(Reuters) Uber Technology has said it is looking to relinquish its holdings in China’s Didi Global Inc., citing the lack of transparency by Beijing. Uber, which considers Didi non-strategic, says…
(Reuters) China’s central bank has kept the rate steady at 2.95% of the maturing one-year medium-term lending facility of 500 billion yuan or $78.5 billion to keep the economy liquid. …
(Bloomberg) Barbados is pushing for a virtual embassy in Decentraland in a bid to achieve “diplomatic parity.” Gabriel Abed, Barbados’ real-world ambassador in the UAE, says the metaverse embassy is…
(BLS) The US posted a 0.8% increase in producer prices in November, a higher gain compared to a 0.6% rise in the prior three months. The increase in the producer…
(Rentokil) Shares of US extermination group Terminix soared more than 27% on Tuesday on news that Rentokil was buying it for $6.7 billion to create the world’s biggest pest control…
(Twitter) Dogecoin rose up to 33% on Tuesday, boosted by a Tweet by Tesla’s CEO Elon Musk who says the electric vehicle maker will allow it for payments on some…
(IEA) The International Energy Agency expects the emergence of the Omicron variant to only slow down oil demand recovery, with impacts relatively muted. IEA says Omicron is likely to ease…
(CNBC) Tesla CEO sold 934,091 shares of the company worth about $906.49 million, taking his total sale in December alone to more than $2.87 billion. The stock sales in December…
(Bloomberg) Shares of China’s Weibo Corp. fell 9.6% in Hong Kong on Tuesday to trade at HK$219.80, below its initial public offer price of HK$272.80 after a fine by the…
(ONS) The UK added 257,000 jobs in November, a record since 2014, taking the total number of employees in the country to 29.4 million. The rise in payroll numbers in…
(Bank of Russia) The Bank of Russia has banned mutual funds from crypto allocations and investments to qualified and unqualified investors. The Bank of Russia also prohibits fund managers from…
(Lilly) Shares of Foghorn Therapeutics Inc. rose more than 47% on Monday on the news that Eli Lilly and Company has selected its Gene Traffic Control platform for novel oncology…