News

Chinese property giant Evergrande Group will not be able to meet loan interest payments due on September 20 raising risks for the financial system of the world’s second-biggest economy, Reuters...

Chevron Corp. is stepping up spending in its new low-carbon unit, which CEO Mike Wirth sees as a viable business, according to a report by The Wall Street Journal on...

Financial software firm Intuit Inc. will purchase marketing platform Mailchimp for $12 billion to mark its biggest deal yet, the WSJ reported. The cash-and-stock deal will be funded through cash...

Global brokerage firm Interactive Brokers Group (IBKR) has collaborated with the Paxos to commence cryptocurrency trading, according to a report by Businesswire on Monday. Depending on Paxos partnership, IBKR will...

At least three non-fungible tokens were minted on Cardano after the platform’s shift to the Alonzo upgrade with smart contracts capability, according to a report. Haskell programming language expert Kevin...

China expanded its regulatory crackdown on technology giants with a fresh order for them to halt blocking links of competitors under еру threat of sanctions, Reuters reported. The Ministry of...

Global investment manager VanEck on Friday launched its sustainability-focused exchange-traded fund in a bid to cash in on the growing demand for environmentally-linked assets, Bloomberg reported. The VanEck HIP Sustainable...

The government of El Salvador stated that foreign investors will be exempt from taxes on bitcoin profits, according to a report by BeinCrypto on Monday. A government adviser revealed the...

Financial giant Morgan Stanley’s surpassed its $3-billion target in its latest fundraising for its new vehicle focused on real estate bets across the globe, Bloomberg reported. Morgan Stanley raised $3.1...

Athletic apparel retailer Lululemon Athletica Inc. hiked its earnings guidance for the year after its bottom line more than doubled in the second quarter, the company announced in a filing....

American video game retailer GameStop Corp. reported lower losses in the second quarter, but shares of the company sank in extended trading on Wednesday. Net loss improved to $61.6 million...

Bill Gates’s Cascade Investment LLC is set to own a majority stake in Four Seasons Holding Co. by acquiring part of Saudi Prince Alwaleed bin Talal’s holdings in the hospitality...