LiveGameStop Shares Drop 60% as Frenzied Rally Loses Steam
GameStop shares plunged 60 per cent Tuesday in a further reversal of the recent blockbuster gains that grabbed people’s attention far beyond Wall Street. The video...
Category : WORLD
Alibaba Plans $5 Bn US-Dollar Bond Issuance
Chinese e-commerce giant Alibaba Group Holding Ltd plans to raise up to $5 billion through the sale of a U.S. dollar-denominated bond, according to a marketing term...
Amazon Ratchets up Anti-Union Pressure on Workers in Alabama
Amazon Inc. has unleashed a public-relations campaign at its warehouse in Bessemer, Alabama, hoping to persuade more than 5,800 workers to reject the Retail, Wholesale, and...
Retail Darlings Dented as Reddit Group Briefly Shuts Doors
A slugfest between Wall Street and Main Street took an unexpected turn late on Wednesday after moderators of a stock trading forum that has helped...
$10 Mn Pay-Cut for Goldman Sachs CEO David Solomon
Goldman Sachs cut its CEO David Solomon’s 2020 salary by $10 million to $17.5 million because of the bank’s role in the 1MDB Malaysian bribery scandal,...
New Zealand Likely to Keep Borders Shut: PM Ardern
New Zealand’s borders are likely to remain closed for most of the year depending on the progress in the vaccination campaign against the coronavirus, Prime...
WEF’s Davos Summit Begins; Modi to Address on Thursday
The World Economic Forum’s online Davos Agenda Summit began on Sunday night with the premiere of a concert filmed during the coronavirus pandemic in different...
Bitcoin Drops Below $30,000 Level as Head-Turning Rally Stalls
Bitcoin fell below $30,000 as it continues to retreat from the record highs reached during a furious rally over the past two months. The world’s...
Elon Musk to Give $100 Million for Carbon Capture Prize
Elon Musk said he plans to donate $100 million toward a prize for the best carbon capture technology, weeks after he became the world’s richest person....
Valuation of Ant Group Drops to $108 Bn on Crackdown
Ant Group Co.’s valuation may be cut further under new measures proposed by China to curb market concentration in its online payments market, according to Bloomberg...