News

Luxury conglomerate LVMH Moet Hennessy Louis Vuitton SE is set to expand its partnership with Virgil Abloh with a majority stake in Off-White and the creation of more brands under...

Evergrande Group dipped 16% to hit a 4-year low as creditors successfully demanded the freezing of its assets, according to Yahoo!Finance.  The Group’s electric vehicle unit also sank 19%. Some...

AutoNation, Inc, America’s largest and popular automotive retailer reported significant growth in net income in second quarter 2021 of $385 million compared to $280 million in second quarter of 2020,...

Shares of Sumo Group rose as much as 42% to 509 pence in London trading on news Tencent had bid for full ownership of the British game maker, Bloomberg reports....

Robinhood is set to issue about 55 million shares in an anticipated US listing to raise at least $2.3 billion, according to Reuters. Almost 2.63 million of Robinhood’s shares will...

The recent surge in retail trades has led major funds to pivot and consider other investment opportunities, Bloomberg reported. Several distressed funds have moved to private lending and emerging-market plays,...

Multinational investment firm Bank of America Corp. has given the go signal for select clients to trade Bitcoin futures, CoinDesk reported. Sources close to the matter said the bank has...

Both the Bank of America Corp. and Morgan Stanley are looking into three-part debt sales to join the growing list of American banks that recently borrowed from the bond market,...

American International Group, Inc (AIG) and Blackstone announced a deal for Blackstone to take over a 9.9% equity stake in AIG’’s life & retirement business unit for $2.2billion in cash,...

Streaming giant Netflix Inc. is diversifying its business portfolio as it seeks to enter the video gaming industry, Bloomberg reported. Netflix has tapped Mike Verdu, a former executive of Electronic...

Dogecoin creator Jackson Palmer is now one of the worst cryptocurrency critics after calling them a “sham” to enrich the wealthy, in his Twitter. Palmer says crypto tokens are created...

Ryan Jacobs, who left a track record amid the dot-com crash in the late 1990s is launching an exchange traded fund, according to Bloomberg. The Jacob Forward exchange-traded fund will...