MGM Resorts International MGM 1.03% British gaming company Antine ENT is seeking to buy -1.56% PLC, according to people familiar with the matter, in a recent move by the casino operator to double the red-hot amb online-gambling business. MGMA recently made an offer to buy the owner of the British …
Read More »Set a record IPO surge to roll in 2021
While investors turned down expectations, investors rallied in early public offerings at a record rate in 2020, and few expect the happy blessings to end soon. According to Delogic, the height of the dot-com boom in 1999 was પૂ 167.2 billion, with companies raising 4 164.2 billion on the U.S. …
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 »Google agrees to team up against Facebook’s potential anti-trust action, says draft law suite
WAS SHINGTON: Facebook Inc. And Alphabet Inc. No Google agreed to “cooperate and help each other if they face an investigation into their agreement to work together to advertise”, according to an indefinite version of the lawsuits filed against 10 states by Google last week. According to the claim, documents …
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