Category Archives:
Naomi Osaka-backed Sweetgreen targets up to $2.7 billion valuation in IPO
(Reuters) -Tennis star Naomi Osaka-backed salad chain Sweetgreen Inc said on Tuesday it was seeking a valuation of up to $2.7 billion in its initial public offering in the United States. The Los Angel...
Nov 09, 2021
Brazilian airline Gol reports third quarter loss, expects better Q4
By Gabriel Araujo SAO PAULO (Reuters) - Brazilian airline Gol Linhas Aereas Inteligentes reported on Tuesday a net loss of 884.6 million reais ($160.54 million) for the third quarter as traffic remain...
Nov 09, 2021
Futures muted ahead of inflation data, GE surges
By Shreyashi Sanyal (Reuters) - U.S. stock index futures traded flat on Tuesday in the run-up to the first of a couple of readings on inflation this week, while General Electric surged on its plan to ...
Nov 09, 2021
Palantir reports 36% rise in quarterly revenue
(Reuters) - U.S. data analytics firm Palantir Technologies reported a 36% rise in third-quarter revenue on Tuesday as it landed more government contracts and commercial deals. Revenue rose to $392.15 ...
Nov 09, 2021
D.R. Horton profit jumps as house shortages fuel price surge
(Reuters) - Homebuilder D.R. Horton Inc posted a 65% rise in quarterly profit on Tuesday, benefiting from record-high property prices as demand far outpaced supply that was crippled by raw material an...
Nov 09, 2021
GE to split into three companies; shares jump 15%
(Reuters) - General Electric Co said on Tuesday it was planning to split into three public companies, sending shares of the U.S. conglomerate up 15% in trading before the bell. GE said it would combin...
Nov 09, 2021
BioNTech sees up to 17 billion eur in vaccine revenue this year
FRANKFURT (Reuters) - Germany's BioNTech SE said the COVID-19 vaccine it is developing with partner Pfizer will likely generate up to 17 billion euros ($19.6 billion) in revenues this year, as booster...
Nov 09, 2021
Britain proposes global competitiveness objective for financial regulators
LONDON (Reuters) - Britain proposed on Tuesday to require financial regulators to safeguard the global competitiveness of the financial sector as a formal objective in their work after Brexit. "The go...
Nov 09, 2021
Global banking regulators to move ahead with crypto, climate rules
LONDON (Reuters) - The Basel Committee of banking regulators said on Tuesday it will address climate-related risks and how banks should set aside capital to cover potential losses from cryptoassets. T...
Nov 09, 2021
Analysis-Valuing Argentina’s peso: It could cost the Peronists an election
By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's embattled currency could cost the ruling Peronist party an election - and its key majority in the Senate. The peso, on par with the U.S. dollar two...
Nov 09, 2021
Peoria, IL, USA
43 °F Mist
