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Warren Buffett’s Net Worth Surpasses $100bn, Forbes Says
US businessman Warren Buffett on Wednesday joined the small circle of executives worth more than $100 billion,…
Mexico’s Congress Approves Landmark Cannabis Bill
Mexico’s lower house of Congress on Wednesday approved a bill that would decriminalize cannabis for recreational,…
Turkey’s Nuclear Power Dilemma
Turkish and Russian officials laid the foundation for the third reactor of Turkey’s first nuclear power plant…
Nokia Signs Patent License Pact With Samsung
Nokia has struck a deal with Samsung to license patents covering its innovations in video standards, the Finnish…
Biden’s $1.9 Trillion COVID-19 Bill Wins Final Approval In House
The U.S. House of Representatives gave final approval on Wednesday to one of the largest economic stimulus measures…
Tesla Raises Price Of Variants Of Model Y, Model 3, Model S
Tesla Inc has increased price of its Model Y Long Range and Model S Plaid plus by $10,000, the electric-car maker’s…
SoftBank-Backed Coupang Raises $4.6 Billion In U.S. IPO
Coupang LLC, South Korea’s largest e-commerce company, raised $4.6 billion in the biggest share offering in the…
Rolls-Royce Plunges To Worse Than Expected $5.6 Billion Loss
British engine-maker Rolls-Royce plunged to a worse than expected 4 billion pound ($5.58 billion) loss in 2020 as…
Asia Stocks Soar As Receding Inflation Worries Bolster Confidence
Asian stocks extended their rebound from a two-month low on Thursday after a report on U.S. consumer prices calmed…
China’s Smartphone Shipments Build On Post-Pandemic Rebound In February
China’s smartphone shipments increased more than threefold in February 2021 from a year ago, government data…
Millions Of Websites Offline After Fire At French Cloud Services Firm
A fire at a French cloud services firm has disrupted millions of websites, knocking out government agencies’…
Investors Bracing For Bank Of Canada To Taper As Decision Looms
The Bank of Canada could soon start pulling back stimulus from the nation’s surprisingly robust economy, with the…
GameStop, Other ‘Meme Stocks’ Soar As Markets Eye Stimulus Boost
GameStop Corp and other so-called meme stocks surged on Wednesday, continuing a rally that has put the video game…
Volkswagen Hikes Battery Cell Demand In EV Expansion Push: sources
Volkswagen requires about 300 gigawatt hours (GWh) worth of battery cells a year by the end of the decade for its…
Huawei Customer United Group Considering Changing Telecom Gear Vendor
Balkan telecoms and media company United Group is considering switching parts or all of the Huawei equipment that…
Reddit Forums Get Behind Roblox Ahead Of Stock Launch
Roblox Corp is set to join the ranks of the so-called “meme stocks” such as GameStop at the center of social…
Hilton Grand Vacations To Buy Diamond Resorts International For About $1.4 Billion
Hilton Grand Vacations Inc said on Wednesday it would buy Diamond Resorts International Inc from funds managed by…
Norway Wealth Fund To Probe Firms That Could Be Using Forced Labour From Xinjiang
Norway’s $1.3 trillion wealth fund will probe whether companies it is invested in may be using the labour of ethnic…
General Electric Reaffirms 2021 Free Cash Flow Outlook
General Electric Co on Wednesday reiterated its forecast to generate $2.5 billion to $4.5 billion in free cash…
U.S. House Set For Final Approval Of $1.9 Trillion COVID-19 Bill In Early Win For…
President Joe Biden is poised on Wednesday for his first major legislative victory when the House of…
Fire Destroys Servers At French Data Company OVHcloud
An overnight fire at French cloud computing company OVHcloud, which this week started the process for a potential…
ITV Shares Fall After Presenter Morgan Leaves Broadcaster
Shares in British broadcaster ITV plc fell on Wednesday with traders attributing at least part of the move to the…
Adidas, Telecoms Help European Stocks Eke Out Gains
Europe’s main index hovered near pre-pandemic highs on Wednesday, as a rise in shares of Adidas after an upbeat…
Dollar Edges Up As U.S. Yields Stabilise
The U.S. dollar rose on Wednesday, clawing back some of its losses sustained overnight, as U.S. yields found a…
Russia Slows Twitter’s Speed Over Failure To Remove Banned Content
Russia’s state communications watchdog said on Wednesday it was restricting the use of Twitter by slowing down its…
Brands Hope To Cash In On Clubhouse Audio App Frenzy
Last month, during a live game show on audio-chat app Clubhouse, tech entrepreneur and investor Noah Lichtenstein…
TSX Opens Higher As Gold Miners Track Bullion Gains
Canada’s main stock index opened higher on Tuesday, led by an over 2% rise in materials stocks, as gold miners…
AerCap Confirms Aircraft-Leasing Business Talks With General Electric
Ireland’s AerCap Holdings NV on Tuesday confirmed ongoing discussions with General Electric Co to acquire its…
Oil Rises To $69 As Focus Returns To Tighter Market
Oil rose to around $69 a barrel on Tuesday as investors focused on prospects for tighter supply due to extended…
U.S. Central Bankers Are Mostly White Men. The Feds Wants To Change That
Over more than a century of the Federal Reserve’s existence, the critical job of controlling the cost of money and…