News

Eight banks, which were not allowed to sell syndicated debt sales, got the greenlight to take part in future bond issues, according to a report by Reuters on Friday. JP...

Michael Burry of "The Big Short" fame took to Twitter on Thursday to warn of a looming crash of cryptocurrencies, Insider reported. Burry in a series of tweets said he...

British retailer Tesco PLC. posted a sharp decline in sales growth for the first quarter as customers headed out to dine in establishments, Reuters reported. Like-for-like sales excluding taxes climbed...

Diversified conglomerate Danaher Corp. on Thursday said it has inked a $9.6-billion purchase agreement for biotech firm Aldevron. Danaher will pay in cash, funded internally through cash on hand and...

Baidu partners with BAIC Group, a state-owned manufacturing firm to design and build 1,000 driverless cars in three years, according to a report by CNBC News on Thursday. Baidu has...

Billionaire investor Gautam Adani’s personal fortunes shrank by about $9 billion following questions about three of his offshore accounts, according to Bloomberg. Media reports on Monday said that Indian authorities...

Asset management firm Ark Invest snatched $42 million worth of shares of sports betting operator DraftKings Inc. on Tuesday, MarketWatch reported. The transactions were made through the ARK Innovation ETF...

Indonesia’s central bank will not allow digital currencies as a form of payment, according to Beincrypto. Central Bank Governor Perry Warjiyo said cryptos would not be permitted for “other financial...

New York manufacturing posted a drop for the second straight month in June, according to data released by the regional Fed bank on Tuesday. The general business conditions index slipped...

Spending by US consumers fell by 1.3% in May as shoppers shifted from pandemic-led goods to services, according to WSJ. On-demand goods such as electronics, furniture, autos, and building materials...

Shares of movie chain operator AMC Entertainment Holdings Inc. climbed another 15% on Tuesday as retail investors jumped on #AMCDay, according to MarketWatch. AMC stocks surged 15.4% to close Monday...

On 6th June, bitcoin shorts increased significantly as the price of bitcoin recorded some recovery from $32,000 to $35,000, according to the data reported by Trustnodes on Monday. Bitfinex noted...