Royal Dutch Shell Plc expects to make the first profit from pumping oil since the start of the pandemic, according to Bloomberg. Shell's upstream unit, which largely handles crude exploration…
Japan’s Toshiba Corp. is exploring a $20 billion offer from private equity firm CVC Capital Partners to take it private, according to Reuters. CVC targets a 30% premium over Toshiba’s…
Patreon Inc., an online platform that connects creators with fans, hit a valuation of $4 billion in a $155 million investment round, according to the Wall Street Journal. The value…
Japanese Central Bank survey showed that households’ economic outlook confidence in March jumped to an eight-year high of minus 8.5 from minus 23.1 in December. 62.4% of households expect prices…
Amazon founder and CEO Jeff Bezos supports President Joe Biden’s $2 trillion infrastructure plan and corporate tax increases, according to the company’s statement. Bezos says the Congress has supported infrastructure…
Facebook is testing a new QR code feature and payment links for use with Facebook Pay, according to Techcrunch. The QR code feature, similar to Venmo’s QR codes, will allow…
Fidelity Investments and Square Inc. are leading other financial firms in forming a trade group to shape the regulation of cryptocurrencies, reports The Wall Street Journal. The Crypto Council for…
The International Monetary Fund has warned of highly uncertain global prospects characterized by divergent recoveries from the pandemic. With global growth projected to hit 6% this year, IMF says recoveries…
Sarcos Robotics will go public through a merger with special purpose acquisition company Rotor Acquisition Corp. according to the company’s press release. The combined company has an enterprise value of…
SAP shares closed up 4.8% on Monday after news emerged Google will stop using Oracle and adopt its internal financial software in the coming weeks, reports CNBC. There is no…
Hon Hai Precision Industry Co. recorded a revenue jump of 44% to NT$1.34 trillion or $47 billion in the first quarter, according to the company’s press release. The revenue was…
Higher energy prices and strong results from the trading division helped British Petroleum to record a solid start to the year, according to the Wall Street Journal. The results gave…