Stripe Inc. A new round of funding for the financial-tech company is the most valuable start in the world. Stripe said on Sunday that it had raised 600 600 million from a group of investors, including Ireland’s National Treasury Management Agency, insurer Allianz Se Elizi. 0.16% And AXA S.A. Character …
Read More »European recovery has seen Nasdaq-100 futures decline after the US Senate passed a 9 1.9 trillion stimulus plan.
European stocks rose on Monday while U.S. stocks rose. Technology stock futures fell, with bond yields approaching a one-year high and the world’s largest economy heading for a $ 1.9 trillion stimulus. U.S. weekend The Senate passed a version of its 1.9 trillion stimulus package, before President Joe Biden could …
Read More »Why is Alibaba’s stock plunge bad news for Softbank?
The size of the text Getty Images by Charlie Tribune / AFP A sharp drop in shares of Alibaba Group on Thursday came on the heels of news that China is investigating e-commerce giant on issues of antitrust, whose shares have risen. Softbank Group, Japan-based holding company that is Alibaba’s …
Read More »Asian markets are mostly higher, but stocks in China are falling amid Alibaba anti-trust checks.
Asian stocks were mostly higher on Thursday after mixed gains on Wall Street following mixed economics reports. Benchmarks rose in Tokyo, Hong Kong and Sydney. China’s market regulator says it has launched an anti-monopoly probe into e-commerce giant Alibaba Group 9988, after shares in Shanghai fell. -8.13% Baba, + 0.14%, …
Read More »Tech giants in Europe face new rules, backed by huge fines
European officials want new powers to oversee the internal affairs of large tech companies such as Facebook Inc., FB -0.55% The multibillion-dollar leer is backed by threats of fines as they seek to expand their role as global tech implementers. The European Union’s executive branch on Tuesday proposed two bills …
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