Business - Page 107

The U.S. Treasury Department announced on Friday it received $556.7 million from auctions selling warrants in 11 major U.S. airlines. These warrants were given to the government in exchange for COVID-19 assistance

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

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

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

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

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

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

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