FILE PHOTO: SoftBank Corp’s logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon(Reuters) – SoftBank Group Corp’s Vision Fund 2 has led a $775 million investment in Perch, a technology firm that buys and operates third-party brands that sell their products on Amazon.com Inc. The Series A funding will make Perch a so-called “unicorn” […]
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FILE PHOTO: The logo of Royal Enfield is pictured on a bike at Royal Enfield’s flagship shore in Bangkok, Thailand, February 24, 2016. REUTERS/Athit PerawongmethaCHENNAI (Reuters) – Eicher Motors Ltd-owned Royal Enfield will shut its three south Indian manufacturing plants for three days to ensure safety amid rising COVID-19 cases, according to an internal note seen by Reuters and two […]
Read moreKYIV/VILNIUS (Reuters) -Airlines re-routed flights to avoid Belarus’s airspace on Tuesday and Belarusian planes faced a possible ban from Europe, as international outrage mounted over Minsk forcing down a jetliner and arresting a dissident journalist on board. Western nations accused Belarus of hijacking and piracy over the interception of the Ryanair plane as it crossed the country on a flight […]
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KYIV/VILNIUS (Reuters) -Airlines re-routed flights to avoid Belarus’s airspace on Tuesday and Belarusian planes faced a possible ban from Europe, as international outrage mounted over Minsk forcing down a jetliner and arresting a dissident journalist on board. A video released overnight showed 26-year-old Roman Protasevich – who was pulled off the Ryanair flight from Greece to Lithuania in the Belarus […]
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(Reuters) – Chinese e-commerce platform Pinduoduo Inc’s quarterly revenue beat Wall Street estimates on Wednesday, driven by a sustained surge in online shopping following the COVID-19 pandemic.Slideshow ( 2 images )Total revenue more than tripled to 22.17 billion yuan ($3.47 billion) in the first quarter, boosted by Pinduoduo’s online marketing services revenue. Analysts on average had expected revenue of 20.2 […]
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Britain’s Prime Minister Boris Johnson leaves Downing Street in London, Britain, May 26, 2021. REUTERS/Hannah McKayLONDON (Reuters) – British Prime Minister Boris Johnson rejected criticism from his former adviser Dominic Cummings on Wednesday, saying he did not accept Cummings’ accusation that government inaction led to unnecessary deaths. Asked by opposition Labour leader Keir Starmer whether he accepted the central allegations […]
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The broad markets edged higher on Thursday with the Dow Jones industrial average leading the charge up 0.4%. ARK Investors saw another good day as each of the ETFs posted a decent gain on the day as well. ARKW and ARKX performed the best out of the group, up about 0.9%, while ARKF and ARKG lagged the rest of the […]
Read more* MOEX seen at 3,819 by end-2021, at 4,210 by end-2022 * RTS seen reaching 1,690 by end-2021 and 1,880 by end-2022 * cpurl://apps.cp./cms/?pageId=stock-index-poll poll data MOSCOW, May 26 (Reuters) – Russia’s stock market will climb to record highs this year thanks to a recovery in commodity prices and still-low interest rates globally, although there are also risks of a […]
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LONDON (Reuters) -Dominic Cummings, Prime Minister Boris Johnson’s chief adviser until late last year, accused his former boss on Wednesday of being unfit for office and of failing Britain by allowing tens of thousands to die “unnecessarily” of COVID-19.FILE PHOTO: Former special advisor to British Prime Minister Boris Johnson, Dominic Cummings, looks on outside of his house, in London, Britain, […]
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