1.Deliveroo:-Food delivery company Deliveroo said the gross transaction value (GTV) of orders on its platform rose 36% year-on-year in the fourth quarter, resulting in it hitting the top of its guidance range with a 70% rise for the year. Food delivery boomed during the COVID-19 pandemic when pubs and...
1.MICROSOFT:- Microsoft Corp is buying “Call of Duty” maker Activision Blizzard for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future. The deal announced by Microsoft on Tuesday, its biggest-ever and set to be the largest all-cash acquisition...
1.TESLA:- Elon Musk will visit Tesla’s factory in Berlin in mid-February, the chief executive tweeted on Tuesday, following speculation on Twitter that he would be in Germany this month. “I obv can’t comment on every rumor, but this isn’t true. Am headed to Berlin mid-Feb, not this week,” Musk tweeted...
1.CREDIT SUISSE:–Credit Suisse Chairman Antonio Horta-Osorio has quit following an internal probe into his personal conduct, including breaches of COVID-19 rules, raising questions over the embattled lender’s new strategy as it tries to recover from a string of scandals. His exit comes less than a year after he was...
TOP 3 MARKET EVENTS IN THE UPCOMING WEEK U.K. Average Earnings Index +Bonus WHEN: WHAT IT INFLUENCES: 18th January 2021 GBP and its subsequent pairs WHAT’S HAPPENING: The U.S. Building Permits WHEN: WHAT IT INFLUENCES: 19th January 2021 USD and its subsequent pairs WHAT’S HAPPENING: Building Permits measure the...
Alphabet (NASDAQ:GOOGL) is trading down 2.01% at 2771.74 Tech giant Google has spent $1 billion to buy a central London building where it is currently a tenant, showing its confidence in the future of the office as a place to work, the company said on Friday. Google, which employs...
TOP 5 STOCKS TO WATCHOUT:- HSBC:-The co-head of HSBC’s investment bank Georges Elhedery will take a 6-month sabbatical from the bank starting in March, according to an internal memo seen by Reuters on Friday. Greg Guyett, who co-heads the Global Banking and Markets business with Elhedery, will take over...
1.TESLA:–Tesla Inc is “still working through a lot of challenges with the government” in India, its billionaire chief executive Elon Musk said on Twitter on Thursday, responding to a question on when it would launch its electric cars in the country. Tesla had plans to begin selling imported cars...
1.TOSHIBA:–Toshiba Corp’s proposal to split itself into three companies won’t solve its governance issues and the conglomerate should prioritise an overhaul of its board and management, said a senior executive at one of Japan’s largest pension funds. Ken Hokugo, corporate governance director at the Pension Fund Association (PFA), said...
1.TESLA:–U.S. electric vehicle maker Tesla Inc sold 70,847 China-made vehicles in December, the highest monthly rate since it started manufacturing in Shanghai in 2019, data from the China Passenger Car Association (CPCA) showed on Tuesday. Tesla’s December sales, which included 245 for export, were almost three times the amount...