million

Explainer: How meme stock darling AMC’s new preferred shares work

AMC Entertainment Holdings Inc (AMC.N), the movie theater operator that investors have turned into a meme stock, completed the listing of…

3 years ago

Canada’s Scotiabank profit rises on lending strength in international unit

Bank of Nova Scotia reported third-quarter profit a touch below estimates on Tuesday, but earnings rose from a year earlier…

3 years ago

Korea’s SK invests $100 million in EV-focused startup Atom Power

Korea’s SK Inc (034730.KS) has invested $100 million in North Carolina startup Atom Power, which aims to upgrade the electric vehicle (EV)…

3 years ago

Musk sells Tesla shares worth $6.9 billion, cites chance of forced Twitter deal

Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds…

3 years ago

Italy’s Ali Group sees shelter from economic storm in Welbilt deal

Welbilt's exposure to the U.S. fast-food market will make new Italian owner Ali Group more resilient in a slowing global…

3 years ago

Nasdaq profits top Wall Street views as software services rise

Nasdaq Inc (NDAQ.O) on Wednesday reported quarterly profits that beat Wall Street expectations, as traders turned to the exchange operator's investment-related products…

3 years ago

Global equity funds post third weekly outflow on slowdown fears

Global equity funds faced a third straight week of outflows in the week to July 12 on concerns over the…

3 years ago

Buy now, pay later firm Zip to raise fees amid surging inflation

Australian buy now, pay later company Zip Co Ltd (ZIP.AX) said on Wednesday it would raise fees for customers and merchants, as…

3 years ago

Exclusive: Indian skincare startup Mamaearth eyes $3 billion valuation in 2023 IPO

Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next…

3 years ago

Siemens to leave Russia due to Ukraine war, take hefty charge

Siemens (SIEGn.DE) will quit the Russian market due to the war in Ukraine, it said on Thursday, taking a 600 million euro…

4 years ago