Evan Glensenberg, the longtime chief executive of London G Glencore PLC, is handing over the reins of the global mining and trading giant he created, saying on Friday that he would retire early next year. The Switzerland-based London-listed company said it currently supports senior deputy Gary Nagle, who currently runs …
Read More »
Amazon.com has been one of the most innovative and disorganized companies of this century, with incredible success in areas beyond historically considered its core business (book sales). Thus every ad or speculation Amazon AMZN, -0.96% Whoever enters a particular industry sends the shares of that industry into the tailspin. Investors …
Read More »
Genius Sports Group Ltd., a UK betting-data company Merged with a blank-check company to start trading on the New York Stock Exchange for billion 1.5 billion, targeting U.S. growing industries London-based Genius Sports collects and distributes sports data that forms the backbone for sports betting. The company works with organizations …
Read More »
Intel Corpo. INTC 0.70% South Korea’s SK Hinix is close to a deal to sell a memory-chip unit Inc. 000660 1.64% For about billion 10 billion, the move will stabilize the semiconductor giant away from an area of historical significance that has become more challenging. Companies are discussing deals that …
Read More »
U.S. Stock futures rose on Monday, pointing to gains in key indices earlier in the week, as investors evaluated fresh stimulus packages and the prospect of China’s economic recovery. Futures linked to the S&P 500 are up 0.7%, indicating that the gauge will increase after New York’s opening llnt. Contracts …
Read More »