MEXICO CITY (Reuters) – Mexican used-car platform Kavak has reached a $4 billion valuation after raising $485 million in new funding, it told Reuters this week, making the fast-expanding company one of the most highly valued startups in Latin America.FILE PHOTO: The facade of used autos platform Kavak is pictured in Mexico City, Mexico, August 25, 2020. Picture taken August […]
Read moreLONDON (Reuters) – World stocks hit record highs on Tuesday, supported by strong economic data from China and the United States, while currency and bond markets paused for breath after a month of rapid gains in the dollar and Treasury yields.FILE PHOTO: People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett/File […]
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(Reuters) – The following is a roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus.FILE PHOTO: A medical worker vaccinates a man against the coronavirus disease (COVID-19) as Israel kicks off a coronavirus vaccination drive, at Tel Aviv Sourasky Medical Center (Ichilov […]
Read moreBERLIN (Reuters) -Germany and France on Tuesday welcomed a promise by U.S. Treasury Secretary Janet Yellen to work on a global corporate minimum tax rate as a step towards making a landmark deal achievable, but low-tax Ireland voiced reservations.FILE PHOTO: German Finance Minister Olaf Scholz gestures as he holds a news conference in Berlin, Germany, March 24, 2021. REUTERS/Hannibal Hanschke/Pool/File […]
Read more(Reuters) – Silicon Valley self-driving startup Gatik and Isuzu North America Corp on Tuesday said they will work together to build autonomous delivery trucks that Gatik will use to serve its retailer customers. Gatik, which works with Walmart Inc in Arkansas and Louisiana and Loblaw Companies Ltd in Canada to deliver goods to stores from warehouses using autonomous trucks with […]
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TOKYO (Reuters) – The dollar was largely steady on Monday as investors soaked up last week’s strong U.S. employment report and looked ahead to data on the U.S. services sector for affirmation of a solid economic rebound from the coronavirus shock.FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken February 8, […]
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MELBOURNE (Reuters) – Citibank N.A. has lodged an application with Australia’s Supreme Court of New South Wales to wind up two businesses run by Indian-British steel magnate Sanjeev Gupta as part of insolvency measures.FILE PHOTO: People walk beneath a Citibank branch logo in the financial district of San Francisco, California July 17, 2009. REUTERS/Robert Galbraith/File PhotoThe London branch of Citibank […]
Read moreFILE PHOTO: ViacomCBS headquarters is pictured in New York, New York, U.S. December 5, 2019. REUTERS/Kate Munsch(Reuters) – ViacomCBS Inc said on Monday it had agreed to buy broadcaster Chilevision from AT&T Inc-owned WarnerMedia for an undisclosed sum, as the media giant looks to boost its streaming audience in Latin America. The acquisition will bolster ViacomCBS’ Americas portfolio, which includes […]
Read moreWASHINGTON (Reuters) -U.S. President Joe Biden would be willing to push through his $2 trillion infrastructure plan without the support of Republican lawmakers if he cannot reach a bipartisan deal, Energy Secretary Jennifer Granholm said on Sunday.FILE PHOTO: U.S. National Economic Council Director Brian Deese addresses reporters at the top of the daily press briefing at the White House in […]
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