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June 11, 2021

Giant

Ride-hailing giant Didi wants to be more than just the Uber of China

CNBC
CNBC – For more and to sign up click here A user opens the Didi Chuxing ride-hailing smartphone app in Shanghai, China, on Sept. 18, 2020. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s version of Uber, Didi Chuxing, is trying to use car travel as a way......

Chinese ride-sharing giant Didi files to go public, earned a small profit last quarter on $6.4 billion in revenue

CNBC
CNBC – For more and to sign up click here A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China’s eastern Zhejiang province. STR | AFP | Getty Images Chinese ride-hailing giant Didi Chuxing on Thursday filed to go public in what could be one......

U.S. tech giant shares unmoved on G7 tax deal

Reuters
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo Shares in U.S. technology giants were flat to slightly lower in premarket trading, little changed by the landmark global minimum corporate tax dealagreed between the world’s richest nations. The Group of Seven (G7) advanced economies agreed......

Richard Robinson, longtime CEO of children’s publishing giant Scholastic, has died at 84

CBS News
CBS News – For more and to sign up click here Richard Robinson, who as the longtime head of Scholastic Inc. presided over such bestsellers as J.K. Rowling’s “Harry Potter” novels and Suzanne Collins’ “The Hunger Games” series along with a wide range of educational materials, reading clubs and book......

The little engine that could, and the oil giant that couldn’t

Reuters
Last December, when a week-old hedge fund named Engine No. 1 challenged Exxon Mobil to change its ways, laughter echoed through Wall Street circles, from the fund’s name that recalled a famous children’s book to its tiny, then-$40 million stake in what was once the world’s largest publicly traded company.......

Dutch court rules oil giant Shell must cut carbon emissions by 45% by 2030 in landmark case

CNBC
CNBC – For more and to sign up click here A cyclist passes oil silos at the Royal Dutch Shell Pernis refinery in Rotterdam, Netherlands, on Tuesday, April 27, 2021. Peter Boer | Bloomberg | Getty Images LONDON — A Dutch court on Wednesday ruled oil giant Royal Dutch Shell......

Giant Confederate leaders carving to stay intact, for now, at Georgia’s Stone Mountain

CBS News
CBS News – For more and to sign up click here The board overseeing a mountain park near Atlanta that has a giant carving of Confederate leaders voted Monday to relocate Confederate flags from a busy walking trail and create a museum exhibit that acknowledges the site’s connection to the......

Stock index giant MSCI to start tracking Alibaba’s Hong Kong shares instead of U.S. shares

CNBC
CNBC – For more and to sign up click here Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters BEIJING — Stock index giant MSCI said Wednesday it is removing the U.S.-listed shares of Alibaba from......

Giant tunnelling machine starts work on HS2

BBC
https://www.bbc.co.uk/news/uk-57093884 The largest tunnelling machine ever used on a UK rail project is officially starting work. Florence – named after Florence Nightingale – will spend the next three-and-a-half years cutting through the chalk beneath the Chiltern hills in Buckinghamshire. The tunnel will form part of controversial high-speed rail project HS2’s......

Florida Fisherman Chased By Giant Alligator In Terrifying Encounter Caught On Video

TMZ
Play video content ViralHog A Florida fisherman is lucky to be alive today … ’cause the guy was nearly attacked by a giant alligator during an outing in the Everglades last weekend — and the terrifying scene was all caught on video!! The drama unfolded on Saturday — when 22-year-old......

Chinese smartphone giant Xiaomi shares rally over 6% after U.S. agrees to remove it from blacklist

CNBC
CNBC – For more and to sign up click here Xiaomi’s headquarters in the Xuhui District of Shanghai. Costfoto | Barcroft Media | Getty Images GUANGZHOU, China — The U.S. has agreed to remove Xiaomi from a blacklist that would have barred Americans from investing in the Chinese smartphone maker.......

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