Covid-19 infections in Asian countries has forced imposition of restrictions again resulting in shops going empty again and factories being forced to close down temporarily which has resulted in loss of momentum in the robust economic recovery… Read More ›

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