Qibi Holdings LLC is considering closing itself, according to people familiar with the matter, a move that points to a potential crash landing for a one-time high-end entertainment startup that raised capital 1.75 billion in capital. The streaming service has been plagued by problems since it began in April, facing …
Read More »European stocks fell for the third straight session and U.S.
European stocks fell on Wednesday, with earnings news surging due to investor concerns over the spread of the COVID-19 epidemic in the region and stimulus progress in the US, and Wall Street equity futures also slipped into the red. In favor of the third straight losing session, Stokesx Europe 600 …
Read More »Goldm Sachs will pay $ 2.8 billion, falsely admits to settling 1MDB charges
Goldham Sachs 1.14% Group Inc. Will pay about 8. 8.8 billion and end bribery investigations and illegal confessions from Southeast Asia to Hollywood and further strengthen the Wall Street Pay firm’s reputation over the years. Reconciliation with the Justice Department, which is expected later this week, could lead to an …
Read More »Volunteers infected with coronavirus in vaccine-effectiveness tests in the UK
LONDON – Researchers in the UK are planning the first of its kind to quickly gauge the effectiveness of multiple vaccines against Covid-19 by launching an infection of healthy volunteers with a tightly controlled dose of coronavirus in early 2021. The so-called humanitarian challenge plans target children aged 18 to …
Read More »European stocks bring political stability, while earnings highlight epidemic winners, including UBS and Logitech
(File) In this file photo taken on May 08, 2019, a pedestrian walks behind the logo of the Swiss banking giant UBS carved on the wall of its headquarters in Zurich. Fabrice Cofrini / Agency France-Press / Getty Images European stocks plunged on Tuesday amid concerns over the political climate …
Read More »