Britain’s financial technology firm Revolut might be valued at over $40 billion in an upcoming share sale, despite still awaiting a UK banking licence, according to sources familiar with the situation. The
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The U.S. Treasury Department announced on Friday that it received $556.7 million from auctions selling warrants in 11 major U.S. airlines. These warrants were received in exchange for COVID-19 assistance provided to
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For the first time, Donald Trump‘s presidential campaign has more cash in its main account than President Joe Biden’s re-election campaign, as shown by financial disclosures on Thursday. Both sides are building
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British public debt rose to its highest share of the economy since 1961, data showed on Friday, adding to the challenges the incoming government will face after the general election in two
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Siemens (SIEGn.DE) has temporarily halted the delivery of its new fast-speed ICE trains to Deutsche Bahn after detecting defects in some components, the German conglomerate announced on Thursday. A spokesperson for Siemens
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Sales of new battery-electric cars in the European Union dropped 12% in May compared to the previous year, with a notable 30% decrease in Germany, according to data from Europe’s auto industry
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Qualcomm (QCOM.O) has agreed to pay $75 million to settle a lawsuit in which shareholders accused the chipmaker of defrauding them by concealing its anticompetitive sales and licensing practices. The preliminary all-cash
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London stocks experienced a slight decline on Wednesday as investors balanced the news of Britain’s headline inflation hitting the Bank of England’s (BoE) target against a slower-than-expected drop in services price inflation.
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Blackstone (BX.N) has launched a 275.8 billion yen ($1.74 billion) bid to take Japanese digital comic distributor Infocom (4348.T) private, offering a tender price of 6,060 yen per share, Infocom announced on
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Billionaire Warren Buffett‘s Berkshire Hathaway Inc has acquired an additional 2.95 million shares in Occidental Petroleum, increasing its stake in the U.S. oil producer to nearly 29%. According to a regulatory filing
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