Deliveroo has denied any wrongdoing and strongly rebuffs the accusation that it treats its workers shabbily.
According to the report, the deal values Cazoo around $7 billion with an extra $1.6 billion of which $805 million will come from Ajax I and another $800 million will be received from several other stakeholders.
Tesla stock has now been trapped in a multi-week correction after rallying over 500% last year.
According to the company, the proposed $2 billion to be raised for the Fangchebao unit will be used to bolster its financial positioning.
Tencent Music announced that it will buy back Class A ordinary shares of up to $1 billion. The music streaming company further confirmed this could start as soon as March 29th and run for up to 12 months.
Coinbase’s arrival on the New York Stock Exchange will have far-reaching implications for the cryptocurrency landscape, and for finance more generally.
Bilibili is underperforming in its secondary listing. The company dabbed China’s YouTube last week raised $2.6 billion in its Hong Kong listing, in its first day of trading, it opened below its IPO price and dropped as much as 7% intraday.
The alleged stance of Burberry has caused severe hatred for its brand in China with Regina IP, a Hong Kong lawmaker saying she will stop buying the Burberry products.
Nio has recorded impressive results in auto production in the past two quarters. But the current halt may be risky for the performance of the company.
Xiaomi is reportedly planning to develop an electric vehicle. The Chinese smartphone company is said to be collaborating with Great Wall Motor Co Ltd for both its manufacturing plant and its engineering expertise.
According to the Federal Reserve, the restrictions on dividends and share repurchases will end for almost all the banks on the 30th of June.
During the last quarter of 2020, GameStop recorded earnings per share of $1.34 on the revenue of $2.12 billion.
Acquiring Tesla cars with BTC by residents of the United States may not be as fun-filled as it can be for Bitcoin holders that reside in other nations per the tax considerations.
According to Form S-1 filed by Fidelity Investments, the ETF will be called Wise Origin Bitcoin Trust.
DigitalOcean provides developers with cloud services that help to deploy and scale applications that run simultaneously on multiple computers.