Launching small satellites is a lucrative business and the market is slated to boom in the next 10 years. New Zealand and Los Angeles-based startup, Rocket Lab, has just completed a series D round of financing of $75 million…. Read More ›
investors
Ether’s rise largely led to the fall in prices of bitcoins
Ether is a new cryptocurrency which has nearly tripled its value. Although Bitcoin suffered its biggest ever fall since early 2015, with investors selling the crypto currency on worries about its future, it quickly regained its composure. Having touched… Read More ›
Rex Wayne Tillerson used alias account to discuss Exxon’s impact on climate change
Exxon Mobil failed to disclose Rex Wayne Tillerson’s usage of an alias e-mail address for relevant communication at Exxon Mobil. Eric Schneiderman, NY Attorney General has disclosed, Rex Wayne Tillerson the former chairman and chief executive of Exxon Mobil Corp… Read More ›
Likelihood of SEC approving U.S ETF high
Although many investors have are hoping that the SEC will approve the creation of the United States’ first bitcoin exchange-traded fund, a few cautious ones, such as Michael Venuto, chief investment officer at Toroso Investments prefer to avoid the volatility… Read More ›
SoftBank could potentially invest ~$4 billion in WeWork
WeWork continues to raise capital ahead of its planned listing. After this deal, the company will be valued at more than $20 billion. CNBC has reported today, that SoftBank Group Corp is all set to sink in $3 billion into… Read More ›
U.S. eyeing Britain’s market with a quick deal after Brexit
After Brexit with a disconnected Britain peering for a major trading partner, Donald Trump aims to fill that void with U.S. manufactured goods. U.S. President-elect Donald Trump has shot off yet salvo, saying ultimately Brexit will turn out to be… Read More ›
Scotland prefers to remain within the EU
On Tuesday the Scottish government will examine various proposals on how it can remain within the EU. These proposals could potentially deliver a body blow to the UK’s posturing of a united front. In the coming week, Scotland is set… Read More ›
Thomson Reuters Lipper data shows $4.1 billion pulled from taxable mutual bond funds in the U.S.
The data captures market sentiments from across a broad spectrum of industries and political happenings and provide an insight into investor sentiments. As per last week’s Lipper data, investors have pulled $4.1 billion from U.S.-based taxable-bond mutual funds. The bond… Read More ›
Cohen settles class-action lawsuit with a $135 million settlement
The class-action lawsuit had alleged loss of money to investors due to insider trading by Cohen’s hedge fund. Steven A. Cohen, a billionaire who used to formerly run SAC Capital Advisors LP, a hedge fund has now decided to settle… Read More ›
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