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April 13, 2021
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CNBC News

CNBC News

SoftBank-backed Grab agrees to go public in world’s largest SPAC merger

April 13, 2021 - by admin - Leave a Comment

Southeast Asia’s ride-hailing giant Grab announced Tuesday it is set to go public through a SPAC merger with Altimeter Growth Corp., in a deal that values the company at $39.6 …

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CNBC News

Singapore’s Temasek and BlackRock commit $600 million to reduce carbon

April 13, 2021 - by admin - Leave a Comment

BlackRock Chair and CEO Laurence D. Fink attends a session at the World Economic Forum (WEF) annual meeting in Davos, on January 23, 2020. FABRICE COFFRINI Singapore state investor Temasek …

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CNBC News

Market braces for key inflation report Tuesday that may test the Fed’s mettle

April 12, 2021 - by admin - Leave a Comment

Shoppers wearing protective masks push shopping carts inside a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images The pace …

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CNBC News

Stock futures slip after Dow, S&P 500 hit fresh records

April 12, 2021 - by admin - Leave a Comment

Futures contracts tied to the major U.S. stock indexes ticked lower early Monday, suggesting Wall Street could see muted trading after reaching fresh records last week. Dow futures implied an …

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CNBC News

NYU’s Damodaran on relationship between China and Tencent, Alibaba

April 12, 2021 - by admin - Leave a Comment

The success of China’s internet giants is closely tied to their relationship with Beijing, according to Aswath Damodaran, New York University’s “dean of valuation.” Investors are “making a joint bet …

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CNBC News

Blinken warns Moscow of consequences amid troop buildup near Ukraine

April 11, 2021 - by admin - Leave a Comment

Secretary of State Antony Blinken gives a press briefing at the end of a NATO Foreign Ministers’ meeting at the Alliance’s headquarters in Brussels, Belgium, March 24, 2021. Olivier Hoslet …

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IMF raises Middle East growth forecast, recovery will be ‘divergent’

April 11, 2021 - by admin - Leave a Comment

Shoppers wearing protective masks walk near the Dubai Mall and the Burj Khalifa skyscraper in Dubai, United Arab Emirates, on Wednesday, Jan. 27, 2021. Christopher Pike | Bloomberg | Getty …

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CNBC News

GM cuts overtime shifts at two U.S. truck plants due to chip shortage

April 11, 2021 - by admin - Leave a Comment

Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty …

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CNBC News

Didi Chuxing raising $1.5 billion in debt ahead of IPO: Reports

April 10, 2021 - by admin - Leave a Comment

A logo of ride-hailing giant Didi Chuxing displayed on a building in Hangzhou in China’s eastern Zhejiang province. STR | AFP | Getty Images Chinese ride-hailing giant Didi Chuxing is …

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CNBC News

WHO says 87% of the world’s supply has gone to higher-income countries

April 10, 2021 - by admin - Leave a Comment

Wealthy countries have received the vast majority of the world’s supply of Covid-19 vaccine doses, while poor countries have obtained less than 1%, the World Health Organization said at a …

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