(Markets Insider) Shares of crisis-hit Evergrande fell to 14% in Hong Kong on Thursday as investors abandoned the stock following the collapse of a 50.1% stake sale of its property…
(Reuters) PayPal Holding Inc. has reportedly offered $45 billion to acquire Pinterest Inc. in a deal set to be the largest acquisition of a social media company. The payment giant…
(Tesla) Tesla Inc.’s revenues rose by 57% in the third quarter of 2021 from the prior year to a record $13.757 billion. The revenue was more than expected $13.63 billion. …
(Verizon) Verizon Communications Inc.’s net income hit $6.6 billion in the third quarter of 2021, up 45.5% from the comparable quarter of 2020. Earnings per share of $1.55 was reported…
(CNBC) Shares of Alibaba rose up to 9% in Hong Kong on Wednesday on reports that Jack Ma had appeared in Europe a day after releasing a new chip. Ma…
(FT) China has asked McDonald's to expand its adoption of a digital payments system, renminbi, ahead of the Beijing Winter Olympics. The Chinese regulator wants the food chain to expand its…
(Reuters) Spreads on China’s high-yield debt MERACYC dominated by property developers narrowed on Tuesday from its record levels last week as Beijing said sector risks were controllable. China’s officials reassured…
(Netflix) Netflix, Inc. announced an increase in the third quarter of 2021 income to $1.449 billion from $790 million recorded in the same quarter of 2020. The company’s diluted earnings per…
(ASML) ASML Holdings NV posted net sales of 5.2 billion euros in the third quarter of 2021, up from 4.020 billion euros in the second quarter. The gross margin in…
(Coindesk) Facebook has tapped Paxos and Coinbase for the piloting of a digital wallet Novi in the US and Guatemala. The pilot, already live, is being rolled out gradually on…
(Johnson & Johnson) Johnson & Johnson posted total sales of $23.3 billion in the third quarter of 2021, up 10.7% from the prior year. US sales amounted to $11.963 billion,…
(Reuters) China’s Evergrande Group has made a payment of 121.8 million yuan or $19 million on an onshore bond coupon, which became due on Tuesday. The group’s unit Hengda Real…