Snowflake, backed by billionaire investors, said it would raise $ 3.4 billion in the largest software IPO ever, valued at $ 33 billion. The cloud-data platform will sell 28 million shares of one million 120 million pieces. Snowflake plans to list on the New York Stock Exchange under the ticker …
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SINGAPORE – Australia and China need to find common ground despite their differences, as economic ties between the two are important, said former Australian Prime Minister John Howard. “The economic relationship between Australia and China is very important, and there is tension in that relationship and we have to take …
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Federal Reserve Chair Jerome H. Powell during a speech in Washington DC on March 3, 2020. Mark Makela / Getty Images In the first CNBC Fed survey since the Federal Reserve announced its new, more hostile monetary policy, respondents now predict no rate hike from the central bank until 2023. …
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This photo illustration shows the PlayStation 5 logo on a smartphone. Rafael Henrik | Sopa Images | Lightrocket | Getty Images SINGAPORE – Japan’s Sony shares fell after reports that the company was cutting estimated production for its PlayStation 5 gaming console. The stock traded about 1.8% lower on Tuesday …
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Reuters Gilead said on Sunday it had agreed to acquire the cancer-drug company Immunomidics for 21 billion. Immunomedic shares rose 106% on Monday following the news. Immunomidics, used to treat various forms of breast cancer, sells Drodelvi and is being evaluated for other possible signs of cancer. Trodelvie was approved …
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