29 January

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Scotland to publish vaccine supply data amid EU row with AstraZeneca By Reuters

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LONDON (Reuters) - Scotland will publish COVID-19 detailed vaccine supply data next week even though the British government has so far refused to do so amid a row between the European Union and drug companies such as AstraZeneca over delayed deliveries. Europe's fight to secure vaccines intensified on Thursday when the EU warned drug companies that it would use all legal means...

29 January

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Bumper demand for Dr. Martens IPO values it at more than $5 billion By Reuters

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By Simon Jessop LONDON (Reuters) - Classic boot brand Dr. Martens said it had priced its initial public offering at 370 pence a share, giving it a market value of 3.7 billion pounds ($5.08 billion) when it starts trading later on Friday. It will sell an additional 52.5 million shares on top of the initial 350 million shares sold, following heavy demand...

29 January

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SAP CFO sees Qualtrics IPO as cue to re-rate own valuation By Reuters

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By Douglas Busvine BERLIN (Reuters) - SAP hailed the U.S. stock market listing of its Qualtrics unit, urging investors to take it as a cue to reconsider whether its own share price fairly reflected the value of its cloud assets. Shares of Qualtrics jumped nearly 40% on Thursday in their Nasdaq debut, valuing...

29 January

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Britain’s Boohoo in talks to buy Arcadia brands By Reuters

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LONDON (Reuters) - British online fashion retailer Boohoo confirmed on Friday that it was in exclusive talks with the administrators of Philip Green's collapsed Arcadia group over the purchase of the Dorothy Perkins, Wallis and Burton brands. Boohoo, which on Monday bought the Debenhams brand out of administration for 55 million pounds ($75.4 million), said there was no guarantee the talks would...

29 January

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Hyundai wrestles with the risks of embracing Apple By Reuters

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By Hyunjoo Jin and Stephen Nellis SEOUL/SAN FRANCISCO (Reuters) - Executives in Hyundai Motor Co Group are divided over a potential tie-up with Apple Inc (NASDAQ:AAPL), with some raising concerns about becoming a contract manufacturer for the U.S. tech giant, dimming the outlook for a deal. Hyundai said earlier this month it...

29 January

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Robinhood Anger, Spending Data, Eli Lilly: 3 Things to Watch By Investing.com

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By Liz Moyer Investing.com -- Stocks roared back on Thursday, with the Dow jumping triple digits, as the controversy over a group of retail traders who forced professional short-sellers into retreat continued. In a bit of positive economic news fourth-quarter U.S. gross domestic product grew at a 4% annual rate, the Commerce Department said. Even though output fell 3.5% last year from 2019, economists...

29 January

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No Reprieve for Stocks in Malaysia as Virus Ravages Economy By Bloomberg

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(Bloomberg) -- Things have gone from bad to worse for Malaysian stocks in the new year as the nation’s struggle to stem a surge in Covid infections deepens concerns about its economic revival. While optimism over vaccine rollouts and a post-pandemic recovery powered global equities to fresh records this month, the FTSE Bursa Malaysia KLCI Index, which lagged behind several Asian peers last...

29 January

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High Stakes as India Vows to Unveil a Budget Like ‘Never Before’ By Bloomberg

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(Bloomberg) -- India will turn to Finance Minister Nirmala Sitharaman’s budget on Monday to see how she prioritizes spending to get the pandemic-ravaged nation back to being the world’s fastest-growing major economy. Sitharaman’s plan will likely rely on generous public spending to spur activity, putting more money in the hands of the average taxpayer to boost consumption and easing rules to attract investments...

29 January

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Huawei smartphone shipments plummet amid U.S. sanctions By Reuters

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(Reuters) - China smartphone shipments slipped 4% in the December quarter, data showed, as shipments at Huawei Technologies Co Ltd plunged due to U.S. sanctions on the Chinese firm's chip and component suppliers. China market share for the company slumped to 22% from 38% in the year-ago quarter, data from research firm Canalys showed. The company remained the market leader, however, with...

29 January

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GM aims to end sale of gasoline, diesel-powered cars, SUVs, light trucks by 2035 By Reuters

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By David Shepardson WASHINGTON (Reuters) - General Motors Co (NYSE:GM) said on Thursday it was setting a goal to sell all its new cars, SUVs and light pickup trucks with zero tailpipe emissions by 2035, a dramatic shift by the largest U.S. automaker away from gasoline and diesel engines. GM, which also said...

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Scotland to publish vaccine supply data amid EU row with AstraZeneca By Reuters

Bumper demand for Dr. Martens IPO values it at more than $5 billion By Reuters

SAP CFO sees Qualtrics IPO as cue to re-rate own valuation By Reuters

Britain’s Boohoo in talks to buy Arcadia brands By Reuters

Hyundai wrestles with the risks of embracing Apple By Reuters

Robinhood Anger, Spending Data, Eli Lilly: 3 Things to Watch By Investing.com

No Reprieve for Stocks in Malaysia as Virus Ravages Economy By Bloomberg

High Stakes as India Vows to Unveil a Budget Like ‘Never Before’ By Bloomberg

Huawei smartphone shipments plummet amid U.S. sanctions By Reuters

GM aims to end sale of gasoline, diesel-powered cars, SUVs, light trucks by 2035 By Reuters

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