Category Archives:
E-commerce tech startup Rokt valued at $1.95 billion in latest funding
(Reuters) - E-commerce technology startup Rokt said on Thursday it has raised $325 million in fresh capital in a late stage funding round led by Tiger Global that more than doubled the company's valua...
Dec 16, 2021
‘Black Swan’ hedge fund sees lower returns from risk capital
By Aaron Saldanha and Divya Chowdhury (Reuters) - "Black Swan" hedge fund Universa Investments expects lower returns from risk capital including equity markets over the next few years due to frothy va...
Dec 16, 2021
TEXT-Lagarde’s statement after ECB policy meeting
(Reuters) - Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: Link to statement on ECB website: https://www.ecb.europa...
Dec 16, 2021
Pandemic have-a-go investors force shake-up in UK wealth market
By Iain Withers and Carolyn Cohn LONDON (Reuters) - The explosion in DIY investing since the start of the pandemic has led to a scramble among Britain's more traditional asset managers and banks to bu...
Dec 16, 2021
Adidas launches new share buyback
BERLIN (Reuters) - Adidas plans to buy back up to 4 billion euros ($4.54 billion) of its shares by 2025 and will also return the majority of the cash proceeds from the sale of Reebok, it said on Thurs...
Dec 16, 2021
Lagarde comments at ECB press conference
FRANKFURT, Dec 16 (Reuters) - The European Central Bank cut support for the euro zone economy by another notch on Thursday but promised copious support for 2022, confirming its relaxed view on inflati...
Dec 16, 2021
Communications platform Dialpad valued at $2.2 billion after ICONIQ Capital-led funding
(Reuters) - Cloud communications platform Dialpad Inc has raised fresh funds at a $2.2 billion valuation in a funding round led by investment firm ICONIQ Capital, riding on a boom in dealmaking in the...
Dec 16, 2021
McDonald’s settles lawsuit with ex-CEO Easterbrook over alleged lies about affairs
(Reuters) - McDonald's Corp said on Thursday it had reached a settlement with former chief Steve Easterbrook, resolving a lawsuit in which the burger chain had claimed that he covered up and lied abou...
Dec 16, 2021
Motional partners with Uber to provide autonomous food deliveries in California
By Tina Bellon (Reuters) - Motional, the self-driving joint venture of Hyundai Motor Co and Aptiv PLC, on Thursday said it was entering the autonomous delivery market by providing meal kits for some C...
Dec 16, 2021
Analysis-Colombian conglomerate GEA could be cornered by hostile Gilinski
By Nelson Bocanegra BOGOTA (Reuters) - Colombia's largest conglomerate, Grupo Empresarial Antioqueno (GEA), has limited options and little time to fight off hostile offers for stakes in some of its ke...
Dec 16, 2021
Peoria, IL, USA
43 °F Overcast
