HONG KONG (Reuters) – Hong Kong Exchanges and Clearing Ltd (HKEX) (0388.HK) sees a trend of secondary advertising by Chinese companies with New York listing and supports their prospect as the stock market reports a 1% increase from the first half on Wednesday. FILE PHOTO: The name of Hong Kong …
Read More »Exclusive: Amazon in talks to invest in cloud service company Rackspace, say sources
(Reuters) – Amazon.com Inc. is in preliminary talks to invest in U.S. cloud service provider Rackspace Technology Inc., people familiar with the discussion said Monday. PHILO PHOTO: Signage seen at an Amazon facility in Bethpage on Long Island, New York, USA, March 17, 2020. REUTERS / Andrew Kelly The deal …
Read More »CureVac does not rule out rapid approval of COVID-19 vaccine
FILEFOTO: An employee of the German biopharmaceutical company CureVac, demonstrates research into a vaccine for coronavirus (COVID-19) at a laboratory in Tuebingen, Germany, March 12, 2020. REUTERS / Andreas Gebert FRANKFURT (Reuters) – German biotechnology company CureVac does not rule out a speedy approval process for its prospective vaccine against …
Read More »GLOBAL MARKETS World equities are falling as data points to sluggish economic recovery
* Data from China lacks expectations * Travel shares plummet on UK quarantine movement * Treasury revenue remains high after 30-year auction * Graph: World FX Rates in 2020 tmsnrt.rs/2RBWI5E By Tom Arnold LONDON, Aug 14 (Reuters) – Global equities dipped on Friday as eurozone data did not bode well …
Read More »Ant Group makes pre-list submission in China for blockbuster IPO
PHILO PHOTO: The logo of Ant Financial Services Group, the financial subsidiary of Alibaba, is displayed at its headquarters in Hangzhou, Zhejiang Province, China January 24, 2018. Image taken January 24, 2018. REUTERS / Shu Zhang HONG KONG (Reuters) – Ant Group, the fintech charm of Chinese e-commerce company Alibaba …
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