China’s Ministry of Foreign Affairs announced sanctions on U.K. entities in response to similar action by Britain over alleged human rights abuses in Xinjiang.
Kategorie-Archiv: CNBC Financial News
SoFi to give amateur investors early access to IPOs in break from Wall Street tradition
Online finance start-up SoFi is lowering the barrier for amateur investors to buy shares of companies as they goes public.
Victoria’s Secret-owner L Brands shares jump on raised profit outlook, thanks to stimulus boost
Victoria’s Secret-owner L Brands raised its profit outlook for the first quarter, citing a boost from government stimulus.
Rocket builder ABL raises $170 million from T. Rowe, Fidelity to become the latest space unicorn
Rocket builder ABL Space closed a $170 million round of funding from new investors T. Rowe Price and Fidelity Management, at a valuation of $1.3 billion.
Credit Suisse is giving junior bankers special $20,000 bonuses, raises after Goldman analyst revolt
The move is Wall Street’s latest attempt to address concerns that junior bankers are overworked and underappreciated during a surge in capital markets activity.
Fidelity to launch bitcoin ETF as investment giant builds its digital asset business
Fidelity is preparing to launch its own bitcoin fund as the investment giant works to cement its clout in the market for digital assets.
Satellite imagery shows mega container ship blocking Egypt’s Suez Canal
Satellite imagery gives another perspective on the developing situation in Egypt’s Suez Canal, where a mega container ship was turned sideways and became stuck.
Powell praises economic recovery and sees Fed pulling back help after ’substantial‘ progress
At some point, that will allow the central bank to dial back the help it has provided, though Powell said now is not that time.
UK start-up funding platforms scrap $190 million merger amid competition concerns
British start-up crowdfunding platforms Crowdcube and Seedrs have terminated their merger after regulators raised competition concerns with the deal.
Stocks making the biggest moves in the premarket: Rite Aid, Coherent, RH, Nike & more
The stocks making the biggest moves in premarket trading include Rite Aid, Coherent, RH, Nike, and more.