Financial Markets

GitLab Raises $800m In Successful Initial Public Offering

After a successful public debut that raised hundreds of millions of dollars, coding platform GitLab is now valued at an…

3 years ago

World Leaders Agree Corporation Tax Rate

Tax loophole finally closed? After years of talks, threats and tariffs, world leaders reach an historic agreement of 15 percent…

3 years ago

Tesla Moves Headquarters From California To Texas

Elon Musk follows through on his warning, after clashing repeatedly with Californian officials last year, and moves Tesla's corporate headquarters…

3 years ago

Freshworks Valued At $12.2 Billion After Nasdaq IPO

Business software provider Freshworks, which seeks to challenge Salesforce in the CRM space, enjoys successful Nasdaq debut

3 years ago

Boris Johnson Talks Tax With Amazon’s Jeff Bezos

Downing Street confirms British Prime Minister discussed the issue of taxation during meeting with Jeff Bezos in New York

3 years ago

GitLab Files For Initial Public Offering After $6bn Valuation

Software development platform maker GitLab files for public offering on Nasdaq after January secondary share sale that valued it at…

3 years ago

UK Government Holds Stakes In 158 Start-ups

British Business Bank which runs the Government's 'Future Fund' has provided funding of $1.1 billion and holds stakes in 158…

3 years ago

BT Takeover Speculation Rises After Deutsche Telekom Comments

Comments made by the CEO of Deutsche Telekom, prompts renewed speculation of German telecoms giant intentions towards the UK's BT

3 years ago

US Regulator ‘Investigating’ Crypto Exchange Developer Uniswap Labs

US Securities and Exchange Commission reportedly launches probe into Uniswap Labs, developer of world's biggest decentralised finance platform

3 years ago

Amazon-Backed Electric Car Maker Rivian Files For IPO

Amazon-backed electric car start-up Rivian files for IPO, weeks ahead of delayed plans to deliver first pick-up trucks to customers

3 years ago

Tim Cook Lands $750m Bonanza In Share Award

CEO Tim Cook is awarded more than three quarters of a billion dollars in Apple shares after ten years in…

3 years ago

Amazon Online Sales Growth Slows Amid Lockdown Easing

Growth for online shopping at Amazon settles down to more normal levels after the pandemic boost, but AWS continues to…

3 years ago

Facebook Warns Of ‘Significant’ Slowdown In Growth

Social networking giant Facebook records fastest growth since 2016, but warns annual revenue growth will slow “significantly”

3 years ago

Microsoft Thrives Thanks To Azure Growth

Software giant posts record results, as certain business segments (Azure) thrive during Coronavirus pandemic, but others struggle

3 years ago

Apple Posts Record Breaking Profit, But Warns Of Chip Shortage

Apple's earnings juggernaut continues, as strong sales of iPhones continues to drive up profits, but chip shortage looms

3 years ago

Intel Warns Chip Shortage Could Last Until 2023

CEO Pat Gelsinger said chip ecosystem recovering, but supply chain is stilled stressed, with chip shortages to last until 2023

3 years ago

Visa Continues Fintech Push With Currencycloud Acquisition

London-based forex specialist Currencycloud is to be acquired by payment giant Visa, in a deal worth £700 million ($963m)

3 years ago

Binance Pulls Digital ‘Stock Tokens’ After Crackdown

Hong Kong becomes latest in string of regulators around world to issue warnings about Binance 'stock tokens' as company pulls…

3 years ago

SoftBank Buys Into Korean Travel Start-Up Yanolja Ahead Of US Listing

SoftBank's Vision Fund reportedly planning to buy 10 percent of South Korean hotel booking platform Yanolja as it looks to…

3 years ago

Crypto Exchange Start-Up Bullish Sets Market Debut

Cryptocurrency market start-up Bullish plans $9bn market debut through merger with Far Peak Acquisition, headed by former NYSE president Tom…

3 years ago

Indonesia’s Bukalapak Plans $1bn Domestic IPO

Indonesian e-commerce firm Bukalapak set to become first tech 'unicorn' to make market debut in the country as it seeks…

3 years ago

China Expands Regulatory Crackdown On Didi As Investors Sue

China expands regulatory crackdown on ride-hailing firm Didi Global following IPO last month, as US investors sue over share price…

3 years ago

Mexico Bans Cryptocurrency Trades Or Services

Mexico's central bank and the country's finance ministry says financial institutions are not allowed to utilise cryptocurrencies

3 years ago

Starlink Will Go Public When Cash Flow Stabilises – Elon Musk

SpaceX's Elon Musk confirms the Starlink broadband satellite venture will eventually apply for an initial public offering (IPO)

3 years ago

Alan Turing £50 Bank Note Enters Circulation

New £50 polymer bank note bearing the photo of WW2 codebreaker and computing and AI pioneer Alan Turing enters circulation

3 years ago

Microsoft Now Valued At $2 Trillion

Software giant Microsoft joins Apple, as it cross the $2 trillion threshold to become only the second company to reach…

3 years ago

Bitcoin Plummets To Below $30,000 Amid China Crackdown

Bitcoin digital currency falls below $30,000 in value on Tuesday for the first time since January, as China clampdown bites…

3 years ago

BBVA Offers Bitcoin Trading Services In Switzerland

Spain's BBVA launches Bitcoin trading and custody services in Switzerland, with the aim of extending them to other countries

3 years ago

China Regions Order Bitcoin Mining Shutdown

Two of China's biggest cryptocurrency mining regions order mining operations to cease operations, even as China aims for blockchain leadership

3 years ago

Chinese Ride-Hailing Giant Didi Chuxing Files For US IPO

World's second-biggest ride-hailing company Didi Chuxing files to go public in US, in what could be biggest Chinese US listing…

3 years ago