Category Archives: (KFGO The Mighty 790) Technology
Nornickel to boost output of nickel products in Finland for EV battery market
By Polina Devitt and Anastasia Lyrchikova MOSCOW (Reuters) - Russian metals producer Nornickel said on Tuesday it will boost output of nickel products at its Harjavalta plant in Finland as it bets on ...
Apr 13, 2021
Grab strikes $40-billion deal to go public in biggest ever blank-check merger
(Reuters) - Southeast Asia's largest ride-hailing and food delivery firm Grab Holdings Inc on Tuesday confirmed its $40-billion merger with a publicly-listed shell company backed by Altimeter Capital,...
Apr 13, 2021
Bitcoin hits record high of $62,575
LONDON (Reuters) - Bitcoin hit a record of $62,575 on Tuesday, extending its 2021 rally to new heights. The world's biggest cryptocurrency has more than doubled in price this year amid growing mainstr...
Apr 13, 2021
Singapore’s Pine Labs acquires Malaysia-based e-commerce platform Fave in $45 million deal
KUALA LUMPUR (Reuters) - Singapore-incorporated merchant commerce platform Pine Labs has acquired e-commerce and fintech firm Fave in a cash and equity deal valued at over $45 million, for joint globa...
Apr 13, 2021
Berlin Brands Group raises $240 million in debt for e-commerce deals
BERLIN (Reuters) - German e-commerce company Berlin Brands Group (BBG) said on Tuesday it had raised $240 million in debt financing to support the expansion of its direct-to-consumer brand portfolio, ...
Apr 13, 2021
Britain’s JD Sports reinstates dividend as online boom lifts forecast
(Reuters) - Britain's biggest sportswear retailer JD Sports resumed dividends on Tuesday and forecast higher profit for the current financial year as most stores reopened this week from the coronaviru...
Apr 13, 2021
China warns online platform companies to halt anti-competitive practices
BEIJING (Reuters) - China's market regulator on Tuesday met with nearly three dozen internet "platform" companies including Tencent, ByteDance and JD.com and ordered them to conduct self-inspections t...
Apr 13, 2021
Just Eat Takeaway says first-quarter orders up 79% to 200 million
AMSTERDAM (Reuters) - Food ordering and delivery company Just Eat Takeaway.com said on Tuesday its first-quarter orders rose by 79% to 200 million orders from 112 million a year earlier. Amsterdam-bas...
Apr 13, 2021
Some investors lukewarm on China’s Ant Group if revived after revamp
By Ross Kerber and John McCrank BOSTON/NEW YORK (Reuters) - China's regulatory-imposed revamp of Jack Ma's Ant Group, transforming the hot fintech into a financial holding company, appears to have den...
Apr 13, 2021
Beijing market regulator fines 360 search engine company for false advertising
BEIJING (Reuters) - A market regulator in Beijing fined the subsidiary company of search engine 360 2 million yuan ($306,000) for false advertising, by state-owned newspaper Beijing Youth Daily report...
Apr 12, 2021
