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October 22, 2021

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Japan e-commerce giant Rakuten to list online bank

Reuters
The logo of Rakuten is pictured at the headquarters of Rakuten in Tokyo, Japan, May 15, 2019. REUTERS/Sam Nussey/File Photo TOKYO, Sept 30 (Reuters) – Japanese e-commerce firm Rakuten Group Inc (4755.T) said on Thursday it is preparing to list its online banking unit, raising funds as it soaks up......

Pandemic recovery fuels deal craze as third-quarter M&A breaks all records

Reuters
Global M&A hits all-time peak of $1.52 trillion in Q3 Cheap financing drives desire for transformative deals Volumes double in Europe driven by private-equity buyouts U.S. activity up 32% to $581 billion, Asia Pacific up 21% Frantic dealmaking surpasses all full-year records LONDON, Sept 30 (Reuters) – Global mergers and......

Amplitude valued at $5 bln after shares jump in Nasdaq debut

Reuters
Sept 28 (Reuters) – Shares of Amplitude Inc (AMPL.O) opened nearly 43% above their reference price in their Nasdaq debut on Tuesday, notching up a valuation of about $5 billion for the Benchmark-backed analytics company. San Francisco-based Amplitude, which confidentially filed for a direct listing in July, was valued at......

Sanofi ditches mRNA COVID-19 vaccine after rivals’ success

Reuters
To focus on more conventional COVID-19 vaccine with GSK To pursue mRNA technology in influenza, other vaccines Started testing mRNA flu shot in humans in June PARIS, Sept 28 (Reuters) – Sanofi (SASY.PA) is dropping plans for its own mRNA-based COVID-19 vaccine because of the dominance achieved by BioNTech-Pfizer and......

EV maker Polestar strikes $20-bln deal with Gores Guggenheim SPAC

Reuters
Sept 27 (Reuters) – Swedish electric-car maker Polestar said on Monday it will go public by merging with a U.S.-listed blank-check firm backed by billionaire Alec Gores and investment bank Guggenheim Partners at an enterprise value of $20 billion. The deal with Gores Guggenheim (GGPI.O) will provide Polestar cash proceeds......

Daimler expands European battery network with 33% stake in ACC venture

Reuters
Mercedes logo in Stuttgart, Germany, February 11, 2020. REUTERS/Andreas Gebert/File Photo Daimler to take 33% stake in battery venture ACC will begin supplying Daimler from mid-decade Daimler to invest up to 1 billion euros CEO Kallenius: “Our focus is on Europe” BERLIN, Sept 24 (Reuters) – Daimler’s (DAIGn.DE) Mercedes-Benz said......

Carlyle CEO says firm is committed to China

Reuters
NEW YORK, Sept 22 (Reuters) – Carlyle Group Inc (CG.O) Chief Executive Kewsong Lee said on Wednesday that the U.S. private equity firm will remain a long-term investor in China despite “bumps” that have unnerved some investors. Beijing authorities have rolled out restrictions in the last few weeks on companies,......

SoftBank backs Steven Mnuchin’s $2.5 bln private equity fund

Reuters
U.S. Treasury Secretary Steven Mnuchin speaks during a House Financial Services Committee hearing in Washington, December 2, 2020. Greg Nash/Pool via REUTERS/File Photo Sept 22 (Reuters) – SoftBank Group (9984.T) will invest in a $2.5 billion private equity fund set up by former U.S. Treasury secretary Steven Mnuchin, the Japanese......

Investors tune in as Universal leaps on market debut

Reuters
Shares surge almost 40% in early trade Biggest European listing of the year Listing is a coup for Amsterdam exchange AMSTERDAM, Sept 21 (Reuters) – Universal Music Group’s (UMG.AS) shares leapt more than a third in their stock market debut on Tuesday as investors bet a boom in music streaming......

SoftBank renews bet on Latin America with $3 bln fund

Reuters
SoftBank Corp’s logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo SAO PAULO, Sept 14 (Reuters) – SoftBank Group Corp (9984.T) on Tuesday launched a $3 billion fund to invest in technology companies in Latin America in a bid to build on the......

TurboTax maker Intuit to buy Mailchimp for about $12 bln in a data play

Reuters
An Intuit office is shown in San Diego, California August 21, 2015. REUTERS/Mike Blake Sept 13 (Reuters) – Intuit Inc (INTU.O), known for its small-business accounting and DIY tax-filing software, said on Monday it will acquire digital marketing company Mailchimp for about $12 billion in a cash-and-stock deal. The deal,......

U.S. carrier Breeze confirms buying 20 more Airbus A220 jets

Reuters
David Neeleman, founder of Azul SA, attends an event to mark the service launch of its new E2-195 planes with Brazil’s No. 3 airline Azul SA in Sao Jose dos Campos, Brazil September 12, 2019. REUTERS/Roosevelt Cassio/File Photo WASHINGTON, Sept 13 (Reuters) – Breeze Airways, the new U.S. carrier founded......

Dubai’s Aramex splits core businesses as part of reshuffle

Reuters
A delivery staff member wearing a protective mask prepares parcels in Aramex office amid the coronavirus disease (COVID-19) crisis, in Bethlehem in the Israeli-occupied West Bank July 19, 2020. REUTERS/Mussa Qawasma DUBAI, Sept 7 (Reuters) – Dubai-listed courier Aramex (ARMX.DU) said on Tuesday it had split its core businesses as......

MORNING BID Currencies at a crossroad – Reuters

Reuters
MORNING BID Currencies at a crossroad Reuters Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...

Marketmind: Just a little bit longer

Reuters
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany August 25, 2021. REUTERS/Staff A look at the day ahead from Julien Ponthus. A consensual takeaway from Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Symposium is that investors will be able......

Yemen gets first batch of J&J COVID-19 vaccines

Reuters
The Johnson & Johnson coronavirus disease (COVID-19) vaccine is seen at the OSU Wexner Medical Center in Columbus, Ohio, U.S. March 2, 2021. REUTERS/Gaelen Morse ADEN, Aug 29 (Reuters) – Yemen received its first shipment of COVID-19 vaccines made by Johnson & Johnson (JNJ.N) on Sunday, roughly 151,000 doses, the......

Salesforce rival Freshworks reveals revenue surge in IPO filing

Reuters
A man types into a keyboard during a convention in Las Vegas, Nevada, U.S. on July 29, 2017. REUTERS/Steve Marcus/File Photo Aug 27 (Reuters) – Business and customer engagement software company Freshworks Inc on Friday made public its filing for an initial public offering in the United States, reporting a......

German publisher Axel Springer to acquire U.S. news website Politico

Reuters
Aug 26 (Reuters) – Axel Springer said on Thursday it will acquire U.S political news website Politico, as the German publisher stitches together a global network of digital news operations. The companies did not disclose the terms of the deal, but the New York Times reported last week that Politico......

Forbes to go public via $630 mln SPAC merger

Reuters
The logo of Forbes magazine is seen on a board at the St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017. REUTERS/Sergei Karpukhin/File Photo Aug 26 (Reuters) – The publisher of Forbes magazine will go public through a merger with a blank-check firm in......

Mystery of space inspired New Zealand rocket man’s journey to Nasdaq

Reuters
Rocket Lab CEO Peter Beck poses alongside a Rutherford rocket engine in Auckland, New Zealand, October 20, 2015. Picture taken October 20, 2015. REUTERS/Nigel Marple WELLINGTON, Aug 26 (Reuters) – New Zealand entrepreneur Peter Beck said his space firm Rocket Lab (RKLB.O) was the result of a lifelong quest for......

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