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April 15, 2021

Raises

Indonesian e-commerce firm Bukalapak raises $234 million: document

Reuters
SINGAPORE (Reuters) – Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters. The latest funding round comes amid a frenzy of interest from global investors......

Indonesian e-commerce firm Bukalapak raises $234 million: document

Reuters
SINGAPORE (Reuters) – Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters. The latest funding round comes amid a frenzy of interest from global investors......

Indonesian e-commerce firm Bukalapak raises $234 million: document

Reuters
SINGAPORE (Reuters) – Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters. The latest funding round comes amid a frenzy of interest from global investors......

P&G raises quarterly dividend by 10%

Reuters
FILE PHOTO: The logo for Procter & Gamble Co. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid (Reuters) – Procter & Gamble Co raised its quarterly dividend by 10% on Tuesday to $0.8698 per......

NRSC raises $8.3M in March to cap $23M quarter

Politico
Politico.com – For more and to sign up click here There had been some concerns about Republicans’ fundraising this year after the losses in the two Georgia runoffs and Scott’s vote, along with other senators, against certifying Pennsylvania’s Electoral College votes. The Democratic Senatorial Campaign Committee has not yet released......

OPEC raises 2021 oil demand growth forecast on hope pandemic wanes

Reuters
LONDON (Reuters) -OPEC on Tuesday raised its forecast for growth in world oil demand this year on expectations the pandemic will subside, providing help for the group and its allies in their efforts to support the market. FILE PHOTO: A 3D-printed oil pump jack is seen in front of displayed......

American Rescue Plan funding raises questions about Georgia schools’ reopening plans

WashingtonExaminer
USA TODAY – For more and to sign up click here Georgia K-12 schools are receiving billions of dollars in federal aid through the American Rescue Plan Act, but some policy analysts wonder why certain schools had to wait for the incentive to reopen their doors. Local Education Agencies (LEAs)......

John McCain raises doubts about Ted Cruz’s citizenship

CBS News
CBS News – For more and to sign up click here John McCain raises doubts about Ted Cruz’s citizenship – CBS News Watch CBSN Live During a radio interview Wednesday, former GOP presidential nominee John McCain said he was not sure if 2016 Republican hopeful Ted Cruz was eligible to......

Pennsylvania’s Democratic Senate race raises simmering divisions inside the party

CNN
USA TODAY – For more and to sign up click here Following President Joe Biden’s victory last November — and his early success in coalescing Democratic lawmakers behind his agenda — overlapping questions of representation and ideology are simmering again in Pennsylvania as the Senate primary field grows. Though progressive......

Analysis: Russian military buildup raises stakes as fighting in Ukraine intensifies

Reuters
MOSCOW/KYIV/WASHINGTON (Reuters) – Dozens of troop carriers and missile launchers sit on flatbed wagons lining up along tracks running through southern Russia, in a region bordering Ukraine. A still image from video shows tanks and military vehicles in Maslovka, Voronezh Region, Russia April 6, 2021. Video taken April 6, 2021.......

Covid-19 raises risk of depression and dementia, study suggests

BBC
Prof Dame Til Wykes, at the Institute of Psychiatry, Psychology and Neuroscience, King’s College London, said: “The study confirms our suspicions that a Covid-19 diagnosis is not just related to respiratory symptoms, it is also related to psychiatric and neurological problems. BBC – For more and to sign up click......

IMF raises its growth forecast for UK economy after 2020 crash

Reuters
LONDON (Reuters) – The International Monetary Fund raised its forecast for British economic growth, which is set to outpace the euro zone this year after its slump in 2020 but is unlikely to regain its pre-pandemic size until some time in 2022. FILE PHOTO: The International Monetary Fund (IMF) logo......

Produce Industry Specialist Explains Why People Who Buy Ugly Food Enrage Her, Raises A Lot Of Interesting Points

IA
Approximately 72 billion pounds of food is wasted annually in the US—from every point in the food production cycle. In an attempt to lower this number, a new crop of companies has emerged over the last couple of years. Companies that are on a mission to get people to eat......

Morgan Stanley and Goldman Sachs’ roles in volatility of ViacomCBS raises questions

CNBC
CNBC – For more and to sign up click here Morgan Stanley and Goldman Sachs, two of the firms at the center of the Archegos Capital Management unwinding, played a variety of roles before, during and after the margin call. That is raising questions about whether the firms should have......

Frontier Airlines raises $570 million in IPO, starts trading today

CNBC
CNBC – For more and to sign up click here Frontier Airlines Airbus A320 takes off from Los Angeles international Airport on August 27, 2020 in Los Angeles, California. AaronP | Bauer-Griffin | GC Images | Getty Images Frontier Airlines’ parent company said it raised $570 million in an initial......

As Wall Street reels, Archegos’ fire sale raises big questions about regulation

CNBC
CNBC – For more and to sign up click here American flags hang from the facade of the New York Stock Exchange (NYSE) building in New York January 28, 2021. Mike Segar | Reuters The diverging fortunes of major banks in the fallout from the Archegos Capital Management meltdown raises......

The company behind N.B.A. Top Shot, a viral NFT trend, raises $305 million.

New York Times
Here’s what you need to know: The I.R.S. said it had begun a “multi-step process” to check the eligibility for beneficiaries of stimulus payments and calculate their payments.Credit…Eric Gay/Associated Press Some of the most vulnerable Americans still haven’t gotten their stimulus checks, but millions of them who receive federal benefits......

China’s Sinopec raises 2021 capital expenditure by 23.8%

Reuters
BEIJING (Reuters) – China Petroleum & Chemical Corp, better known as Sinopec, plans a 23.8% increase in capital spending to 167.2 billion yuan in 2021 following recovery of oil prices and energy demand as the COVID-19 epidemic subsided. Sinopec expects to spend 66.8 billion yuan on upstream exploration focusing on......

Amazon union battle raises stakes for Biden’s sweeping labor revival

Politico
Politico.com – For more and to sign up click here If the push in red-state Alabama is successful, it could galvanize more organizing efforts at Amazon and other large retailers across the country. If it fails, it could become a lightning rod for Democrats’ efforts to push through one of......

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