(Bloomberg) Kristalina Georgieva, the IMF’s Managing Director, says widespread global vaccinations can help address inflation fears and potential social unrest. Georgieva says that intensifying global vaccinations boost production everywhere and…
(Rogers Corporation) DuPont has agreed to acquire Rogers Corporation for a $5.2 billion all-cash transaction. Rogers shareholders will receive $277 in cash per share, about 33% premium of the company’s…
(Bloomberg) British Petroleum has come under pressure after data from the Permian Basin, US largest oil field, revealed that its operations were among the dirtiest among the firms operating there.…
(Under Armour) Shares of Under Armour Inc. rose by 10.5% on Tuesday after the company said it expects revenues in 2021 in North America to increase in the high twenties.…
(MarketWatch) Tesla’s CEO Elon Musk says that the company has not signed a contract to deliver 100,000 electric vehicles to Hertz by 2022. Musk questioned a 33% Tesla stock rally…
(CoinDesk) The trial of Ira Kleiman versus Craig Wright seeking to uncover the identity of Satoshi Nakamoto and the fate of his 1.1 million bitcoins has begun in Miami. Craig…
(IHS Markit) The Eurozone manufacturing sector slowed down in October, with a drop in PMI to 58.3 from 58.6 in September. The expansion was the slowest growth since February. Companies…
(WSJ) Rivian Automotive Inc., an Amazon-backed electric-vehicle startup, is looking to sell its shares between $57 and $62 a piece in a public listing next week that will value it…
(Twitter) World’s largest crypto exchange Binance says a “large backlog” prompted a suspension of cryptocurrency withdrawals on its platform. Binance says it is working on an update to restore withdrawals.…
(Bloomberg) OPEC+ could clash with the US over its decision to stick with a gradual increase in oil output against calls by President Biden for higher production. The US is…
(IHS Markit) US Manufacturing PMI was 58.4 in October, a drop from 60.7 in September and the weakest in ten months. Growth of new orders was sharp and at a…
(Bloomberg) Shares of small biotech firm ABVC BioPharma Inc. rose as much as 930% in premarket trading on Monday before shedding gains to below 300% on retail frenzy. ABVC attracted…