The standoff between UAE and Saudi Arabi has kept the oil price floating around $75. Any failure to reach a deal could potentially shoot the oil price resulting in major inflation and derailing the efforts of economic recovery.
The UK-based bank is involved in a mutual conversation with SoftBank over an investment that has been valued at US$ 30 billion.
The total employment level, however, remains 7.13 million below where it was in February 2020.
In its IPO prospectus, Didi revealed that it had met with regulators and could be subject to penalties should regulators not be impressed by the inspection.
Shares of Virgin Galactic (SPCE) climbed about 28.50% during pre-market trading after the announcement and reached the level of $55.50.
Drawing on its growth over the years, Robinhood noted in its prospectus that many new traders choose to pitch tents with the trading platform for the first time.
Cramer shares his views on the recent Federal Court ruling against the FTC on Facebook’s power consolidation in the social media space. Besides, he’s bullish on small businesses to support the economic recovery in the US.
Positive news surrounding COVID-19, the discovery of a vaccine, lockdown reopenings all played a big part in fueling the growth on Wall Street in 2021.
The Tesla car caught on fire came just days before the Palo Alto, California-based company is billed to release key numbers for its car deliveries.
SentinelOne chief executive explained that compared to the competition, his company has a higher win rate than any of them.
Besides China, Didi has a presence in about 14 countries, including Brazil and Mexico and the new liquidity raise will be used to power growth into new markets to compete globally.
In a major move that helps the developer community, Shopify has introduced less commission on developer revenue for both the App Store and the Theme Store. Check out some other updates announced at the Shopify Unite 2021 Conference.
Moderna’s mRNA vaccine has shown strong results with the delta, beta, and eta COVID-19 variants which have been the cause of concern over the last few months. The US pharma giant also secured emergency approval from the Government of India to use its vaccine for authorized purposes.
Ding Dong CEO Liang Changlin commented that he plans to utilize the proceedings gained in the IPO for expanding his company’s business operations
The public debut of Didi is the largest of a Chinese company since Alibaba Group raised $25 billion back in 2014