business

Global equities edge higher on hopes of U.S. jobs data

Global equities markets firmed on Wednesday ahead of key U.S. economic data due later in the week as investors weighed…

4 years ago

EXCLUSIVE SoftBank tech fund in talks to invest in Dubai cloud kitchen Kitopi-sources

SoftBank Group Corp (9984.T) is in talks to invest in Dubai "cloud kitchen" Kitopi's latest funding round through its second…

4 years ago

Etsy eyes Gen-Z shoppers with $1.63 bln deal for fashion reseller Depop

Etsy Inc (ETSY.O) said on Wednesday it would buy Generation-Z focused fashion resale company Depop for $1.63 billion, seeking to…

4 years ago

Climate change risks will affect U.S. bank capital in long-run – official

U.S. regulators will "eventually" have to factor climate change risks into bank capital rules, but it is still too soon…

4 years ago

Germany may take part in Lufthansa capital increase – report

Germany is leaning towards participating in a planned 3 billion euro capital increase at Lufthansa (LHAG.DE) to limit a dilution…

4 years ago

Wall St set to open higher ahead of key economic data this week

The latest leg of a surge in so-called "meme stocks" stood out in early moves on Wall Street on Wednesday,…

4 years ago

StanChart unit to launch cryptocurrency trading platform

A Standard Chartered PLC (STAN.L) unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe, targeting…

4 years ago

Saudi Aramco in talks with banks for new bond sale – sources

Saudi Arabian oil group Aramco (2222.SE) is in talks with banks for a U.S. dollar-denominated bond issue, two sources said,…

4 years ago

As unpredictable Games looms, Japan’s sponsors struggle to adapt

With less than two months left until the start of the Tokyo Olympic Games, Japan’s Asahi Breweries still doesn’t know…

4 years ago

Tesla to buy more than $1 bln of Australian battery minerals a year

Tesla (TSLA.O) said it expects to spend more than $1 billion a year on battery raw materials from Australia given…

4 years ago